Frequently Asked Questions

Equity – investors can purchase shares in ALP.

6,500,000

£100,000

The Assisted Living Project was founded on a social mission to help put roofs over people's heads by supplying housing to those who need it most, people in our society who are living with Alzheimer's, epilepsy, Asperger’s, and other enduring illnesses.

ALP have identified eight buildings, comprising a total of 421 apartments.

£9,473,699.55 per annum.

ALP will use investor funds to acquire existing buildings with Tenants in situ and leased for 25 years, the properties produce income from day one.

The properties will gross a 5% return in year 1. The rents are index-linked +1%. This year inflation is circa 8% as quoted on 1st August 2023, therefore rents will increase 9% next year and increase again depending on inflation rates in 2024.

Financing options for property investments include cash purchases, mortgages, loans, partnerships, and Real Estate Investment Trusts (REITs).

Shares are sold at their market value as directors have a duty under the Companies Act 2006 to act in the company's best interests. Therefore, the nominal value of each share issued is £0.01 with a share premium of £0.99 in line with the market value of £1 per Assisted Living Project share.

Within three years.

ALP purchases properties and leases them for 25 years to a CBS, which is funded by the DWP. The rental income is paid as a dividend to investors. Property REITs are required to distribute 90% of their income to shareholders in the form of dividends, which are paid annually.

Investors own the assets outright with no bank finance. The investor’s 5% return is government-backed and funded by the Department for Work and Pensions (DWP).

5% gross per annum dividend increasing every year index-linked plus 1% and 110% growth over three years, combined is over 40% per annum.

All cash, reconciliations and dividend payments are made bi-annually. Dividends are paid pro-rata after the companies’ financial year-end.

Examples of real returns include:

• Regional REIT Limited KCR REIT (14.12x)
• KCR Residential REIT plc (14.12x)
  Big Yellow Group PLC (26.22x)

Assisted Living Project must become a listed REIT within 3 years, investors can sell their shares once ALP is listed on the London Stock Exchange.

Annually on April 1st.

The Company’s objective is to provide a stable and secure income stream for investors through the acquisition and leasing of properties to reputable Community Benefit Societies using 25-year Harmonised Consumer Pricing Index (HCPI) inflation-linked leases that are funded by the Department for Work and Pensions (DWP) and indexed to pay rental income at 1% above inflation.

The Assisted Living Project Limited (ALP) is registered in the United Kingdom with company number 14708525.

The Department for Work and Pensions (DWP) is a UK Government body.

The Harmonised Index of Consumer Prices (HICP) is used to measure consumer price inflation in the UK.

A Community Benefit Society’s role is to serve the broader interests of the community. Any profit made by a CBS must be used for the benefit of the community. All CBSs are registered by the Financial Conduct Authority & HMRC. This is not to be confused with a Non-For-Profit Charity.

The Community Benefit Societies (CBSs) are not-for-profit societies that pride themselves on providing safe and sustainable accommodation across different UK boroughs. In addition to providing high-quality accommodation, they offer dedicated support to ensure their clients can maintain their tenancy whilst also supporting their self-development in other life skill areas.

Community Benefit Societies and Charities are not the same thing. The Community Benefit Societies are registered with the Financial Conduct Authority and HMRC as having charitable tax status, however as they return a profit, they are not considered a charity.

Property location is determined by the demand in specific areas around the United Kingdom that the Housing Bodies highlight as ‘high priority zones’ Wakefield, Sheffield, Doncaster, Northumberland, and Liverpool.

Funded by the DWP, the CBS pay for the following:

• Rent
• Ground Rent
• Service Charges
• Insurance Rent
• All Interest Payable
• Any Other Payments Due
• All Other Sums Due under the Lease

A Real Estate Investment Trust (REIT) is a company that invests in income-generating real estate, allowing investors to participate in real estate ventures without direct ownership or management of the properties

Property REITs pool funds from multiple investors to purchase and manage a portfolio of income-producing real estate properties. Investors earn dividends based on the rental income generated by these properties.

Advantages include access to diversified real estate investments, regular dividend income, potential long-term capital appreciation, and the convenience of investing in real estate without direct property ownership.

Property REITs are required to distribute a significant portion of their taxable income to shareholders in the form of dividends, typically on a quarterly basis.

Yes, REITs are good for both income and capital growth, property REITs can be attractive for income-focused investors due to their potential for regular dividend payments.

Investors still own the assets and will receive ‘property income distributions’ as normal. ALP will have to list within 3 years, however, should an unforeseen event occur.

• Plan B – ALP will sell the portfolio to a long-income fund such as Canada Life
• Plan C – ALP will sell or merge the company with another REIT or institution
• Plan D – ALP will sell the individual units off one by one to private Buy-To-Let Investors

There are no management fees for investors as the CBS, which is funded by the DWP, manages the properties.

Any maintenance and repairs are covered by the CBS, as per their DWP funding.

The lease signed by the CBS is a fully insured and repairing lease, funded by the DWP.

All properties that ALP acquires are already fully built with a lease in place. So, there is no construction risk or delays.

ALP doesn’t use any bank funding to acquire the properties. Investor capital acquires the properties outright. What if the planning falls through? There is no risk of planning delays or planning falling through. The properties are already built with leases in place.

Every property we acquire, has a brand-new lease attached on the day we complete the purchase, so the properties produce income from day one.

The CBS signs a 25-year lease and will often rotate tenants when necessary – however, this does not affect the monthly rental payments as it is funded by the DWP for 25 years.