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Developers in Preston
Preston stock that is not earning.
We take Preston 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
Where we can help.
Unsold & Slow-Moving Units
Finished units producing income while they sit on the market, with vacant possession returned on agreed notice. 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 block or completed phase let and run under one agreement, rather than sold plot by plot into a slow market. How this works →
Preston
How the numbers are worked out
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.
Preston
The process, step by step
Handover runs off a schedule of condition with photographs, agreed by both sides on the day. It is the document that settles every argument about wear and tear before there is one.
Preston
Is this right for you?
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.
Preston
The compliance side
Insurance written for standard residential letting usually will not cover the intended use. It is worth checking before rather than discovering after.
Preston
What we won't do
We do not take on property we do not think will work. Turning something down costs us a fee and saves an owner a year of disappointment.
Preston
Where to start
Getting in touch costs nothing and commits to nothing. That is not a sales line; it is how the process is set up.
Coverage
Close to Preston
Straight Answers
What you should check first.
We are small. Two properties operated, no developer schemes completed, and an honest expectation that you will verify all of that rather than take it on trust. Company No. 16187542, and we will hand over what you need to check it properly. Where the numbers get serious, so does the security around them. That conversation happens early rather than late.
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
Preston: the practical questions.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Preston 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 Preston 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 Preston scheme details?
Yes, without fuss.