AHTO to invest €2.3b in new affordable housing in England and Wales
AHTO Group Ltd (Affordable Homes to Own) is to invest £1 billion (€1.17 billion/$1.36 billion) over the next five years in Intermediate Rent-to-Buy homes.
These will be acquired from shared ownership or private sale housebuilders in cities and towns across the United Kingdom. AHTO will then lease acquired properties to a partner, with customers able to buy their home at a discount to open-market-value at the end of their tenure.
AHTO is a privately owned business with a social purpose driven by outcomes that benefit local communities. Fully funded and supported by a network of investors, AHTO was established in 2020, with a head office in London.
AHTO provides an affordable Intermediate Rent-to-Buy (IRTB) product that supports government and local councils’ efforts to help thousands more people onto the housing ladder. AHTO’s IRTB product allows customers to transition to full home ownership at a demonstrably lower cost than shared ownership and is compli