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Developers in Eccles
Eccles stock that is not earning.
Development finance does not pause because a unit in Eccles has not sold. We take completed stock on a company let — one agreement, one payer, a fixed sum every month whether the property is occupied or not.
Three Ways We Work
The three arrangements.
Unsold & Slow-Moving Units
Finished units producing income while they sit on the market, with vacant possession returned on agreed notice. How this works →
Site Team Accommodation
Beds for the people building it: your team together, near site, on one account that invoices once a month. 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 →
Eccles
How the numbers are worked out
The rent we can commit to comes from what the units would realistically let for across the whole term, less what it costs to run them and the value of carrying the void risk. It is arithmetic on a specific scheme, not a percentage applied to an asking price.
Eccles
What to expect once it starts
Both sides use solicitors. We are asking a developer to grant a lease to a company, and nobody should sign that on a handshake.
Eccles
Who gets the most from it
First-time landlords are welcome, and they get told more than they ask for rather than less.
Eccles
Certificates, licensing and insurance
Licensing and planning requirements vary by council and they change. We check the current position for the relevant authority rather than assume a rule that was true somewhere else.
Eccles
Where we draw the line
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.
Eccles
The first step
The quickest starts are the ones where compliance paperwork is already to hand. It is worth gathering it before getting in touch.
Straight Answers
Where we actually are.
We are small. Two properties operated, no developer schemes completed, and an honest expectation that you will verify all of that rather than take it on trust. Company No. 16187542, and we will hand over what you need to check it properly. Where the numbers get serious, so does the security around them. That conversation happens early rather than late.
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
Eccles: the practical questions.
Still not sure? Ask us about your property and we'll answer for your specific situation.
What do you need from us to price an Eccles 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 Eccles 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.