Home/Developers/South West/Portishead
Developers in Portishead
Portishead stock that is not earning.
An empty Portishead unit still costs finance, council tax and service charge every month it stands there. We take it on a company let and pay a fixed monthly rent instead.
Three Ways We Work
What we can take on.
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
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
One agreement and one payer across a whole phase, instead of a stack of individual lettings and holding costs. How this works →
Portishead
The commercial mechanics
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.
Portishead
What to expect once it starts
Heads of terms come before lawyers. Rent, term, break provisions, condition standards and who holds which obligation are agreed in plain language first, so the drafting is a formality rather than a negotiation.
Portishead
Is this right for you?
This suits an owner who wants the property to work without becoming a second job. It does not suit someone who wants to approve every booking — that is a different relationship and it does not run well.
Portishead
Certificates, licensing and insurance
Insurance written for standard residential letting usually will not cover the intended use. It is worth checking before rather than discovering after.
Portishead
The limits, stated up front
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.
Portishead
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
Nearby towns we also cover
Straight Answers
Where we actually are.
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. The bigger the scheme, the more structure it needs around it. We would ask for the same in your position.
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
Common questions from Portishead housebuilders.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Portishead 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 Portishead 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 Portishead scheme details?
Yes, without fuss.