|Investing in||Affordable housing|
|Offer opened||17th October 2018|
|Offer closed||31st January 2019|
|Offer price, per share||£1|
|Minimum investment amount||£500 except for Somerset residents|
|Maximum investment amount||£18,750|
|Min. raise for offer to proceed||£187,500|
|Location of project(s)||Taunton, Somerset|
Somerset Co-operative Communty Land Trust expects to pay 4.5% interest from 2019 onwards.
SCCLT's long-term goal is to create affordable housing across Somerset, and inspire other community land trusts across the UK to use the SCCLT model.
Learn more about key aspects of this share offer
Aims, social and financial performance, and how it's run
The information on this website is only a summary of the offer document.
Before applying for shares the whole text of the accompanying share offer document and business plan should be read.
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 the value of the shares, which will not be quoted, cannot go up, but can go down. In addition, there is no certainty that investors will get back the full amount they invest.
As of the 31st Jan 2019 this offer is closed
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