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Developers in Sale
Sale stock that is not earning.
We take Sale stock on a company let and carry the void risk ourselves. You get one counterparty, one payment date and a term agreed in writing.
Three Ways We Work
What we can take on.
Unsold & Slow-Moving Units
Rather than discount the last few plots, let them to us on a fixed rent and keep the asking price where you want it. 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
The whole block on one agreement, priced for the term and agreed in writing before anyone commits. How this works →
Sale
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.
Sale
What actually happens
Whoever occupies the property does so under our agreement, not the developer's. The relationship stays with us and we deal with them.
Sale
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.
Sale
Compliance, plainly
The paperwork is dull and it is the part that protects an owner when something goes wrong. It gets done properly rather than quickly.
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Where we draw the line
We are not a building contractor. Where work is needed we introduce the trades we use, and the contract for that work sits between the owner and the trade, priced before it starts.
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How to begin
We would rather spend longer on the first conversation and less on fixing a misunderstanding later.
Coverage
We also cover these nearby
Straight Answers
The part that does not flatter us.
There is no track record here to lean on. Two properties, no developer schemes, and a company young enough that its filed position is worth reading before you build a cashflow on our rent. 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
Sale developer questions.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Sale 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 Sale 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 Sale 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.
