How does investing work?
It is a joy for us to hear from people wanting to start the process of investment.
The first stage is to meet with us - we would love to listen to your hopes and aims for investment. This can either be just you or as part of a group. We are experienced in working with groups of investors who have come together themselves, as part of a church and we also can match you with like-minded investors.
Stage two is to buy a house. We will support and advise you at every step. You retain ownership of the house and lease it to Hope into Action for five years. We find, place and support the tenants in the house, do all the maintenance and target a 2% return on your total investment. This model is proving successful with tenants, churches and investors. The need for homes is limitless with the rise in levels of homelessness across the country.
As an investor, you can be as little or as much involved in the purchase and refurbishment of the house as you wish. Generally we look for three bedroom houses, ideal for two tenants. Each tenant has exclusive use of two rooms and shares the kitchen and bathroom. Each house is linked to a local partner church who provide mentoring and friendship to the tenants. Each tenant is assigned an experienced Hope into Action Empowerment worker who supports both the tenant and partner church. Your details are kept confidential from the church and tenants.
We keep you up to date with two written reports each year covering the finances and condition of the property and how the tenants are progressing. And we are always happy to listen to you at any point in the process - just get in touch.