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Developers in Wokingham
Wokingham stock that is not earning.
For developers holding completed Wokingham units: a fixed monthly rent under one agreement, paid whether or not anyone is staying in the property.
Three Ways We Work
Three ways we work with developers.
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
Somewhere sensible for a travelling crew to stay, with kitchen and laundry, run by us and billed to the company. How this works →
Whole Block or Phase
A completed phase taken as a unit, with break provisions so you can pull units back if the sales market turns. How this works →
Wokingham
The commercial mechanics
Whatever is agreed gets written down before either side commits, including what happens if it stops working. A rent with no agreed exit is not a better deal, it is an argument scheduled for later.
Wokingham
What to expect once it starts
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.
Wokingham
Is this right for you?
Portfolio owners tend to find it simplest, because consolidated reporting removes the per-property admin that makes a portfolio tiring.
Wokingham
Certificates, licensing and insurance
Where a council requires planning consent for a particular use, that is a question for the council and not for us to answer on their behalf. We will point an owner at the right place.
Wokingham
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.
Wokingham
How to begin
An owner with several properties should say so early — it usually simplifies things rather than complicating them.
Coverage
We also cover these nearby
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. 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
What developers want to know about Wokingham.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Wokingham 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 Wokingham 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 Wokingham 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.