There are no hidden fees, just a fixed 3% interest rate to supplement your income.
Reap offers a sustainable long-term solution that will ease council waiting lists and help alleviate the housing crisis in our country. It is a more convenient alternative to buy-to-let. It is a financing arrangement which is secured against property and your legal interest is registered at HM Land Registry. There are no fees, annual charges or legal costs and your income is fixed for first five years at 3% p.a. beyond which you can access your original capital on 90 days notice.
Convenient and ethical choice
Search for property
Negotiate with vendor
Obtain a mortgage
Conveyancing solicitor fees
Energy performance certificate
Letting agent fees
Lodge tenant deposit
Why Reap is different
Reap is simple, hassle-free and completely transparent
Your regular fixed income is generated from rents received
The are no middlemen, you are lending directly to the borrower
Your Reap can be placed in trust and left to your beneficiaries
You will be helping to solve the housing crisis in the UK