Due to changes in taxation, increased landlord regulation and risk-adverse mortgage lenders, buy-to-let is no longer the simple investment it once was. However, people still need housing and in the UK we’re in the midst of a housing shortage.
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 connected to 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 help protect your money from fluctuations in property values.
Reap is an excellent choice for lenders wanting to receive a 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 crisis.