Property News · May 23, 2015

You can Reap the rewards of social housing


Want to earn good returns and help provide affordable homes? The Real Estate Annuity Plan is a community rental enterprise that offers 7% paymentsIt is the “ethical” alternative to buy-to-let that is targeting older people looking to cash in their pension funds, and boasts a tempting 7%-a-year return.The Real Estate Annuity Plan (Reap) allows people to lend money to a social enterprise that specialises in converting derelict properties into affordable rented homes for those in need, such as families on council waiting lists. It is being offered by a Merseyside-based mutual organisation called Equfund, and is aimed at those looking for a better return than they would get from a traditional annuity. Continue reading…

Source : theguardian.com
Read more…You can Reap the rewards of social housing

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