We have a long-term perspective and look for social impact property investments which are financially sound and deliver good value for money.
We carefully assess each potential purchase and are very selective that any housing project must provide a strong, reliable cash income stream for many years to come, but does not carry with it excessive levels of risk. The properties must:
We believe everyone is entitled to a decent place to call home.
Reap allows us to keep our rents affordable, we don't charge our tenants any fees, and we don't always require a deposit. We happily accept tenants who are in receipt of housing benefits and work with current tenants who have been affected by the introduction of Universal Credit.
We always aim to act in a fair, honest and reasonable way in all our dealings with our tenants, and every year we conduct a tenant satisfaction survey. The findings of our most recent tenant satisfaction questionnaire (December 2018) were: