With no end in sight to thehousing crisis, investors are increasingly looking at ways to monetise Generation Rent with a series of alternative home ownership schemes funded by the private sector. The latest offering is a “gradual homeownership” proposition launched by Wayhome. Unlike traditional shared ownership models Wayhome is backed by pension funds and teams up with buyers to purchase resale properties costing between £200,000 and £500,000. The buyers must have a household income of at least £30,000 and be able to put down a five per cent deposit. For a property worth £500,000 this would mean an initial £25,000. Read more on the Evening Standard website.
Country diary: The challenge of making a thatched roof pine-marten proof |
Tom Allan
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*Glenisla, Angus:* Damage by squirrels is common; the mustelid less so.
Still, as a local told me, ‘you cannae blame them wanting somewhere to live’
That...
1 day ago
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