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Local authorities simply don’t have the houses to meet demand. Most vulnerable families lack the means to move into private rental properties. Meanwhile, investors are seeking to have a real impact with their money. Surely there’s a way to connect the dots, to everyone’s
advantage?
At KeyStone, we have been working with local authorities and investors to move vulnerable families off the council waiting list and into a safe,
secure home. We manage the process end-to-end using technology: purchasing, renovating, renting, and leasing properties, to provide a sustainable roof over families’ heads. And provide sustainable returns to our investors in the process.
To purchase a property, we set up a limited company – which secures the investment funds required for the purchase and renovation of the
building.
The houses we buy have usually been empty for some time. We’ll take care of any remedial work needed – in line with local government requirements – to transform this unloved space into a brand-new start for someone in need. All in a matter of weeks leveraging a standardised repeatable model.
Once the home is ready, we hand over the keys to the local authority on a long-term basis enabling them to move people out of temporary accommodation. The Council provides a guaranteed fixed monthly rent at affordable or social rates. The local authority is obliged to return the property back to us in the same condition at the end of the lease period (which is usually 5 years).
Working across the country, we’ve developed relationships with local authorities in each region. We combine their knowledge with our data models to identify the right properties, and draw on their professional expertise, to get the process moving. Fast.
To purchase a property, we set up a limited company – which secures the investment funds required for the purchase and renovation of the building.
Once the home is ready, we hand over the keys to the local authority on a long-term basis enabling them to move people out of temporary accommodation. The Council provides a guaranteed fixed monthly rent at affordable or social rates. The local authority is obliged to return the property back to us in the same condition at the end of the lease period (which is usually 5 years).
The houses we buy have usually been empty for some time. We’ll take care of any remedial work needed – in line with local government requirements – to transform this unloved space into a brand-new start for someone in need. All in a matter of weeks leveraging a standardised repeatable model.
5
partnerships with local councils, across 5 different regions
properties within our portfolio to help support those in need
8
partnerships with charities & organisations that help provide our residents on-going support
25+
KeyStone volunteers and mentors who provide educational and employment support