Home/Developers/North East/Houghton-Le-Spring
Developers in Houghton-Le-Spring
Houghton-Le-Spring stock that is not earning.
Development finance does not pause because a unit in Houghton-Le-Spring 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 things we do.
Unsold & Slow-Moving Units
Slow-moving completed units taken on a company let, priced for the term rather than for the first month. 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
The whole block on one agreement, priced for the term and agreed in writing before anyone commits. How this works →
Houghton-Le-Spring
How we price it
A figure quoted before anyone has looked at the scheme is a guess. We would rather take a day and give you a number we can hold for the full term than win the conversation with something we quietly revise in month seven.
Houghton-Le-Spring
What to expect once it starts
Handover runs off a schedule of condition with photographs, agreed by both sides on the day. It is the document that settles every argument about wear and tear before there is one.
Houghton-Le-Spring
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.
Houghton-Le-Spring
The paperwork that has to be right
Deposit handling, where it applies, follows the statutory scheme. There is no discretion in it.
Houghton-Le-Spring
Things we don't do
We do not market a property an owner has asked us to keep private. Confidentiality is not a premium service.
Houghton-Le-Spring
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.
Coverage
Other places we work near Houghton-Le-Spring
Straight Answers
The part that does not flatter us.
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. The bigger the scheme, the more structure it needs around it. We would ask for the same in your position.
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
Houghton-Le-Spring schemes, explained.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Houghton-Le-Spring 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 Houghton-Le-Spring 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 Houghton-Le-Spring 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.