Youown

YouOwn is a limited partnership, impact investment opportunity that delivers both a measurable, beneficial social impact and a financial return for investors. A shared equity, co-ownership programme, YouOwn enables home buyers in New Zealand to purchase a home they would otherwise be unable to afford. How it works for investors: YouOwn provides investors with a fully commercial, low risk residential property investment in New Zealand. Since risk is limited to the investment itself, YouOwn provides a good risk/reward balance. YouOwn offers cash distributions semi annually and provides comparable returns to a five year Term Deposit. Find out more about investing in Youown, talk to Nigel Spratt How it works for buyers: By investing between 20% and 25% of the property value at the time of purchase, YouOwn becomes a joint tenant in common with the homeowner. The homeowner pays an equity charge on YouOwn’s investment and retains full responsibility for the bank loan. After five years the owner can opt to buy out YouOwn at the property’s current market value. If not bought out, the equity charge is reset for a further five years. YouOwn has worked with a range of banks and brokers to secure a position where YouOwn home loan products can be offered to suitable customers. YouOwn is a co-ownership programme designed to help home buyers who are looking for a hand up not a hand out.