We have created a new way to buy your home – the Home Owning Partnership or HOP for short. The new product will help to bridge the gap between renting and owning, targeting long-term renters and those struggling to get a big enough mortgage – or get a mortgage at all. HOP will launch in 2019, offering people an opportunity to co-invest in the home they want, where they want.
The HOP Investment Program (‘HIP’) will offer long-term inflation-linked returns to institutional investors and others that seek this style of investment return.
HOP is being incubated by the Mill Group and will shortly be seeking investment for both its development capital, as well as its investment program.