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alternative mortgage

The alternative to a mortgage for Sayed

About Sayed Amin  

Like most of our customers, Sayed is a first-time home buyer who was looking for an alternative to a mortgage. Buying a house can seem daunting initially, but Sayed was ready to become a homeowner and leave his renting days behind.   

Sayed is a compliance officer. He plans to start a family soon and found his dream home in Bradford.  

The challenge  

Sayed’s story raises the question of housing affordability and the lack of interest-free financing options. Sayed struggled to find access to financing that didn’t require a mortgage to buy his new home in Bradford.   

“I have been looking to buy a house for the last few years, but my main obstacle was that I couldn’t find an interest-free finance scheme.”   

The dream home  

Sayed knew where he wanted to live and found a stunning 3-bedroom Town House with a spacious and well-maintained enclosed patio and large garden area in a popular residential location close to shops, schools, leisure, and medical facilities with reliable transport connections.    

“The house was near everything I needed, and the property was lovely.”   

How CrowdToLive® helped Sayed finance his home without a mortgage 

Our innovative Part Own, Part Rent finance scheme helped Sayed to achieve his dream of becoming a homeowner without needing a mortgage.  

Sayed bought the fraction of the property he could afford, and our community of investors covered the rest! As a result, the house is 100% debt-free.  

Unlike with a mortgage, Sayed doesn’t need to repay the cost of the house (plus interest) over time. Instead, he pays rent to investors for the fraction he doesn’t own.  

Thanks to the power of bringing people together, Sayed moved into his new home without the stress of getting into debt, knowing he would have all the flexibility to increase his ownership if he wanted to.  

Our goal is that homeowners will eventually own 100% of their property at their own pace without being burdened by debt in the future. 

Buying a house can be overwhelming at first. That’s why our team is always happy to help every step of the way. Thankfully Sayed found the process easy to understand and straightforward when working with our team.   

“The buying process with CrowdToLive® was excellent, simple, and straightforward.”    

Sayed is now enjoying the freedom of living in his own place and looks forward to all the good memories he’ll make there in time. 

An alternative to a mortgage 

Our ethical-driven platform provides an alternative to a mortgage. We’re proud to be able to help people like Sayed move into their dream homes debt-free.  

We are confident that the world will soon begin to see how equity-based home financing solutions like CrowdToLive® can help transform people’s lives.  

In Sayed’s case, it makes him feel more ready to start a family after achieving his dream of owning his home debt-free and interest-free.  

If you want to learn more about how CrowdToLive® can help you finance your dream home, you can book a call with one of our team members.  

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RISK WARNING: Investing in property and property crowdfunding involves downside risks as well as the possibility of rewards and should be considered to be a long-term investment strategy. The downside risks could include a loss of capital, illiquidity and a lack of income. The investments should only be made as part of a diversified portfolio. The value of a property may fluctuate. There is no secondary market for investments made in unlisted securities and it may not be possible to sell your securities to third parties in a simple and timely manner, thus putting your capital at risk. Forecasts, estimates, and past performance data are not reliable indicators of future results. Investment made on the CrowdToLive® website site are not covered by the Financial Services Compensation Scheme (FSCS). Investing in the opportunities shown on this platform should only be made by investors who fully understand and appreciate the risks involved (please read the full risk warning here). Elite Capital and Management Services Limited takes no responsibility for any recommendations, estimates or opinions and will not in any circumstances advise individuals on the merits or risks of any investment or whether the potential investment is right for any individual. Any individual looking to make an investment should always seek independent advice before committing. CrowdToLive® is a product owned and promoted by Elite Capital and Management Services Limited, which is authorised and regulated by the Financial Conduct Authority (Reference Number: 822039). Elite Capital and Management Services Limited (Companies House number: 10347767) is registered in England and Wales with its registered office at Chester House, 1st Floor, Office 122, 81-83 Fulham High Street, Fulham Green, London, SW6 3JA