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Desperate Measures
The Sunday Times | 02 October2011
A novel scheme aims to help first-timers buy period properties, not just new-builds. Do the numbers stack up.
With the average age of the first-time buyer heading, apparently inexorably, towards 40, there is no shortage of schemes to help people onto the first rung of the housing ladder.
To read more download the PDF >>>
Councils to invest pensions into new homes
Buliding.co.uk | 30 September 2011
Proposals will see £10m from Islington council’s pension fund invested into fund for new homes.
Two London councils are developing plans to invest money from their own staff pension funds into new homes for affordable sale.
To read more download the PDF >>>
Mill Group residential model debated
EGi | 17 September 2011
The feasibility of a new co-investment structure for the residential housing market was debated by a number of leading institutional investors in London last week.
The Residential Investment and the Institutions Debate, organised by Mill Group, also covered whether the structure could offer an effective asset model for investors while at the same time provide opportunities for home ownership without requiring a mortgage.
To read more download the PDF >>>
RICS president-elect joins firm launching mortgage-free buying service
Estate Agent Today | 05 September 2011
One of Britain’s leading property figures, who is president-elect of the RICS, is to advise the company which aims to revolutionise the housing market by a co-investment model which will allow purchasers to buy mortgage-free.
The appointment, one of two announced by Mill Group, suggests that the project is getting close to launch.
To read more download the PDF >>>
We must tear down barriers
The Wharf | 05 May 2011
Knocking down the barriers that prevent investment in residential housing is the only way to ensure that future demand will be met, according to
the Mill Group.
To read more download the PDF >>>
Property Investment In Residential Housing Needs A Facelift
Focal News Point | 21 April 2011
Property investment in the UK residential market is not in a position to handle future demand says many property investors and landlords. The market needs a different model in which the tenant has a share in the property. This view is also supported by Mill Group a UK-based property and finance group.
No-mortgage scheme for first-time buyers
due to launch
Introducer Today | 26 April 2011
A concept claiming to be new to the UK housing market is due to be launched this autumn, enabling first-time buyers in London to invest in their home but without a mortgage.
The scheme, from UK property and finance company Mill Group, is currently being marketed to investors, with the aim of raising a £100m property investment fund.
Mill Group decries obstacles to institutional investment in UK housing
IPE Real Estate | 21 April 2011
Residential property investment in the UK has outperformed gilts, equities and commercial property for over 30 years, yet investors still struggle to get a realistic foothold on the £3trillion plus housing ladder. Barrier after barrier is put up for the willing investor to overcome.
To read more download the PDF >>>
Pull Down the Barriers to Investment in Residential Housing
Arla | 19 April 2011
The barriers for investor entry to the UK residential housing market are still too great to ensure that future demand will be met, according to Mill Group a UK-based property and finance group. The wear and tear caused by tenants and a lack of regulation in the rental market combined with resulting low yield levels means that the Government's push to increase rental investment will not create the anticipated uplift in stock.
Residential FRI - Could it be a Reality?
ttatimes – MIPIM 2011 | March 2011
Residential property investment in the UK has outperformed gilts, equities and commercial property for over 30 years, yet investors still struggle to get a realistic foothold on the £3trillion plus housing ladder. Barrier after barrier is put up for the willing investor to overcome.
To read more download the PDF >>>
£250m boost for first-time buyers
Independent | 23 March 2011
The Government has earmarked £250 million from the Bank Levy to help around 10,000 households with incomes of up to £60,000 buy a
new-build property.
David Toplas, chief executive of the Investors in Housing Fund at Mill Group, said "The Chancellor's Budget announcement of support for first-time buyers is encouraging, but is a drop in the ocean that fails to address the sheer scale of the problem."
Go to investors rather than the banks
Sunday Times | 13 February 2011
Institutional investors are backing a new scheme run by the Mill Group, a specialist property company, which promises to help first-time buyers with as little as a 5% deposit to get on the property ladder without the need for a loan.
To read more download the PDF >>>
Fund set to help first-time buyers
Financial Times | 07 February 2011
This week, the Mill Group, a specialist property company, began raising money for a £130m institutional investment fund that will finance first-time buyer deals of up to 95 per cent loan to value, with no mortgage needed.
Investors needed for new low-deposit
UK buyers fund
OPP | 07 February 2011
A UK residential property fund is looking for investors to finance first time buyer deals up to 95% LTV, removing the need for a mortgage and significantly cutting the required deposit.
First-time buyers -
a new mortgage-free option?
Trethowans Solicitors | 07 February 2011
The Mill Group is reported by EstateAgentToday.co.uk as launching what Mill Group claim to be the UK's first property investment fund, offering investors the opportunity to invest in residential property by the financing of first-time buyers who are purchasing properties with a Loan to value of 95% - a mortgage-free way to get on the housing ladder even if they have only a 5% deposit.
Mill Group launches ‘No Mortgage
Co-investment’ model
Mortgage Finance Gazette | 04 February 2011
Specialist property and finance firm, Mill Group, is looking to raise at least £100 million with the launch of the UK’s first property investment fund that will offer investors the opportunity to invest in residential property by financing first-time buyers and removing their need for a mortgage.
Institutions take the place of Mortgage Lenders
PropertyTalk Live | 02 February 2011
A specialist property and finance group is looking to raise at least £100million with the launch of the UK’s first property investment fund.
Institutions take the place of Mortgage Lenders
ComProperty | 02 February 2011
The Investors in Housing Fund, developed by Mill Group with close to £1bn of assets under management, aims to provide consumers with a new way to own and occupy housing. At the same time it overcomes any of the barriers and disadvantages of past residential investment models.
Mill Group is launching the Investors in Housing Fund
FTfm | 31 January 2011
Mill Group is launching the Investors in Housing Fund, designed to help first time buyers purchase UK properties.
To read more download the PDF >>>
Mill Group plans £100m residential fund
EGi | 31 January 2011
Mill Group is planning to launch a £100m fund that will offer investors the opportunity to invest in residential property by financing first time home buyers and removing the need for a mortgage.
To read more download the PDF >>>
Property fund offers 95% deal to FTBs
Mortgage Strategy | 31 January 2011
Mill Group is launching what it claims is the UK’s first property investment fund, offering investors the opportunity to invest in residential property by financing first-time buyer deals up to 95% LTV and removing their need for a mortgage.
Have the coalition government’s public spending cuts created opportunities for pension funds?
Pensions Insight | 22 December 2010
“Housing is one of the very first areas that is actually identifiable as an investment opportunity for institutions as a result of the government cutbacks,” says David Toplas, CEO at Mill Group. Other infrastructure investment opportunities arising from government cuts will take much longer to identify, and for pension funds to feel comfortable investing in, he says.
Demand for new approach to housing finance
by Catherine Deshayes
The Move Channel | 3 December 2010
The Co-investment model is particularly suited to first-time buyers, who struggle to attain the deposit required for a typical high street mortgage.
Recent statistics from the Council of Mortgage Lenders have shown that the number of first-time buyer mortgages has dropped by 90% over the last few years, excluding many first-time buyers from any hope of homeownership.
Consumers demand new approach to
housing finance
PropertyTalk Live | 2 December 2010
New research commissioned by Mill Group demonstrates the need for a co-investment model between private institutions and the homebuyer to ensure continuing access to the housing market.
The research included an analysis of 25 to 40 year old ABC1s – those in the top income brackets – with 73 per cent stating that they could not afford to buy under current mortgage conditions.
This was an increase on the same survey conducted last year when 50 per cent admitted that they would struggle to find a viable mortgage or deposit.
London pension fund signs up to residential property investment scheme
PropertyTalk Live | 22 September 2010
The London Borough of Newham Pension Fund has announced its support for the Investors in Housing Fund.
The Fund has been initiated by specialist property investment company, Mill Group, to provide institutions with a low-risk route to invest in the residential property sector.
Through a process of “co-investment” between the Fund and consumers, it will give house buyers access to the capital needed to purchase the home they want in London or the south east.
Property: Tidying the housing market
Legal Week | 27 August 2010
Following the credit crunch, confidence in the housing market is low. Stephenson Harwood’s Natalie Elphicke outlines the chances of recovery and explains how first-time buyers can expect to get a foot on the property ladder.
The economic turbulence of the last three years has created challenges for the housing market; namely, securing financing, which is in turn putting pressure on home ownership. These problems look set to continue as the market faces challenges in relation to mortgage approvals, new housing developments and the creation of social housing schemes.
Residential property – designed for
pension funds
LAPF Investments | June 2010
For the past 10, 20 or 30 years, residential property is the best performing asset class when compared to commercial property, bonds or equities – with undoubted demand as people need and want houses to live in.
Investors gain access to UK residential property market
PropertyFundsWorld | 07 June 2010
An investment opportunity is being launched to provide both institutional and direct investors with a low-risk route into the residential property sector in the UK.
The Investors in Housing Fund will initially target the London residential property sector, a proven asset class that has outperformed commercial property, equities and gilts over the past 30 years.
It is the latest venture from Mill Group, a property investment company with close to GBP1bn of assets currently under management in the UK.
Using the new co-investment model for home ownership, the investment will enable potential home owners to buy a share of between 25 per cent and 50 per cent of a residential property with the investors buying the rest.
Demystifying Co-investment
The Move Channel | 21 April 2010
Despite the extension of the Stamp Duty threshold for first time buyers, the capital barriers to home ownership are prohibitive for a whole generation of potential home buyers.
Scant mortgage availability, large deposits and Stamp Duty now create unassailable barriers to entering the home market or moving up the housing ladder.
Here David Toplas, CEO of property investment specialist Mill Group, explains how co-investment could be the new path for home ownership for thousands of customers.
Recovery signs add grist to Mill Group’s
co-invest fund
Property Week | 12 February 2010
Fund offers buyers chance to part-own and part-rent home with investors.
Faint signs of recovery in the economy have accelerated fund manager Mill Group’s plans to attract investment for its latest residential fund.
The £500m Investor in Housing Fund was launched in October 2009 and is open to UK and overseas institutional investors. It will operate a coinvestment model whereby buyers purchase between 25% and 50% of the home and the fund will buy the rest.
BPF fights plight of first-time buyers
Property Week | 05 February 2010
A key issue for the next government after the imminent general election will be to help first-time buyers to access mortgages, warned government adviser Nigel Hugill at the British Property Federation’s residential conference in London
Hugill, chairman of developer Urban & Civic and adviser to the Homes and Communities Agency, said last Wednesday that first-time buyers now needed a deposit of £33,000, compared with £17,000 in 2007.
Housing purchase investment fund debuts
By Ruth Sullivan
Published: November 02 2009 | Last updated: November 02 2009
A new type of fund focusing on UK residential property in London and the south east is being launched today. aimed at institutional investors and would-be buyers trying to get a foot on the housing ladder.
The £500m (€558m $822m) Investors in housing fund will work on a co-investment basis where the buyer acquires 25-50 per cent of the property via a conventional mortgate with the fund buying the rest
Articles from other sites
Mill Group is not responsible for the content of external internet sites
Property: Tidying the housing market
Legal Week | 27 August 2010
Investors gain access to UK residential property market
AssetAdviser | 07 June 2010
Moving away from equities can pay
City AM | 05 May 2010
Property fund interests LGPS
Pensions Week | 08 February 2010
Making a stand
Inside Housing | 29 January 2010
Investors interest remains in market
Express & Star | 11 November 2009
£500 million investment fund to launch
Inside Housing | 06 November 2009
Need to know...
Times Online | 03 November 2009
New property fund launched
Mortgage Introducer | 02 November 2009
Housing purchase investment fund debuts
Property Week | 02 November 2009
New co-investment fund aims to help people onto the property ladder
Mortgage Finance Gazette | 02 November 2009
Property fund launches to help first-time buyers
IFA Online | 02 November 2009
Property fund launches to help first-time buyers
Mortgage Solutions | 02 November 2009
Mill Group plans to finance home buying
Reuters | 02 November 2009
Property fund to give FTBs leg-up onto housing ladder
Mortgage Strategy | 02 November 2009
Boris-backed fund offers rare SRI win
Pensions Week | 02 November 2009
UK property group launches $820m fund
Global Investor Magazine | 02 November 2009
Mill Group plans to finance home buying
Published: October 31 2009 | Last updated: October 31 2009
Mill taps institutions for £500m
Published: October 31 2009 | Last updated: October 31 2009