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Developers in Folkestone
Folkestone stock that is not earning.
An empty Folkestone unit still costs finance, council tax and service charge every month it stands there. We take it on a company let and pay a fixed monthly rent instead.
Three Ways We Work
Three things we do.
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
Site team accommodation arranged and managed, so your people are housed together and the paperwork arrives monthly. How this works →
Whole Block or Phase
A block or completed phase let and run under one agreement, rather than sold plot by plot into a slow market. How this works →
Folkestone
How we price it
Service charge, ground rent and who insures what all change the net position, so they are settled during pricing rather than discovered after handover.
Folkestone
How the work gets done
At the end of the term the property comes back to the standard set out at handover, fair wear and tear excepted. What that standard is was written down before we took it on.
Folkestone
Where this fits, and where it doesn't
An owner who has been let down before usually wants to know what happens when something goes wrong rather than what happens when it goes right. That is the correct question to ask.
Folkestone
The compliance side
Where a council requires planning consent for a particular use, that is a question for the council and not for us to answer on their behalf. We will point an owner at the right place.
Folkestone
What we won't do
We do not market a property an owner has asked us to keep private. Confidentiality is not a premium service.
Folkestone
Where to start
Questions are welcome before commitment, including the awkward ones about what happens when something goes wrong.
Coverage
We also cover these nearby
Straight Answers
What you should check first.
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. For a block or a phase, assume we will be asked for security of some kind, and assume we will agree that it is reasonable.
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
Folkestone developer questions.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Folkestone 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 Folkestone units for sale?
Yes, and most developers do. A break clause lets you recover vacant possession on an agreed notice period once you have a buyer, and viewings are arranged with reasonable notice.
Is this an AST?
No. It is a company let: Maine Property Solutions Ltd becomes the tenant and carries the rent obligation. Your solicitor should read the agreement before you sign it, and we would expect them to.
How many Folkestone units would you take?
A single unit is straightforward. A whole block is a bigger step and will get a more cautious answer, because we are a small company - we would rather say that on the first call than three weeks into your programme.
Who are you?
Maine Property Solutions Ltd, Companies House number 16187542, registered office Office 1, Izabella House, 24-26 Regent Place, Birmingham B1 3NJ.