December 2015 - Pocket

Pocket bond on Crowdcube attracts double-investors

December 10, 2015December 10, 2015 Hannah Godwin Leave a comment

So good they invested twice

We launched the first Pocket bond on Crowdcube back in March 2015, offering 7.5% interest over a four year term, and we quickly achieved our funding goal. Our second bond, the Pocket Land Bond, launched last week and we are already 10% funded, thanks to a good level of repeat investment. We are very grateful to those who show continued support for Pocket, and we contacted a couple of our ‘double-investors’ to find out what it was that attracted them to the Pocket bond – twice.

Pocket gets moving in Lambeth

December 7, 2015December 7, 2015 Hannah Godwin 6 Comments

On track to deliver 127 new Pocket homes in Lambeth in 2016

It’s all happening in Lambeth! Having just started building our latest development Mountearl Gardens SW16 in Streatham, Pocket has this corner of London on the brain. One of the boroughs where city makers most want to buy their first home is Lambeth, and what’s not to like?! Lambeth stretches all the way from the River Thames (overlooking Westminster) through multicultural Brixton, down to leafy Streatham. There’s something for everyone, and we are underway with Pocket schemes dotted from the top of the borough to the bottom, between them delivering 127 affordable Pocket homes, most of them one bedroom.

Construction at Wynne Road SW9 is well underway, and having started last week on-site at Mountearl Gardens SW16 we are really excited about the innovative modular construction methods we’re using, working with Donban Contracting UK, to reduce construction times and improve economies of scale – getting these homes delivered sooner. Sail Street and Juxon Street are due to start construction January 2016, using this same innovative approach. Here’s a round-up of all our upcoming Lambeth schemes:

Help for Help to Buy!

December 1, 2015December 7, 2015 Hannah Godwin 4 Comments

Helping to make Help to Buy helpful

Help! The government has its heart in the right place, trying to ‘help’ first time buyers with its Help to Buy schemes… and as of today a new one has launched, the Help to Buy ISA. It can all feel very confusing – we’re not promising to ‘deconfuse’ things completely, but here is a brief summary of how Help to Buy works with Pocket, and links to some nice clear explanations.