A Mutual Home Ownership Society where some rent goes towards building up equity, which members may take out when they leave.
Quaggy MHOS successfully raised loan stock and purchased a property in early 2020.
They are a small group who enjoy shared living but wanted greater control and security than having a private landlord. The Mutual Homes Ownership Society works like a fully mutual co-operative, but allows members to build up equity shares which the society intends to be in a position to pay out when members leave.