A finished unit is better occupied than empty.
An empty new-build still runs up council tax and service charges. Taken on a company let agreement it earns a fixed monthly sum until a buyer is found.
How it works
How unsold units earn
A fixed monthly sum
Maine Property Solutions Ltd takes the unit as the lessee and pays the same market value rent each month.
Occupied by working guests
Crews and project staff on short and mid-length stays.
Back when it sells
A break clause returns the unit empty for completion.
Worth knowing
What is agreed first
Settled before the first guest arrives.
- The notice period for a sale
- Viewings with reasonable notice
- A schedule of condition at handover
- The standard the unit is returned in
Getting started
Putting a unit to work
Send the units
Location, plot numbers and completion dates.
Agree the terms
The monthly sum, the term and the break clause.
Hand over
The unit is furnished and ready for its first guests.
For every kind of owner
Find the page written for you
Tell us about it
Tell us about the property.
Where it is, what it is like and what you would like to happen. Pick a time and we call you back about next steps.
- No fee to talk and nothing to sign
- Your details stay with us
- A call at the time you choose
Your questions
Questions owners ask
Can viewings still happen?
Yes, with reasonable notice to the guests staying there.
Who furnishes the unit?
Furnishing is agreed as part of the terms before handover.
What condition does it come back in?
The standard agreed in the schedule of condition, allowing for fair wear and tear.
How many units can come on?
One unit or several. Larger numbers usually come on in stages.
Units finished but not selling?
Send Maine Property Solutions the plot numbers and completion dates.