Home/Developers/North West/Morecambe
Developers in Morecambe
Morecambe stock that is not earning.
We take Morecambe 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
Rather than discount the last few plots, let them to us on a fixed rent and keep the asking price where you want it. 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
One agreement and one payer across a whole phase, instead of a stack of individual lettings and holding costs. How this works →
Morecambe
How the numbers are worked out
The rent we can commit to comes from what the units would realistically let for across the whole term, less what it costs to run them and the value of carrying the void risk. It is arithmetic on a specific scheme, not a percentage applied to an asking price.
Morecambe
What actually happens
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.
Morecambe
Is this right for you?
It works best where the owner wants a clear line between ownership and operation. Where somebody wants to stay closely involved day to day, the arrangement tends to create friction rather than remove it.
Morecambe
Certificates, licensing and insurance
Deposit handling, where it applies, follows the statutory scheme. There is no discretion in it.
Morecambe
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.
Morecambe
The first step
The first step is an appraisal, and it is free. An owner who decides against it afterwards has lost nothing but an hour.
Coverage
We also cover these nearby
Straight Answers
What you should check first.
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
Straight answers for Morecambe developers.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Morecambe 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 Morecambe 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 Morecambe scheme details?
Yes, without fuss.