Home/Developers/Wales/Llanelli
Developers in Llanelli
Llanelli stock that is not earning.
We take Llanelli 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
Three ways we work with developers.
Unsold & Slow-Moving Units
Completed stock taken on a company let with a fixed monthly rent, and a break clause so you keep vacant possession for a sale. 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 →
Llanelli
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.
Llanelli
How it runs day to day
If units are needed back for a sale, the break provisions agreed at the start are what govern. Give the notice that was agreed and we plan around it.
Llanelli
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.
Llanelli
Certificates, licensing and insurance
Deposit handling, where it applies, follows the statutory scheme. There is no discretion in it.
Llanelli
Where we draw the line
We are not a building contractor. Where work is needed we introduce the trades we use, and the contract for that work sits between the owner and the trade, priced before it starts.
Llanelli
The first step
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 anything larger than a handful of units, expect a rent deposit, a guarantee or a shorter first term to be part of the conversation.
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 Llanelli.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Llanelli 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 Llanelli 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 Llanelli 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.