Home/Developers/Yorkshire/Pudsey
Developers in Pudsey
Pudsey stock that is not earning.
Development finance does not pause because a unit in Pudsey has not sold. We take completed stock on a company let — one agreement, one payer, a fixed sum every month whether the property is occupied or not.
Three Ways We Work
Three things we do.
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
Managed accommodation near site for your own staff and contractors, on one company account with a single monthly 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 →
Pudsey
The commercial mechanics
Service charge, ground rent and who insures what all change the net position, so they are settled during pricing rather than discovered after handover.
Pudsey
What actually happens
You send the scheme, we review it and come back with whether we can take it and on what terms. There is no fee for that and nothing to sign to get an answer.
Pudsey
Is this right for you?
It works for owners who are some distance away, because nothing about it requires them to be nearby.
Pudsey
The compliance side
Anything that is the owner's statutory responsibility stays the owner's responsibility, and the agreement says which items those are.
Pudsey
Things we don't do
We do not use a landlord's property to test something we have not done before.
Pudsey
The first step
We would rather spend longer on the first conversation and less on fixing a misunderstanding later.
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
Straight answers for Pudsey developers.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Pudsey unit sits empty?
Yes. The rent is a fixed monthly sum under the agreement, payable whether or not anyone is staying in the property. The void risk moves to us, which is why the figure sits below the best a unit might achieve in a strong month.
Can we keep marketing the Pudsey units for sale?
Yes, and most developers do. A break clause lets you recover vacant possession on an agreed notice period once you have a buyer, and viewings are arranged with reasonable notice.
Is this an AST?
No. It is a company let: Maine Property Solutions Ltd becomes the tenant and carries the rent obligation. Your solicitor should read the agreement before you sign it, and we would expect them to.
How many Pudsey units would you take?
A single unit is straightforward. A whole block is a bigger step and will get a more cautious answer, because we are a small company - we would rather say that on the first call than three weeks into your programme.
Who are you?
Maine Property Solutions Ltd, Companies House number 16187542, registered office Office 1, Izabella House, 24-26 Regent Place, Birmingham B1 3NJ.