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London Rebuilding Society - OFFER CLOSED

Loan Offer

£5,000 minimum

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

Loan offer

Learn more about key aspects of this loan offer

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.

Impact Report

 London Rebuilding Society's impact report

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.

Offer Closed

 As of 28th March 2018 this offer is closed

Read More

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