Home/Developers/North East/Chester-le-Street
Developers in Chester-le-Street
Chester-le-Street stock that is not earning.
An empty Chester-le-Street unit still costs finance, council tax and service charge every month it stands there. We take it on a company let and pay a fixed monthly rent instead.
Three Ways We Work
Three things we do.
Unsold & Slow-Moving Units
We become the tenant on completed stock and pay monthly while you carry on marketing it, with an agreed notice period to get it back. How this works →
Site Team Accommodation
Accommodation for site staff and contractors, taken care of end to end and settled on one company invoice. How this works →
Whole Block or Phase
A completed phase taken as a unit, with break provisions so you can pull units back if the sales market turns. How this works →
Chester-le-Street
The commercial mechanics
A figure quoted before anyone has looked at the scheme is a guess. We would rather take a day and give you a number we can hold for the full term than win the conversation with something we quietly revise in month seven.
Chester-le-Street
How the work gets done
Handover runs off a schedule of condition with photographs, agreed by both sides on the day. It is the document that settles every argument about wear and tear before there is one.
Chester-le-Street
Who this suits — and who it doesn't
This suits an owner who wants the property to work without becoming a second job. It does not suit someone who wants to approve every booking — that is a different relationship and it does not run well.
Chester-le-Street
Compliance, plainly
An electrical installation condition report has a life. So does a gas certificate. Both get diarised rather than remembered.
Chester-le-Street
What we won't do
We do not quote a figure before somebody has looked at the property. A number produced from a postcode is a marketing device, not an appraisal.
Chester-le-Street
How to begin
There is no obligation at any stage before signature, and that is said plainly rather than buried.
Coverage
We also cover these nearby
Straight Answers
What you should check first.
We would rather you heard this from us than found it in a credit check: we operate two properties and have never run a developer scheme. The offer is a contractual one, and it deserves the same scrutiny you would give any new counterparty. Company No. 16187542, and we will hand over what you need to check it properly. For a block or a phase, assume we will be asked for security of some kind, and assume we will agree that it is reasonable.
Nothing on this page is a valuation, a financial promotion or investment advice. Terms are specific to the scheme in front of us and are agreed in writing before either side commits.
Your Questions
Common questions from Chester-le-Street housebuilders.
Still not sure? Ask us about your property and we'll answer for your specific situation.
What do you need from us to price a Chester-le-Street scheme?
Location, plot numbers, tenure and the service charge position, the completion date, and your expected sales window. Certificates where they exist. The more of that we have, the less hedged the answer.
How long does it take to get an answer?
The review itself is quick. What usually sets the timeline is compliance paperwork - the EPC, the electrical certificate or the gas safety record arriving - rather than anything on our side.
What condition do the Chester-le-Street units come back in?
The standard is agreed before we take them, off a schedule of condition with photographs at handover. Fair wear and tear is expected on a property that has been lived in; anything beyond that is ours to put right.
Do you buy unsold stock?
No. We take property on a lease and pay rent - we are not a cash buyer and we do not make offers on completed units. If something needs work rather than being finished, send it to us and we will see whether it fits an investor on our list.
Are you VAT registered?
Maine Property Solutions Ltd is not VAT registered, so our invoices carry no VAT. VAT on property leases depends on tenure and on whether an option to tax is in place, so take your own advice on your recovery position.