Home/Developers/North East
Developers in the North East
North East stock that is not earning.
For developers and housebuilders across the North East — completed units on a company let, beds for the site team, or a whole phase under one agreement. A fixed monthly sum, occupied or not.
Three Ways We Work
Three things we do.
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
Accommodation for site staff and contractors, taken care of end to end and settled on one company invoice. How this works →
Whole Block or Phase
The whole block on one agreement, priced for the term and agreed in writing before anyone commits. How this works →
North East
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.
North East
What to expect once it starts
At the end of the term the property comes back to the standard set out at handover, fair wear and tear excepted. What that standard is was written down before we took it on.
North East
Who this suits — and who it doesn't
First-time landlords are welcome, and they get told more than they ask for rather than less.
North East
The paperwork that has to be right
Anything that is the owner's statutory responsibility stays the owner's responsibility, and the agreement says which items those are.
North East
Where we draw the line
We do not market a property an owner has asked us to keep private. Confidentiality is not a premium service.
North East
The first step
An initial conversation is worth more than a form. Most of what matters — constraints, timing, what the owner actually wants — does not fit in a field.
Coverage
Towns we cover across the North East.
Straight Answers
Read this before you rely on it.
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. 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
North East schemes, explained.
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 North East 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 North East 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.