The model is simple:
1. Our members have access to specially discounted homes.
2. By paying the monthly community membership fee of £14, members enter a draw to own one of these homes.
3. Members can purchase additional entries for £0.50 per entry or use the postal entry route.
4. Once you win, you pay off the balance of the discounted home price, with no interest charges. Saving you tens of thousands in mortgage costs.
5. We keep going until all 15,000 members own their own home.
If that sounds amazing… it is. It’s also just how the original Building Societies worked. Real people clubed together over set periods of time so they could own their own home. All with no profit involved.
How does it work?Register now to secure a membership for you, your children or your loved ones. No subscription required for registration.
You can be part of the change.
Members must be 18 or over. Members can legally nominate the home to be for another person. Members must be or want to be resident in one of the discounted home zones.
We are a not-for-profit Community Interest Company. All funds contributed by members for the purchase of discounted homes remain repayable to them until such time as they are used to purchase their own discounted home when it is awarded to them (see How does it work?).
We are a Community Interest Company that works for our members to achieve their home ownership goals. We have no shareholders and no profit motive.
Our members are of all ages with one common purpose, to own a home for themselves or their loved ones and to do so as part of a community that helps each other on this journey.
We have taken all the excess costs that house builders and banks charge out of homeownership. So you get a home, without anyone else profiting from it.