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Developers in Redcar
Redcar stock that is not earning.
For developers holding completed Redcar units: a fixed monthly rent under one agreement, paid whether or not anyone is staying in the property.
Three Ways We Work
What we can take on.
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
Site team accommodation arranged and managed, so your people are housed together and the paperwork arrives monthly. How this works →
Whole Block or Phase
Whole-block lettings under a single company let, with a phased start if that suits both sides better. How this works →
Redcar
The commercial mechanics
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.
Redcar
How it runs day to day
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.
Redcar
Who gets the most from it
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.
Redcar
The paperwork that has to be right
Fire safety equipment is specified by use, not by preference. Getting it wrong is the kind of mistake that only surfaces at the worst moment.
Redcar
The limits, stated up front
We do not use a landlord's property to test something we have not done before.
Redcar
Where to start
We would rather spend longer on the first conversation and less on fixing a misunderstanding later.
Coverage
Other places we work near Redcar
Check Us Properly
The checks worth running first.
Give us the same scrutiny you would give any new counterparty: the company's filed position, the agreement itself and how the rent is secured. Company No. 16187542: we will hand over what you need to check it properly. On larger schemes 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
Redcar developer questions.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Redcar 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 Redcar units for sale?
Yes. Most developers do. A break clause lets you recover vacant possession on an agreed notice period once you have a buyer. Viewings are arranged with reasonable notice.
Is this an AST?
No. It is a company let agreement: Maine Property Solutions Ltd becomes the lessee and carries the rent obligation. Your solicitor should read the agreement before you sign it.
How many Redcar units would you take?
A single unit is straightforward. A whole block usually starts in stages: a first group of units on one company let agreement, with the rest following on agreed terms.
Who are you?
Maine Property Solutions Ltd, Companies House number 16187542, registered office Office 1, Izabella House, 24-26 Regent Place, Birmingham B1 3NJ.