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Developers in Consett
Consett stock that is not earning.
For developers holding completed Consett units: a fixed monthly rent under one agreement, paid whether or not anyone is staying in the property.
Three Ways We Work
What we can take on.
Unsold & Slow-Moving Units
A finished unit that has not sold earns a fixed monthly sum instead of a council tax bill and comes back to you when a buyer appears. How this works →
Site Team Accommodation
Somewhere sensible for a travelling crew to stay, with kitchen and laundry, run by us and billed to the company. 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 →
Consett
How the numbers are worked out
Unit mix matters more than unit count. Studios and three-beds behave differently, and one figure spread evenly across a mixed phase is usually wrong for half of it.
Consett
How it runs day to day
Both sides use solicitors. We are asking a developer to grant a lease to a company, and nobody should sign that on a handshake.
Consett
Who this suits — and who it doesn't
Portfolio owners tend to find it simplest, because consolidated reporting removes the per-property admin that makes a portfolio tiring.
Consett
The compliance side
Anything that is the owner's statutory responsibility stays the owner's responsibility, and the agreement says which items those are.
Consett
Things we don't do
We do not take on property we do not think will work. Turning something down costs us a fee and saves an owner a year of disappointment.
Consett
The first step
An initial conversation is worth more than a form. Most of what matters — constraints, timing, what the owner actually wants — does not fit in a field.
Coverage
Nearby towns we also cover
Check Us Properly
Everything in writing, everything checkable.
One company let agreement puts one payer against the stock, so the check that matters is on that payer. Read our filed position before you build a cashflow on the rent. Company No. 16187542: we will hand over what you need to check it properly. For a block or a phase, expect security proportionate to the scheme to be agreed in writing before anything starts.
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 Consett.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Consett 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 Consett 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 Consett 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.