* Leasehold
The investment works through a joint venture (jv) with Housing Provider who
have the contract with the housing association.
Each investment is for 1 x property that will house either 4 or six people,
you (the investor/lender) enter in the jv with Housing Provider (the borrower)
and then Housing Provider take a 5 year lease on a property and do a full
refurbishment and furnish the property, gain all HMO licences then offer it
back to the Housing Association.
The Housing Association then take the property on a fully funded 5 year lease
from Housing Provider. They take a drawdown of funds from the government for
the cost of the lease that will run the full term. They don't then pay this
directly out to Housing Provider but pay a month fee over and above the ground
rent of the property that Housing Provider have secured.
The payments last for 60 months i. e. 5 years.
Key features:
Income generating investment
Hands - off investment
Government - backed income
No void period
No bills
No maintenance
No loans – no interest to pay

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