I'm advising a group of elders who have come together to set up a senior Co-housing company that will hold the title to the land and lease us plots for our privately owned dwellings. Each homeowner will be a director of the limited…"
"As I remember, one cannot check the Office of the Regulator in advance to ascertain whether their objects are “In the interest of the Community.” Thus, I am hoping someone can advise me whether they think a senior co-housing…"
You might want to have a look at the ‘Guide to legal structures’ published by Wrigleys solicitors, which comes down against a CIC for cohousing.
At our age, I would suggest that getting a new cohousing group up and running…"
"Reply by John Mulkerrin 4 hours ago
Very good questions!
I find myself thinking of the caveats needed to try and do the ifs, buts and maybes the justice they deserve so my answers, as usual have the first caveat that it is recommended…"
"Very good questions!
I find myself thinking of the caveats needed to try and do the ifs, buts and maybes the justice they deserve so my answers, as usual have the first caveat that it is recommended you seek professional legal advice. Especially so…"
Greetings to all. I’m looking forward to learning, participating and sharing what I learn. I have started and managed a CLG but have no experience with shares. May I please ask a couple of questions? Equity Valuations for Private Company I’m working with a senior Cohousing startup community. We want a company structure where we can: (1) Pool our money and purchase land. All 15 or so prospective homeowners will have equal shares. (2) We want to protect our shared equity so that our heirs…See More
Guidance on how to set up a CIC especially where communities need to work together before they actually create the CIC e.g. collect funds commission work from advisors ahead of formation as some market testing or preparatory workSee More
For any accounting related queries, including accounts software package questions, grants and trading income treatment, HMRC or Companies House queries/issues, tax reliefs for CICs, links to useful finance information etc