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Developers in Leeds
Leeds stock that is not earning.
An empty Leeds 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
We become the tenant 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
Beds for the people building it: your team together, near site, on one account that invoices once a month. How this works →
Whole Block or Phase
A completed phase taken as a unit, with break provisions so you can pull units back if the sales market turns. How this works →
Leeds
What drives the number
Unit mix matters more than unit count. Studios and three-beds behave differently, and one figure spread evenly across a mixed phase is usually wrong for half of it.
Leeds
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.
Leeds
Who gets the most from it
First-time landlords are welcome, and they get told more than they ask for rather than less.
Leeds
Compliance, plainly
Licensing and planning requirements vary by council and they change. We check the current position for the relevant authority rather than assume a rule that was true somewhere else.
Leeds
Where we draw the line
We do not chase volume for its own sake. A property taken on badly costs more than it earns.
Leeds
Where to start
If the answer is that we are not the right fit, that gets said in the first conversation rather than the fourth.
Straight Answers
Before you plan around us.
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. On larger schemes a deposit, a guarantee or a staged take-up is the normal answer, not a sign of reluctance.
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
Before you send us a Leeds scheme.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Leeds 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 Leeds 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 an owner's safety duties disappear and we will not pretend otherwise. Which obligations sit where is written into the agreement before anyone signs, and both solicitors should look at that clause specifically.
Will you sign an NDA before we send Leeds scheme details?
Yes, without fuss.