Pocket Living launch £1M mini bond on Crowdcube

Pocket is a pioneering private property developer delivering affordable homes in London. The demand for affordable homes in London far outstrips supply and with the Greater London Authority providing a £21.7m loan facility for 10 years their is clearly belief in the product.

Pocket homes are compact and designed to maximise space, comfort and sustainability. They are sold at a discount of at least 20 per cent to the open market, residents own them outright and they stay affordable in perpetuity.

Pocket is 10 years old and is now working across 11 London boroughs with the aim of delivering against a target of 4,000 homes by 2023.

Marc Vlessing, Co-founder & CEO. Marc has a background in City corporate finance, company management and venture capital. Marc brings management, marketing and strategic direction to Pocket. Marc is also chairman of ProVen Growth & Income VCT PLC. Paul Harbard, Co-founder & Finance Director. Paul is a Chartered Accountant and was Finance Director of Peabody Trust for 12 years. Paul has a wealth of experience in public sector housing and brings a strong operational and practical construction perspective to Pocket.

 

  Share:

Leave a Reply

*