Key facts
| Offer status | CLOSED |
| Product | Loan |
| Offer opened | 14th March 2018 |
| Offer closed | 28th March 2018 |
| Location of project(s) | London, UK |
| Updates |
| Offer price, per share/bond | not applicable |
| Min. investment amount | £5,000 |
| Max. investment amount | not applicable |
| Min. raise for offer to proceed | £150,000 |
| Target raise | £240,000 |
Financial performance
LRS will pay 8% per annum, paid every six months, in arrears. This will be paid gross of tax, and on the amount of capital outstanding at the start of that period.
As of its last set of management accounts in December 2017, on a consolidated basis, LRS had assets of £2.4m and debts of £0.7m.
Social performance
Monies raised will fund the growth of the Home Improvement Scheme - a project of London Rebuilding Society Limited which will help an estimated 1,900 older homeowners living in houses in very poor condition to improve and refurbish their home so that they can live independently in safety, warmth and comfort.
View the video of John's story on the Who benefits section to see the transformative effect that the Home Improvement Scheme can have on someone's life.
SITR
This offer is eligible for Social Investment Tax Relief. This means that, depending on an individual's tax status, they may be able to claim 30% tax relief on their investment.
Match Funding
This Ethex product benefits from Big Society Capital match funding, which means that once the offer target is reached, every pound invested by investors through Ethex will be matched by the Big Society Capital Crowd Match Fund. It is expected that the total amount borrowed under this offer and from Big Society Capital will bring the total raised to £450,000. Read more
Business profile
Aims, social and financial performance, and how it's run
Offer document
Template Loan Agreement
This is the Template loan agreement for viewing. You will be sent a personalised copy of the loan agreement which you will need to sign and return once you have paid for your investment order. You should not return or sign this Template as it is for information purposes only.
Paper Application Form
We would prefer you use the 'Buy Now' button to invest, but if you would rather use a paper application form one can be downloaded from here.
Financial Highlights
LRS financial highlights
The information on this website is only a summary of the offer document.
Before applying to invest in London Rebuilding Society the whole text of the accompanying offer document should be read.
IMPORTANT INFORMATION FOR PROSPECTIVE INVESTORS
If you are in any doubt about the information on this website, the content of the accompanying prospectus or the action you should take, you should immediately consult a person authorised for the purposes of the Financial Services and Markets Act 2000, who specialises in advising on investment in shares and other securities.
Prospective investors should be aware that there is no certainty that investors will get back the full amount they invest.
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