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#Crowdfunding a #4thWay to deliver a more ethical and genuinely affordable way to deliver rented homes in the UK. With Your Help...
Home Ownership is fast becoming a distant dream for many under 35’s. Average private rents in the UK are already the highest in Europe, and instead of saving deposits for a mortgage, a whole generation now have to fund estate agents fees and deposits - as much as £5k up front payments to ‘secure’ a 6 to 12 month tenancy, and then they might not get their deposit back. While the government plan to fund more starter homes to buy, even with a 20% discount prices will remain out of reach for many - with salary to price ratios of 1:10 in many parts of the country.
Where will your children, grandchildren and our future generations of workers powering the economy live?
Our vision is simple. To Crowdfund a new enterprise which will build, purchase and manage a stock of homes across the UK - modelled on successful and thriving rental sectors in Europe, and offering what tenants want from a landlord - safe, secure, genuinely affordable and well maintained homes. Including 35% of rents starting at 35% of average local incomes, no upfront fees, and 7-year renewable tenancies.
Aiming to deliver 6,000 additional homes by 2020 for those who are locked out of home ownership; stuck in expensive, insecure and poor quality private renting; or don't qualify for social housing offered by councils or housing associations.
Offering somewhere safe, secure, and affordable to call home. Somewhere to put down roots. For the long or short term. With an added bonus of a share in a % of annual profits for tenants.
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How much of the donation does GoRaise take?
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Can any cause use GoRaise to fundraise?
Yes – any good cause (an organisation with unselfish goals) can use GoRaise to generate funds, from small community groups to national charities. Your favourite cause may already be registered. If it isn’t, it can be added for free. GoRaise helps charities, sports clubs, PTAs, community groups, churches, youth groups (Girl Guides, Scouts etc) and lots of other great causes.
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