About Provesta
Provesta is a North West-based property development and investment partner, specialising in long-term social housing leases for UK landlords and investors.
We work with private property owners to source, refurbish, and lease quality residential properties to housing associations and registered providers – securing dependable, long-term income at strong weekly rates, with the day-to-day burden of letting and management taken away.
Why Choose Provesta?
We’re a specialist, not a generalist. While many property firms try to be everything to every investor, Provesta focuses on one thing and does it well: securing 5–10 year social housing leases on properties refurbished to approved standards.
That focus matters. It means we know which properties work, which housing associations to approach, and how to deliver a conversion on time and on budget. For our clients, it translates into guaranteed rent, no voids, full management included, and weekly rates that consistently beat the open market.
Who We Are
Provesta was founded in 2025 by Steven Andrews, following two decades as a senior executive in regulated financial services and private equity, and five years building a personal property development portfolio.
Steven saw two things clearly. The first was the scale of unmet demand for quality social housing across the North West – and the long-term, secure leases that housing associations are willing to sign for the right properties. The second was that most landlords and investors lack the time, the contractor relationships, or the housing association contacts to access this market on their own.
Provesta was built to bridge that gap. We bring institutional-grade discipline – due diligence, project management, financial reporting – to a part of the property market that has historically been served by less rigorous operators. Whether you’re placing your first investment property or expanding an existing portfolio, you get the same structured, transparent process and the same focus on long-term, predictable returns.
Our Core Values
These aren’t marketing words. They’re the four things we test every decision against.
Integrity
Every projection we share with a client is one we’d stand behind in writing. Every cost we quote is one we expect to hit. If a property doesn’t stack up, we’ll tell you – even if it costs us the deal.
Client-Focused
You speak directly to the person responsible for your investment. Not a call centre, not an account manager, not a junior. One point of contact, full visibility, and updates that match what you actually want to know.
Innovation
We continually refine how we source, convert, and lease properties – from floor plan reconfiguration to housing association placement – to deliver more rent per pound of investment than a standard buy-to-let approach.
Excellence
Properties are delivered to approved HMO and social housing standards, not the minimum legal threshold. We build to a level we’d be willing to live in ourselves – because that’s what wins long-term leases.
What We Deliver
Provesta is a young business, but the model is proven. Our completed projects to date have typically secured 5-year leases with regional housing associations – converting standard 3-bed terraces into 4-bed, 2-bathroom HMOs to approved standards.
Indicative ranges for a typical Provesta project (figures vary by location, condition, and lease terms agreed):
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Purchase price: typically £110,000–£140,000 (auction or off-market)
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Conversion budget: typically £50,000–£70,000 to approved HMO standard
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Conversion timeline: typically 3–4 months from purchase to handover
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Lease term: 5 years, often with extension options
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Weekly rent: from £130 per room, depending on location and lease
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Voids and arrears: rent paid by the housing association for the lease term
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Management and maintenance: included in the lease
Every project is different, so actual figures will vary. We can share full case studies for completed projects on request, including before and after photographs, full cost breakdowns, and signed lease summaries
Meet Our Founder
Steven Andrews – Managing Director
Steven founded Provesta in 2025 after two distinct chapters: 20 years as a senior executive in regulated financial services and private equity, followed by five years actively developing his own property portfolio. That financial services background – spent inside businesses where every decision had to stand up to compliance, audit, and investor scrutiny – shapes how Provesta operates today. Numbers are conservative. Documentation is thorough. Risk is named, not hidden. What pulled Steven into property full-time was a recognition that few operators were applying that same discipline to the social housing lease market – a sector with strong, long-term demand from registered providers and councils, but one that often felt opaque or amateurish to investors looking in. Provesta exists to bring institutional rigour to an opportunity that genuinely deserves it. Outside of Provesta, Steven is based in Manchester with his partner. Originally from Southport, he is a former England Over-40s Masters field hockey international, representing England at two European Championships and as part of the squad that won the Over-40s Masters World Cup in 2022. He played at the top level of the English Premier Hockey League for many years. That competitive sporting background isn’t incidental – it’s the reason the same level of preparation, structure, and accountability that wins international tournaments is built into how Provesta runs every project.
Property is one of the largest decisions an investor will ever make. They deserve the same standard of advice and process they’d expect from a regulated financial firm – because that’s what I built my career on, and that’s what we deliver.
Steven Andrews, Managing Director
