Lilac means Low Impact Living Affordable Community. We are an affordable, urban co-housing development in Leeds, West Yorkshire and have a unique shared ownership model which is the first of its kind in the world. Our community consists of 20 private strawbale and timber eco-homes of different sizes, grouped around our shared common house and pond. Lilac is home to 33 adult members and 12 children, one dog, three cats, chickens and a lot of frogs. Our site is designed using co-housing principles with shared facilities in the middle such as our common house with its dining room for communal meals, parlour for films, games and meetings, and guest rooms. We also have a shared workshop, launderette, a large play area, and lots of shared green space, allotments and gardens. Our legal structure is a Mutual Home Ownership Society (MHOS) which is an equity based leaseholder scheme. The cost of the project is divided into equity shares which are allocated to members based on the size of their property and their income. The member buys their allocation of shares either on a monthly basis, in which case their payments are set at 35% of their net income, or in full on moving in. Members can take their equity with them on leaving, and the value of the equity shares is linked to average national earnings, ensuring the project remains affordable from one generation of residents to the next. We are committed to sharing our learning and model with other groups, and run regular study days and tours. Please see our website for details.
Victoria Park Avenue
Low Impact, Affordable, Community
industrial and provident society