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Developers in Prestwich
Prestwich stock that is not earning.
If Prestwich stock is finished but not selling, it can earn while it waits. One company let, one monthly payment and vacant possession back when you have a buyer.
Three Ways We Work
Where we can help.
Unsold & Slow-Moving Units
Completed stock taken on a company let with a fixed monthly rent and a break clause, so you keep vacant possession for a sale. 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
One agreement and one payer across a whole phase, instead of a stack of individual lettings and holding costs. How this works →
Prestwich
What drives the number
We price the scheme in front of us rather than the postcode. Two developments a mile apart can support very different figures once access, parking, service charge and layout are taken into account.
Prestwich
What to expect once it starts
There is one point of contact rather than a rota. Whoever you agree the terms with is who you speak to when something needs sorting out.
Prestwich
Where this fits, and where it doesn't
It suits someone who values a predictable outcome over an occasional excellent month. If the excellent month is the point, a different model fits better.
Prestwich
Certificates, licensing and insurance
Anything that is the owner's statutory responsibility stays the owner's responsibility, and the agreement says which items those are.
Prestwich
Where we draw the line
We do not advise on finance or tax. Those are jobs for a broker and an accountant, and we will say so rather than improvise.
Prestwich
How to begin
We would rather spend longer on the first conversation and less on fixing a misunderstanding later.
Check Us Properly
A counterparty you can check.
Before the numbers go into your appraisal, check who is paying them. The company, the agreement and the security all get looked at up front. Company No. 16187542: 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
What developers ask us about Prestwich.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Prestwich 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 Prestwich 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 the safety duties disappear. Which obligations sit where is written into the agreement before anyone signs. Both solicitors should look at that clause specifically.
Will you sign an NDA before we send Prestwich scheme details?
Yes, without fuss.