Call out for loan stock

We are currently viewing large properties in Manchester with seven bedrooms and space for community use (such as a library or meeting space). To achieve this we have a loan from Radical Routes and we also aim to collect at least 10% of the property value in loan stock. We are already halfway towards reaching our loan stock target and the more that we collect the better. The rest of the property value will be covered by a mortgage with one of the more ethical banks (Triodos).

Loan conditions:

We are taking loans of anything over £500. You can choose the fixed interest rate between 0-4% and you can also choose the time period, such as 5, 10 or 15 years. If interested, please get in touch for a chat. We can show you our business plan (developed with Radical Routes) and are happy to answer any questions you may have.

It is worth noting that in the 21 years that Radical Routes has been supporting starter housing cooperatives they have never had a failed cooperative. This is down to the steady support that member cooperatives give and receive. If a cooperative is struggling at any point, they are given more support by the network. Also, our business plan is based on rental income which is easy to guarantee because housing cooperatives, especially urban, are desirable places to live and tend to have long waiting lists.

Please do not hesitate to get in touch with any questions, using the email address on the right.