IT IS CRITICAL TO THE CAUSE THAT NOBODY DONATES ANYMORE THAN £1.00 PER PROJECT

INTRODUCTION

Nothing would give me or my construction company Leicester and Leicester Ltd greater pleasure to help families around the country to get onto the property ladder without having to spend a single penny to do so.

WHO WILL BENEFIT

Everyone who is in full-time employment who are considered as living from hand-to-mouth

WHAT WILL THE FUNDS BE USED FOR?

The funds will be used to either purchase land to build on or, dilapidated properties to renovate and turn them into the standard of a show-home!

HOW SOON DO I NEED THE FUNDS?

I would like to start the project within the next 60 days or sooner if at all humanly possible!

WHAT THIS SUPPORT WILL MEAN TO ME

Unfortunately, I would never be able to personally become part of the scheme in which I have embarked on due to conflict of interests reasons nor, could any of my family or extended family or even my personal friends.

For me personally, the satisfaction I would get is that, not only will I be helping to eradicate the mortgage problems for the many and addressing real poverty issues but, I would also be able to find young men/women who are wasting away loitering around street corners and getting up to mischief; in which society does not want and use that energy by:

(a) Contributing to make a better world for us all to live in

(b) Learn them a trade skill, whilst being paid for it

(c) Giving young men and women pride & dignity and enjoy being appreciated by the many

BUILDING WORKS

My construction company will handle all of the works and will ensure that we will deliver a property to perfection to as many families as humanly possible!

HOW WILL THE SCHEME WORK

Very simple, we will contact families directly who are perhaps living in overcrowded situations who would like to buy a house of their very own but are unable to due to levels of income etc. We will select a family from our list and work down the list for everyone and as quickly and as professionally as we can.

HOW MUCH WILL IT COST THE FAMILY TO MOVE INTO A HOME?

Not a single penny!

HOW WILL THE SIZE OF A HOME BE DETERMINED FOR A FAMILY?

Very simple again, for example; our decent homes standard is worlds apart from that of any local authority in the country; what we believe to be necessary for a family, our government deems it to be a luxury. So, I could never work with the local authority using their methodology for their idea of a decent home standard because quite frankly it's an appalling standard!

Subsequently, if you are a couple with 3 children, then you will be entitled to a very modern 4 bed detached or semi-detached property in an area of your choice "within reason of course", that is to say you would not be allowed to move to Beverly Hills etc. We are talking about being sensible and accommodating towards the demands and needs of the family unit.

Your children should have a room of their own each because, little children do grow "apparently" and they do need their own space. So, they have their own space from day one!

Each family is based on its own merit there is no standard box that all families fit in, each family is unique with its own unique set of issues and it will be our role/duty to fashion a box that fits perfectly for the family in question!

HOW WILL A FAMILY ARRANGE A MORTGAGE WITH BAD CREDIT HISTORY?

As mentioned above, each family is unique with their own set of issues, our role will be to remove the barriers that is preventing home-ownership. A family will not be required to take out a mortgage from any high-street bank or specialist lending institution, because, there will be no mortgage on the property. A family will effectively pay back the company exactly what it cost to move that family into the home of their choice.

So, if for example the property cost £295,000.00 to purchase outright and to renovate to a very high standard, then that is the only amount in which the family has to return to the company.

There is zero interest to pay and your monthly payments will be in line with your current affordability; this may result in the term of your Family Poverty Alleviation Donation (FPAD)to be repaid over a longer term than normal without it costing a single penny more in interest charges of any type and as you are paying your FPAD you will have an online account in which you can see all your payment history and what balance is left to pay on the FPAD.

So, if the total FPAD amount is £295,000.00 for your home but you can only realistically afford to pay no more than £500.00 per month, then the term would be spread to accommodate you level of ability to pay. This may take 50 yrs but, we are fine with that and so should the family be.

So, the maths would look like this:

FPAD = £295,000.00 divided by 50 yrs = £5,900 per year

Monthly payment = £491.66

Absolutely not a single penny of interest can be charged under this scheme INTEREST IS FORBIDDEN!

Each time a payment is made, the "FAMILY" will be able to see the reduced balance so, for example when a family have made their very 1st payment, their account balance will look like this:

Original FPAD amount = £295,000.00

Payment Made on 01/01/2019 = £491.66

Remainder FPAD Balance = £294,508.34

Each time a payment is made it will be recorded and deducted from the original FPAD amount and once the last payment is made, the property becomes officially yours.

ARE THERE ANY PENALTIES TO PAY FOR CLEARING THE BALANCE OFF ANY EARLIER THAN THE STIPULATED TIME?

Not a single penny, if a family suddenly find themselves in a position to clear the FPAD balance within 10 years, then all well and good, we have no issue with that at all and genuinely wish them the very best of luck in so doing!

WHEN WILL THE 1ST MONTH PAYMENT BECOME DUE?

We understand that moving home can be stressful and it will take time for a family to settle in that is why we would like to assure that all families will not have to make their 1st payment until the beginning of month 4, that is to say that; each family will have a 3 month grace period to settle into their new home and new life.

WHO WILL OWN THE PROPERTY AS A FAMILY IS PAYING FOR IT?

Simply put, me and as soon as the FPAD is completely paid up-to-date, then the family officially becomes the rightful owner!

WHAT HAPPENS TO ALL OF THE REPAYMENT MONIES?

This goes back into the pot to help fund the next family's home under the exact same scheme.

WHAT HAPPENS WHEN THE FIRST SET OF CROWDFUND MONEY IS CONSUMED IN THE 1ST PROPERTY FOR THE 1ST FAMILY?

Very simple, as soon as the family have moved in, the original sum is gone! We then start the next crowdfund "of only £1.00 per person" until we have collected the required amount to arrange the next property for the next family.

Eventually, it will become self-perpetuating and we will be able to get more and more families into homes of their own even sooner, the more we can generate in monthly repayments and crowd funding objectives, the more we can give families meaningful hope, eradicate child poverty and give families a life that they all deserve!

DO YOU ENCOURAGE OTHER BUILDERS TO DO THE SAME?

Absolutely, this will never happen from the larger builders because, their game is profit first; the smaller construction companies, i.e. myself is, family first, eradicate poverty and create a meaningful society of decent human beings; the family is everything, money is a dirty necessity but if we all use it wisely, we can all benefit.

Unless "we the people" create the impetus we will not be able to create a self-perpetuating momentum that will make redundant the bigotry of lending institutions that are inextricably linked with the bureaucracy of Credit Reference Agencies.

I realise that I may not be able to get to everyone in their own "Adequate Sized" home within a space of 12 months but, I am confident that I can get many families into a meaningful and successful lifestyle and it something that indeed can be built upon very quickly if everyone joins in and see's the delivery of what I hope to accomplish for many families.