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Developers in Fleet

Fleet stock that is not earning.

Development finance does not pause because a unit in Fleet 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

Three ways we work with developers.

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

Managed accommodation near site for your own staff and contractors, on one company account with a single monthly invoice. How this works →

Whole Block or Phase

Whole-block lettings under a single company let, with a phased start if that suits both sides better. How this works →

Fleet

What drives the number

If the numbers do not work we say so and explain why. A scheme priced badly to win the instruction becomes a scheme we cannot service, and that is worse for a developer than an early no.

Fleet

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.

Fleet

Is this right for you?

It suits someone who values a predictable outcome over an occasional excellent month. If the excellent month is the point, a different model fits better.

Fleet

The paperwork that has to be right

Deposit handling, where it applies, follows the statutory scheme. There is no discretion in it.

Fleet

Things we don't do

We are not a building contractor. Where work is needed we introduce the trades we use, and the contract for that work sits between the owner and the trade, priced before it starts.

Fleet

Where to start

An owner with several properties should say so early — it usually simplifies things rather than complicating them.

Straight Answers

Where we actually are.

Be sceptical, and check us properly. We operate two properties, we have not run a developer scheme, and a rent is only ever worth what the company behind it is worth. Company No. 16187542, and we will hand over what you need to check it properly. A phased start is usually the sensible structure on anything substantial, and 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

Common questions from Fleet 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 Fleet 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 Fleet 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.

Something sitting complete in Fleet?

Unit count, tenure and when it completed is enough to start. No fee, nothing to sign, and a real answer rather than a hedged one.

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