Home/Developers/West Midlands/Lichfield
Developers in Lichfield
Lichfield stock that is not earning.
For developers holding completed Lichfield units: a fixed monthly rent under one agreement, paid whether or not anyone is staying in the property.
Three Ways We Work
The three arrangements.
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
Site team accommodation arranged and managed, so your people are housed together and the paperwork arrives monthly. 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 →
Lichfield
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.
Lichfield
How the work gets done
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.
Lichfield
Who gets the most from it
The owners who get most from it are the ones who tell us their constraints early: dates they need, works they will not fund, tenants they will not take. Constraints are easy to design around and awkward to discover.
Lichfield
Compliance, plainly
Compliance is not optional and it is not quick to retro-fit. Gas safety, electrical condition, fire equipment and the right insurance all need to be in place before anything goes live, and a missing certificate is the most common cause of a delayed start.
Lichfield
Things we don't do
We do not guarantee returns, and an owner should treat anyone who does with suspicion. Property outcomes depend on things nobody controls.
Lichfield
Getting started
There is no obligation at any stage before signature, and that is said plainly rather than buried.
Straight Answers
Before you plan around 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. 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
What developers want to know about Lichfield.
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 Lichfield 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 Lichfield 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.