Estimated at over £7 trillion, the UK’s residential property market is worth more than the combined value of the UK equities and commercial property. It’s easily the UK’s most valuable asset class.
Cherry invests in UK residential property via CoBuy. A product owned by Cherry, CoBuy makes it easier for potential home-owners to take that first step on the housing ladder. Cherry buys UK residential properties, then part-sells and part-rents them to private individuals under the CoBuy brand.
With a CoBuy home, we’ve halved the size of the mortgage needed, and also halved the deposit potential owners need to save. They buy half the home upfront and rent the rest, with the option to increase the percentage of the property they own over time until they own the whole place.
How it works
Buy half. Rent half.
It’s brilliantly simple. Buy 50% of a home, and pay rent for the rest. Its a chance to buy the home you actually want, this is your chance to invest in the home you really want, with a deposit and mortgage you can afford.
Property to be proud of, for everyone.
We offer quality homes in reputable areas. You’ll find everything from one-bed flats to three-bed houses, and new-build as well as established properties. Unlike housing association schemes, anyone can buy with Cherry.
Buy the rest over time.
You’re free to buy more shares in your home when you can afford to, in your own time. Eventually – if you choose – you can own it all, or take advantage of rising property prices and sell.
Visit the CoBuy website to find out more and get involved.