Members say co-ops offer autonomy and security in an increasingly difficult housing market.
By Jonathan Holmes and Rachel CandlinGetting on the property ladder is a struggle for millions, with high rental costs and low incomes making home ownership seem an unachievable dream for many.
"But nowadays it seems to be really difficult to do that without some kind of support from family members or an inheritance," he said.
"Several of the people who've joined [us recently] have literally been shuffling from one private house to another. "We don't have a waiting list and most of the time we have up to five unhoused members at any one time. "Quite often you need to bring equity into a purchase. We don't need to do that. Instead we run something called a loan stock campaign," he said.
"The most common reason housing co-ops are unsuccessful is because the group falls apart. Putting in the groundwork for [a strong group] is a really significant part of what we do," he said.Simon Crichton from Triodos Bank said co-op members needed to form a strong group before seeking finance"New housing co-operatives will need initial capital to purchase or develop their homes, as well as a bank loan.
Danmark Seneste Nyt, Danmark Overskrifter
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