Home/Developers/East Midlands/Ripley
Developers in Ripley
Ripley stock that is not earning.
Development finance does not pause because a unit in Ripley 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 ways we work with developers.
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
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
A phase let as one thing to one counterparty, with the void risk sitting on our side of the line. How this works →
Ripley
What drives the number
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.
Ripley
How the work gets done
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.
Ripley
Who gets the most from it
It is a poor fit for a property that needs substantial work first. That is a different conversation and usually a different service.
Ripley
The paperwork that has to be right
Certificates are held centrally and renewed before expiry rather than after a reminder from somebody else.
Ripley
Where we draw the line
We do not guarantee returns, and an owner should treat anyone who does with suspicion. Property outcomes depend on things nobody controls.
Ripley
The first step
The first step is an appraisal, and it is free. An owner who decides against it afterwards has lost nothing but an hour.
Coverage
Nearby towns we also cover
Straight Answers
What you should check first.
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. The bigger the scheme, the more structure it needs around it. We would ask for the same in your position.
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
Ripley: the practical questions.
Still not sure? Ask us about your property and we'll answer for your specific situation.
What do you need from us to price a Ripley scheme?
Location, plot numbers, tenure and the service charge position, the completion date, and your expected sales window. Certificates where they exist. The more of that we have, the less hedged the answer.
How long does it take to get an answer?
The review itself is quick. What usually sets the timeline is compliance paperwork - the EPC, the electrical certificate or the gas safety record arriving - rather than anything on our side.
What condition do the Ripley units come back in?
The standard is agreed before we take them, off a schedule of condition with photographs at handover. Fair wear and tear is expected on a property that has been lived in; anything beyond that is ours to put right.
Do you buy unsold stock?
No. We take property on a lease and pay rent - we are not a cash buyer and we do not make offers on completed units. If something needs work rather than being finished, send it to us and we will see whether it fits an investor on our list.
Are you VAT registered?
Maine Property Solutions Ltd is not VAT registered, so our invoices carry no VAT. VAT on property leases depends on tenure and on whether an option to tax is in place, so take your own advice on your recovery position.