Due to changes in taxation, increased landlord regulation, and risk-adverse mortgage lenders, buy-to-let is no longer the sound investment it once was. However, people still need housing and in the UK we’re in the midst of a crisis.
Reap offers a more convenient and ethical alternative to buy-to-let. When you invest in Reap, you receive a stable 3% return and get none of buy-to-let’s headaches and uncertainties. Best of all, your money is used to provide affordable, decent, and safe housing for people who are at risk of homelessness. We offer a fair 3% return so we can charge a fair rent, as the amount our tenants pay in rent is directly affected by the amount of interest we pay our investors.
We don’t rely on property price growth to generate an income for our investors and we only borrow up to 85% of the property value to protect your money.
Reap is an excellent choice for investors wanting to receive a consistent passive income with a fair rate of return, to have their money secured against property, and who want to invest ethically to help provide an answer to the UK housing shortage.