HOUSES4HOMES on investor recruitment drive
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 Phil Shanks, CEO of Houses 4 Homes
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A NORTH West residential property fund is seeking investors for the next stage of its development, delivering in excess of 25% returns over three years.
Houses 4 Homes, the Congleton-based social and supported housing specialist is offering immediate yields on an index-linked basis, through the commission and lease of new build projects and stock portfolio transfers. Phil Shanks, CEO of Houses 4 Homes explains: “It’s every investor’s dream, a venture that provides a yield from day one; index linked and predictable with a high degree of certainty for years to come. This is the type of investment retirement funds can only dream of, and yet it is one with a strong track record of performance over more than 10 years.” Created by housing experts to meet extraordinary housing need, Houses 4 Homes has emerged as a sustainable, dependable, predictable and profitable investment vehicle. It has shown profit from year 1 and can predict the likely profit generated by the fund at the beginning of every year. “Any buy to let investor will recognise the model,” says Phil. “Houses 4 Homes buys and commissions new build housing and uses a 60% loan to value facility. This housing stock is then let. However, this is the point where the Houses 4 Homes model diverts along its own path. Houses 4 Homes lets its stock to small and medium size registered housing associations on long term leases for a guaranteed rent. Houses 4 Homes has no responsibility for repairs, management or voids which normally erode up to 30% of the buy to let return, while rental income is index linked.” The fact Houses 4 Homes leases its properties only to registered housing associations is of crucial significance. Regulated by the Homes and Communities Agency, these associations must maintain standards on every aspect of their business from the quality of their repair service through to their financial strength and void management. Houses 4 Homes can provide this reassurance to investors that its stock is well maintained and is always subject to expert management. As a mature fund, Houses 4 Homes deals in significant new build developments and housing stock portfolio acquisitions. “On this kind of scale, H4H has buying power and can negotiate better borrowing terms, enabling supply of housing stock to housing associations on sustainable terms,” says Phil. More articles in
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