Specialistsupportedhousing.org.uk has launched to provide housing for the vulnerable in need of housing support.
The venture comes from Dr Lee Jones, chief executive of The Investment Room and Benjamin Hunter, chief executive of LH1 Global, while it works alongside Nurture Housing Association.
Properties are designed to deliver support to vulnerable adults, which encompasses the UK’s homeless, neurodiverse, victims of domestic violence, single mothers, families and young people leaving care, by providing assistance when transitioning into their next stage of independence.
Dr. Lee Jones, co-founder of Specialist Supported Housing.Org.UK, said: “Through the establishment of Specialist Supported Housing.Org.UK we bring decades of experience in property and development to meet this growing need.
“Offering a moral alternative to traditional property investment this is not merely a financial endeavour; it signifies a meaningful contribution to society by supplying a crucial service for the vulnerable UK population. This is an exceptionally gratifying prospect for ethically minded investors striving to make a difference.”
When the investor completes on their property purchase a new 25-year FRI contract commences with the Community Benefit Society (CBS). As the contract is FRI there are no overheads or deductions from the rent, the service charges, ground rent and buildings insurance are all paid for by the Housing Association.
The contract has no break clause, and an upward only annual rent review linked to CPI, offering high yielding returns to the investor whilst supporting vulnerable people throughout the UK in desperate need of a home. This completely hands-off investment provides a huge opportunity to domestic and international buyers alike.
Benjamin Hunter, co-founder of Specialist Supported Housing.Org.UK, commented: “At the heart of our ethos is the provision of safe, comfortable homes for vulnerable adults. Strategically located in sought-after areas across the UK the properties will offer robust returns in the form of index linked long term rental income, whilst allowing investors to make a positive social impact.”
