Our vision
Our research has told us that the average property price in the London is £478,853. You would therefore now need £119,713.25 as a deposit to acquire a property (not to mention the other costs involved such as stamp duty and legal costs). This equates to a 25% deposit, based on an average 75% LTV mortgage. In July 2018, the average savings per person was £5,582.
It is because of this 'savings/purchasing power' ratio that young professionals have now entered into ‘generation rent’ and are getting further away from ever being able to save a deposit to buy a house.
This lack of affordability means that young professionals are only left with the option to rent. However, they want to share efficient, modern, intelligent space with other like minded tenants. Accordingly, the end product in the UK residential real estate market is changing and we want to be a part of that change.
We want to be at the forefront of developing and providing this new, build-to-rent, product to meet the needs of this emerging, 'co-living' market.
Focusing on kinship, co-operation and community with tenants integrating as part of a community, sharing beautifully designed space.
We provide to our tenants everything they need to be able to live a city life to the full, included in the rent: broadband internet, all utilities and room cleaning - so that they can focus on the important things - like living!