Home/Developers/South West/Newton Abbot
Developers in Newton Abbot
Newton Abbot stock that is not earning.
We take Newton Abbot 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 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
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 →
Newton Abbot
What drives the number
Service charge, ground rent and who insures what all change the net position, so they are settled during pricing rather than discovered after handover.
Newton Abbot
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.
Newton Abbot
Who this suits — and who 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.
Newton Abbot
The compliance side
Where a council requires planning consent for a particular use, that is a question for the council and not for us to answer on their behalf. We will point an owner at the right place.
Newton Abbot
Where we draw the line
We do not lock owners into terms they have not read. If somebody wants a week to have the agreement looked over, they should take it.
Newton Abbot
How to begin
There is no obligation at any stage before signature, and that is said plainly rather than buried.
Straight Answers
Where we actually are.
There is no track record here to lean on. Two properties, no developer schemes, and a company young enough that its filed position is worth reading before you build a cashflow on our 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
Newton Abbot: the practical questions.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Newton Abbot 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 Newton Abbot 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 Newton Abbot scheme details?
Yes, without fuss.