Watch Our Introductory Video Explaining Social Housing!
Discover the potential of social housing with Seven Generations Property Brokers. In this insightful video one of our senior brokers, Jordan, introduces the concept of social housing, highlighting its diverse forms and the vital role it plays in providing safe, stable accommodation for those in need while providing a strong opportunity for those looking to invest in property.
From assisted living to temporary housing support, Jordan sheds light on the various types of social housing and the key authorities involved.
We also cover the benefits for investors, including positive social impact, higher rental yields, and guaranteed returns. Learn how investing in social housing not only generates financial success but also contributes to the wider community.
At Seven Generations, we're committed to guiding you towards the most rewarding investment strategies, ensuring your property ventures align with your goals and values.
Whether it's social housing, HMOs, apartments, or student housing, we'll help you navigate the market efficiently and effectively.
Explore the possibilities of social housing investment by clicking on the link below to speak to one of the team or schedule a call for later using WhatsApp.
FAQ
Which Type Of Social Housing Is Best For Property Investment?
The three types of social housing often used for investment purposes are; Assisted Living, Supported Living and Refugee-Supported Accommodation.
Typically Assisted Living and Refugee-Supported housing produce the highest rental yields.
In terms of the exit strategy, Supported Living and Refugee-Supported living tend to have the easiest exit as they are freehold properties that can be quickly sold on the open market.
Lastly, Refugee-Supported living tends to get the largest social housing providers backing them such as Mears and Serco.
Can Any Property Be Used For Social Housing?
In short, No. Social housing providers have specific requirements for properties they rent and where those properties are. They also have strict rules regarding the condition of the properties. If you wish to invest in social housing it is best to speak with a specialist to help you navigate the market.
Can I Get A Mortgage On Social Housing?
Leveraging is possible but depends on the type of Social Housing and the terms of the lease. Normally, it’s not possible to mortgage assisted living properties as they are typically apartments in a purpose-built assisted living-only building which does not make for an easy exit strategy.
Mortgage products are available on Supported Living & Refugee-Supported Living properties, however, you will normally need to go to a specialist lender. Also, the lender will likely want you to be an “Experienced Landlord” to qualify so there may be limited mortgage products available.
Who Pays For The Rent?
The Social Housing provider pays the rent, normally monthly although some pay quarterly. Some government-backed Social Housing providers will claim the rent paid to you as an investor back from the government.