Month: March 2016

The Property Pledge

The Property Pledge

Acorn

OK, here’s an idea.

When you buy a new house, you are given the option of signing a pledge.

You pledge that, on sale of that house, a small percentage of the increase in its value will go to a charity of your choice.

You can choose the percentage, however let’s say it’s 1%. This would be a pledge and as such would not be legally binding however the seed would have been sown.

On the sale of the house, you’d be reminded of the pledge and could act to fulfil it.

If the house falls in value, you pay nothing. The scheme would be promoted by benefiting charities and pushed as an option by estate agents as “you may wish to consider the Property Pledge”.

Over time, this would raise millions for good causes and give homeowners a simple, innovative way to give to charity.

What do you think?‪

#‎PropertyPledge‬