You can buy a property in London as an investment and gain from appreciation of the value of property. We will source the property, oversee the legal transactions (conveyancing), arrange home loan and find a suitable tenant for your property, should you wish to rent the property.
Guaranteed Rent Scheme: The property can be rented to Housing Associations which provide affordable housing and services to meet local needs. There are over 2,000 housing associations in England, with around 1.5 million homes. They work closely with local authorities and others to house people in need, build new homes for rent and for affordable home ownership. They contribute to community regeneration, as well as providing a range of services that make a positive difference to the communities where they work.
-
Housing associations, sometimes called registered social landlords, are run as business but they do not trade for profit. Any surplus is reinvested back into the organisation to maintain existing homes and to help finance new ones.
-
Housing associations are managed by a board of management made up of volunteers. These boards have overall responsibility for the work of the organisation. Board members may include residents, representatives from local authorities and community groups, business people and politicians. There are more than 30,000 voluntary board members running housing associations throughout England.
All registered housing associations, including Moat, are regulated by The Housing Corporation, a government body which also invests in new housing projects that provide social affordable housing. The tenancy agreements are for 3 to 5 years and offer complete peace of mind as the rental income is guaranteed and the property maintenance is carried out by the Housing Association.
A £250,000 property will cost approximately £92,500 to purchase with 70% of the property value raised as a long-term home loan. |