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Developers in Wigston Magna
Wigston Magna stock that is not earning.
We take Wigston Magna 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 would take from a developer.
Unsold & Slow-Moving Units
A finished unit that has not sold earns a fixed monthly sum instead of a council tax bill, and comes back to you when a buyer appears. How this works →
Site Team Accommodation
Whole properties near site for the crew, cleaned and serviced, instead of a scatter of travel hotels and loose receipts. 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 →
Wigston Magna
How the numbers are worked out
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.
Wigston Magna
The process, step by step
Both sides use solicitors. We are asking a developer to grant a lease to a company, and nobody should sign that on a handshake.
Wigston Magna
Who gets the most from it
It works for owners who are some distance away, because nothing about it requires them to be nearby.
Wigston Magna
The compliance side
Insurance written for standard residential letting usually will not cover the intended use. It is worth checking before rather than discovering after.
Wigston Magna
Things we don't do
We do not guarantee returns, and an owner should treat anyone who does with suspicion. Property outcomes depend on things nobody controls.
Wigston Magna
Getting started
Send the property details and any photographs or an online link. That is usually enough for a first view on whether it is worth going further.
Coverage
Other places we work near Wigston Magna
Straight Answers
What you should check first.
Our size is the first thing you should test. Two properties, no scheme history, and a covenant you are entitled to examine before any of this becomes a plan. Company No. 16187542, and we will hand over what you need to check it properly. Where the numbers get serious, so does the security around them. That conversation happens early rather than late.
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
Wigston Magna schemes, explained.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Wigston Magna 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 Wigston Magna 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 Wigston Magna scheme details?
Yes, without fuss.