Established in 2007, we are London's first, the longest established and only dedicated provider of impartial and comprehensive mortgage advice dedicated to a unique sector - Professionals.
About Us
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.
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.
The Fund
The Assets
Invests in residential real estate, initially focused in the Midlands and South East England
Structure
5-year closed ended fund with expected LTV of 65% ringfenced from Fund Manager. Investments cannot be redeemed for at least 5 years.
Target Returns
Target annual dividend of 5.5% from rental income. Target total return on investment over 5 years of 30%
Upfront fee of 2% of amount invested. Annual performance fee equivalent to 10% of net profits.
(All target returns are after fees)
Current Fund
Invested funds currently yielding annual dividend of 6.2% after fees
Investor Benefits
Reduced Costs & Defaults
Compared to traditional
Buy To Let as tenant feels sense of ownership as they accumulate equity and are responsible for maintenance.
Positive Social Impact
The investment benefits society in a positive way by helping address the issue of mortgage deposit affordability.
Highly Predictable Income
5-year tenancy agreement and insurance to protect tenants and income when there is a change in circumstance.
Potential for capital appreciation
Investors benefit from rise in house prices in addition to annuity dividend income
Real assets and portfolio diversification
Collateralized by UK residential real estate. Current five-year forecasts are 17%-25% growth.
©2021 by Bomad Investments Limited
HomeNow is the trading name for BOMAD Investments Limited which is authorised and regulated by the Financial Conduct Authority (firm reference number 822295). BOMAD Investments Limited (No. 11307331) is a limited company registered in England and Wales with its registered office at Eighth Floor, 100 Bishopsgate, London, United Kingdom, EC2N 4AG.
BOMAD Investments, its directors and employees do not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on any information or opinions contained herein or in any other communication in connection with an investment through the Service. However, this disclaimer does not affect any liability which BOMAD Investments may have in relation to the Service under FSMA, regulations made under FSMA or FCA Rules.
Information contained herein has been gathered from various sources who are accredited accordingly. Whilst some of the views of BIL may be based upon this data, BIL is not responsible for its accuracy.
Capital at risk. The value of investments can go up or down. You will need and be expected to make your own independent assessment of the Service and to rely on your own judgement (or that of your independent financial adviser) in respect of any Subscription you may make to the Service and the legal, regulatory, tax and investment consequences and risks of doing so.
©2021 by Bomad Investments Limited
HomeNow is the trading name for BOMAD Investments Limited which is authorised and regulated by the Financial Conduct Authority (firm reference number 822295). BOMAD Investments Limited (No. 11307331) is a limited company registered in England and Wales with its registered office at Eighth Floor, 100 Bishopsgate, London, United Kingdom, EC2N 4AG.
BOMAD Investments, its directors and employees do not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on any information or opinions contained herein or in any other communication in connection with an investment through the Service. However, this disclaimer does not affect any liability which BOMAD Investments may have in relation to the Service under FSMA, regulations made under FSMA or FCA Rules.
Information contained herein has been gathered from various sources who are accredited accordingly. Whilst some of the views of BIL may be based upon this data, BIL is not responsible for its accuracy.
Capital at risk. The value of investments can go up or down. You will need and be expected to make your own independent assessment of the Service and to rely on your own judgement (or that of your independent financial adviser) in respect of any Subscription you may make to the Service and the legal, regulatory, tax and investment consequences and risks of doing so.
©2021 by Bomad Investments Limited
HomeNow is the trading name for BOMAD Investments Limited which is authorised and regulated by the Financial Conduct Authority (firm reference number 822295). BOMAD Investments Limited (No. 11307331) is a limited company registered in England and Wales with its registered office at Eighth Floor, 100 Bishopsgate, London, United Kingdom, EC2N 4AG.
BOMAD Investments, its directors and employees do not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on any information or opinions contained herein or in any other communication in connection with an investment through the Service. However, this disclaimer does not affect any liability which BOMAD Investments may have in relation to the Service under FSMA, regulations made under FSMA or FCA Rules.
Information contained herein has been gathered from various sources who are accredited accordingly. Whilst some of the views of BIL may be based upon this data, BIL is not responsible for its accuracy.
Capital at risk. The value of investments can go up or down. You will need and be expected to make your own independent assessment of the Service and to rely on your own judgement (or that of your independent financial adviser) in respect of any Subscription you may make to the Service and the legal, regulatory, tax and investment consequences and risks of doing so.
Capital at risk. The value of investments can go up or down so you may get back less than your initial investment. You will need and be expected to make your own independent assessment of the Service and to rely on your own judgement (or that of your independent financial adviser) in respect of any Subscription you may make to the Service and the legal, regulatory, tax and investment consequences and risks of doing so.