Nest FundingWe help home renters become home owners.

One brick at a time.

What do we do?For renters who don't have a deposit to buy a home,

Nest Funding will help them save one.

Nest Funding enables to invest in their own home, and save up a deposit. Starting from just 1% of the property value.

ProblemGeneration rent can't afford to buy property. They can'tgather the large deposit required, don't have access tothe bank of mum and dad, and live in expensive propertyareas where salaries don't provide a large enoughmortgage to buy. They are caught in a cycle of renting.

Property investors are looking for sustainable,predictable returns in a volatile market. They are lookingfor a low risk investment profile, predictable returns, andflexible liquidity.

SolutionCo-own property for five years

Resident buys small share, from 1%, and isencouraged to buy more

Resident pays rent on the part they don't own. Whenthey buy more of the property, their rent reducesaccordingly

Investors receive rental return on their share, capitalgrowth on subsequent shares the resident buys,plus capital growth when property is sold

Benefits for investorEquivalent returns to buy-to-let. Plus competitiveadvantage over buy-to-let: Resident finds property. 5year tenancy = longer certainty of financial returns. Andco-ownership means resident actively maintainsproperty.

Benefits for residentPaying rent only on share not owned means more abilityto save. Ability to save deposit through their own homemeans savings 'keep up with' property market. Longertenancy gives more predictable outgoings, and longed-for feeling of ownership.

Funding GoalsWe require £10m property investment to take this product to market for pilot phase. Thiswill fund 30 properties.

WE'RE RAISING

£10m

75% London properties

25% Non-London properties

FAQ What happens after five years? There are three options. The resident can sell the property - and both parties receivereturns pro rata to their shareholding. The resident can stay for another term, and werestart for another five year cycle. Or the resident can buy investors out with amortgage. A variety of choices where resident is empowered to choose route; butwhichever route is chosen the investor receives his/her returns.

What is the legal structure of the property ownership?The resident and investor co-own the property as tenants in common. The residenttakes a lease which gives the right to live in the property. The lease agreement is usedto protect the investor's rights as landlord, and the investment.

Financial structure?The property is owned outright, with no mortgage.

Core Team

Eleanor Bowden

Founder & CEO

Ten years in global corporate business at Unilever &Blueprint for Better Business Chief of staff for global division at UnileverOwned property through private shared ownershiparrangement - this gave her the inspiration for NestFunding

Anindya Biswas

Co-Founder & CFO

Consulting career at KPMG & McKinseyExperience managing multi-million pound propertyportfoliosDeveloped big data social enterprise for Ashoka,funded by Gates foundationQualified CFA and MBA in finance

Welcome to the modern alternative to renting.

We help renters buy their own home. We do this by connecting property investors and residents, creating jointly-ownedproperties.

The resident gets their foot on the property ladder in an affordable way, buying from just 1% share.

The property investor gets the same returns as buy to let. Plus a competitive advantage over buy to let because the resident istaking care of the property.

Our raison d'etre is helping generation rent. We do this because we believe that owning a home is really important, for theindividual, for their local community, and for the wider economy. Home ownership helps the first time buyer worry less about thefuture, through financial stability and autonomy over the property they live in. It helps the wider community because thecommunity engagement is higher in owner occupied areas, and crime is lower. And it helps the wider population because thecredit lines afforded to home owners boost the wider economy.

Welcome to the modern alternative to renting.

Milestones

Nest Funding foundedJanuary 2016

Secured angel funding,pre-launch March 2016

Began discussions onstrategic partnership withone of UK's biggestinstitutional investors May 2016

Gained place on NatWeststartup acceleratorJune 2016

Awarded place onprestigious MassChallenge startupprogrammeAugust 2016