Home/Developers/North West/Workington
Developers in Workington
Workington stock that is not earning.
If Workington 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
Where we can help.
Unsold & Slow-Moving Units
We become the tenant on completed stock and pay monthly while you carry on marketing it, with an agreed notice period to get it back. 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
The whole block on one agreement, priced for the term and agreed in writing before anyone commits. How this works →
Workington
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.
Workington
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.
Workington
Who gets the most from it
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.
Workington
Compliance, plainly
Deposit handling, where it applies, follows the statutory scheme. There is no discretion in it.
Workington
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.
Workington
Getting started
If the answer is that we are not the right fit, that gets said in the first conversation rather than the fourth.
Coverage
Nearby towns we also cover
Straight Answers
The part that does not flatter us.
Maine Property Solutions Ltd is a young company. We operate two properties of our own and we have not yet run a developer scheme, so what we are offering is a contract rather than a track record. Run your covenant check before you rely on the 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
Workington schemes, explained.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Workington 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 Workington 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 Workington 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.