Home/Developers/South East/Portslade
Developers in Portslade
Portslade stock that is not earning.
An empty Portslade 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
The three arrangements.
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
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
A phase let as one thing to one counterparty, with the void risk sitting on our side of the line. How this works →
Portslade
The commercial mechanics
Whatever is agreed gets written down before either side commits, including what happens if it stops working. A rent with no agreed exit is not a better deal, it is an argument scheduled for later.
Portslade
How it runs day to day
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.
Portslade
Is this right for you?
It works for owners who are some distance away, because nothing about it requires them to be nearby.
Portslade
Compliance, plainly
Insurance written for standard residential letting usually will not cover the intended use. It is worth checking before rather than discovering after.
Portslade
The limits, stated up front
We do not market a property an owner has asked us to keep private. Confidentiality is not a premium service.
Portslade
The first step
Send the property details and any photographs or an online link. That is usually enough for a first view on whether it is worth going further.
Coverage
Nearby towns we also cover
Straight Answers
Straight about our size.
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
What developers ask us about Portslade.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Portslade 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 Portslade 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 Portslade scheme details?
Yes, without fuss.