HomeNow is a social impact fund with the goal of helping aspirational homeowners access the UK property ladder, whilst also providing competitive returns to investors.
Founded by seasoned and successful entrepreneurs with significant experience in property, investments, finance and Fintech. Advisory Board with representatives from the House of Lords, House of Commons, Housing Associations and entrepreneurial businesses.
Chairman of the Board
Co-Founder of Ashtead Group PLC serving as MD from May 1984 to Feb 2000 (current market cap £15bn).
Chief Executive Officer from Feb 2000 to Dec 2006.
Former Chairman of the Board. of Henderson Opportunities Trust plc (formerly Henderson Strata Investments PLC).
Non-Exec and Head of
Director of Savills (UK) Ltd heading up their residential business across the South East.
Chartered Surveyor since 1989. Previously Partner at Hobbs Parker, a respected Kent-based multi disciplined property company.
Co-Founder, CurrencyFair; CFO and Head of Banking.
Founder, Law Debenture Asset Backed Solutions Ltd; structured finance and securitisation.
Senior positions at Bank of New York Mellon, Deutsche Bank and JP Morgan.
Gavin has devised and delivered winning advice, campaigns and strategies for institutional, public and private clients throughout Europe and North America.
Gavin has advised on a wide range of projects, from infrastructure, retail, and minerals to residential and commercial schemes.
Tim Farron MP
MP for Westmorland and Lonsdale
Former Leader of the Liberal Democrats
Extensive experience in the planning sector and was appointed Spokesperson for Housing and Planning and the Northern Powerhouse in August 2019.
Has helped to shape Liberal Democrat housing policy during his time as leader.
Extensive experience at senior level in banking for real estate and social housing sectors.
Led the Loans Team at Homes England. SRO for Home Building Fund, investing into housing market to support Government ambition to build 300,000 homes p.a.
Board and Committee memberships at housing associations.
Governor of Sheffield Hallam University
Lord Bob Kerslake
Former Head of the Home Civil Service
Former Permanent Secretary in the Department for Communities and Local Government
Headed up the London Housing Commission report titled ‘Building a new deal for London’.
Chair of the 2070 Commission.
Research and Insight Manager, NCVO
Previously policy and quantitative research specialist in the housing association sector
Extensive experience on private rented sector issues including work on successful legislative reform campaigns
Advisory board member at London YIMBY and board observer at Nationwide Foundation
Chairman Estuary Housing Association
Chairman Haven Gateway Partnership
Significant experience in development and housing association activity
Previously held senior positions in banking, aerospace and department for trade and industry.
Gagan Mohindra MP
MP for South West Hertfordshire
Private Parliamentary Secretary to the Department for Transport
Former Parish, District and County Councillor over a 16 year period. Previous responsibilities including Finance and Property lead member, Economic Development (including Strategic Planning), Chairman of Planning Committee
HomeNow provides its residents with the opportunity to choose a home from any property for sale in the UK. The resident has security of tenure and fixed rent for a period of 5 years. On the fifth anniversary, the resident has the right to buy the property and receive one third of any house price increase after costs. This provides the resident with a real sense of ownership whilst they are renting.
The sense of ownership felt by residents results in reduced maintenance costs and void periods, enabling HomeNow to provide competitive returns to investors despite sharing one third of the capital increase.
Investment is made into a five year closed ended fund, which purchases the properties, rents them and generates annual dividends from the rental income.