Home/Developers/West Midlands/Redditch
Developers in Redditch
Redditch stock that is not earning.
If Redditch 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
What we would take from a developer.
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
Beds for the people building it: your team together, near site, on one account that invoices once a month. 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 →
Redditch
How the figure is reached
A figure quoted before anyone has looked at the scheme is a guess. We would rather take a day and give you a number we can hold for the full term than win the conversation with something we quietly revise in month seven.
Redditch
What actually happens
Both sides use solicitors. We are asking a developer to grant a lease to a company, and nobody should sign that on a handshake.
Redditch
Where this fits, and where it doesn't
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.
Redditch
Compliance, plainly
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.
Redditch
Things we don't do
We do not present an estimate as a measurement. Where a figure is an estimate, it is labelled as one.
Redditch
How to begin
An owner with several properties should say so early — it usually simplifies things rather than complicating them.
Coverage
Close to Redditch
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. A phased start is usually the sensible structure on anything substantial, and we will suggest it before you have to.
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
Common questions from Redditch housebuilders.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Redditch 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 Redditch 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 Redditch scheme details?
Yes, without fuss.