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Developers in Coalville
Coalville stock that is not earning.
For developers holding completed Coalville units: a fixed monthly rent under one agreement, paid whether or not anyone is staying in the property.
Three Ways We Work
Three ways we work with developers.
Unsold & Slow-Moving Units
We become the lessee 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
One agreement and one payer across a whole phase, instead of a stack of individual lettings and holding costs. How this works →
Coalville
How the figure is reached
We price the scheme in front of us rather than the postcode. Two developments a mile apart can support very different figures once access, parking, service charge and layout are taken into account.
Coalville
What to expect once it starts
You send the scheme, we review it and come back with whether we can take it and on what terms. There is no fee for that and nothing to sign to get an answer.
Coalville
Where this fits, and where it doesn't
It works for owners who are some distance away, because nothing about it requires them to be nearby.
Coalville
The paperwork that has to be right
Anything that is the owner's statutory responsibility stays the owner's responsibility, and the agreement says which items those are.
Coalville
What we won't do
We do not use a landlord's property to test something we have not done before.
Coalville
Where to start
There is no obligation at any stage before signature, and that is said plainly rather than buried.
Coverage
We also cover these nearby
Check Us Properly
Due diligence, made simple.
Covenant first, plan second. Examine the company and the agreement before any of this goes into a funder's pack. Company No. 16187542: we will hand over what you need to check it properly. A phased start is usually the sensible structure on anything substantial. We will suggest it before you have to.
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
What developers want to know about Coalville.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Coalville unit sits empty?
Yes. The rent is a fixed monthly sum under the agreement, payable whether or not anyone is staying in the property. The void risk moves to us, which is why the figure sits below the best a unit might achieve in a strong month.
Can we keep marketing the Coalville units for sale?
Yes. Most developers do. A break clause lets you recover vacant possession on an agreed notice period once you have a buyer. Viewings are arranged with reasonable notice.
Is this an AST?
No. It is a company let agreement: Maine Property Solutions Ltd becomes the lessee and carries the rent obligation. Your solicitor should read the agreement before you sign it.
How many Coalville units would you take?
A single unit is straightforward. A whole block usually starts in stages: a first group of units on one company let agreement, with the rest following on agreed terms.
Who are you?
Maine Property Solutions Ltd, Companies House number 16187542, registered office Office 1, Izabella House, 24-26 Regent Place, Birmingham B1 3NJ.