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Developers in Faversham
Faversham stock that is not earning.
For developers holding completed Faversham units: a fixed monthly rent under one agreement, paid whether or not anyone is staying in the property.
Three Ways We Work
What we would take from a developer.
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
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
One agreement and one payer across a whole phase, instead of a stack of individual lettings and holding costs. How this works →
Faversham
How the numbers are worked out
The rent sits below the best a unit might achieve in a strong month, and it should. What you are buying is certainty and the removal of void risk, and that carries a price on both sides of the deal.
Faversham
What to expect once it starts
There is one point of contact rather than a rota. Whoever you agree the terms with is who you speak to when something needs sorting out.
Faversham
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.
Faversham
Certificates, licensing and insurance
Insurance written for standard residential letting usually will not cover the intended use. It is worth checking before rather than discovering after.
Faversham
Where we draw the line
We do not guarantee returns, and an owner should treat anyone who does with suspicion. Property outcomes depend on things nobody controls.
Faversham
How to begin
The quickest starts are the ones where compliance paperwork is already to hand. It is worth gathering it before getting in touch.
Coverage
Other places we work near Faversham
Check Us Properly
The checks worth running first.
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. 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 ask us about Faversham.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Faversham units rather than just discount them?
A discount is permanent and a letting is not. If the sales market is slow rather than broken, income across the slow period plus a break clause for when a buyer appears usually beats cutting the asking price on the last few plots.
What happens to the Faversham agreement if we sell the block?
The agreement is with the property, so a buyer takes it subject to our lease. That is worth raising with your agent early, because for some buyers an income-producing block is more attractive and for others it is not.
Can you house our site team instead?
That is a separate arrangement we also offer: managed accommodation near site for your own staff and contractors, on one company account with a single monthly invoice.
Who is responsible for gas, electrical and fire safety?
A lease does not make the safety duties disappear. Which obligations sit where is written into the agreement before anyone signs. Both solicitors should look at that clause specifically.
Will you sign an NDA before we send Faversham scheme details?
Yes, without fuss.