Home/Developers/East of England/Hitchin
Developers in Hitchin
Hitchin stock that is not earning.
We take Hitchin stock on a company let and carry the void risk ourselves. You get one counterparty, one payment date and a term agreed in writing.
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
Whole properties near site for the crew, cleaned and serviced, instead of a scatter of travel hotels and loose receipts. 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 →
Hitchin
How the numbers are worked out
We price the scheme in front of us rather than the postcode. Two developments a mile apart can support very different figures once access, parking, service charge and layout are taken into account.
Hitchin
How the work gets done
Heads of terms come before lawyers. Rent, term, break provisions, condition standards and who holds which obligation are agreed in plain language first, so the drafting is a formality rather than a negotiation.
Hitchin
Who gets the most from it
It works for owners who are some distance away, because nothing about it requires them to be nearby.
Hitchin
The paperwork that has to be right
Anything that is the owner's statutory responsibility stays the owner's responsibility, and the agreement says which items those are.
Hitchin
Things we don't do
We do not quote a figure before somebody has looked at the property. A number produced from a postcode is a marketing device, not an appraisal.
Hitchin
Getting started
Send the property details and any photographs or an online link. That is usually enough for a first view on whether it is worth going further.
Coverage
Nearby towns we also cover
Straight Answers
Read this before you rely on it.
Maine Property Solutions Ltd is a young company. We operate two properties of our own and we have not yet run a developer scheme, so what we are offering is a contract rather than a track record. Run your covenant check before you rely on the rent. 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
What developers ask us about Hitchin.
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 Hitchin 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 Hitchin 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.