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PropertyAddressing the Financial Challenges of UK Faith Institutions in Property Ownership and...

Addressing the Financial Challenges of UK Faith Institutions in Property Ownership and Access to Finance

A gathering of one hundred prominent Faith Leaders has taken place to tackle the longstanding issues surrounding access to finance and property ownership for faith institutions in the United Kingdom.

Rehoboth Property International, a leading real estate developer committed to constructing spaces that generate social value, successfully organised the inaugural Legacy Summit on Tuesday, May 30th, 2023, at the esteemed Grand Connaught Rooms in London.

The groundbreaking summit united 100 influential church leaders from various regions of the UK, with the shared objective of finding solutions to enduring challenges related to finance and property ownership faced by faith institutions.

In collaboration with Charity Bank and World Vision, the Legacy Summit created an unprecedented platform, bringing together esteemed pastors, ministers, and faith leaders who collectively share a vision for enhancing financial education within the church.

The event featured a lineup of expert speakers, including a keynote address by Stewart McCullough, CEO of Stewardship, followed by panel sessions comprising leading representatives from the finance sector such as Carolyn Sims, Director of Lending at Charity Bank, Andy Ayim OBE, and Rodney Appiah, Founder of Cornerstone VC.

With an insightful and thought-provoking program, the summit delved into a wide range of topics, fostering dynamic discussions and offering practical guidance on navigating the financial landscape. Critical subjects included traditional approaches to accessing finance, exploration of innovative funding models, and the recognition of real estate investment as a means to address affordable housing needs. The summit shed light on the crucial role that churches play within their communities and emphasised the need for support in the realm of property ownership.

Sanmi Adegoke, CEO of Rehoboth Property International, stated, “We firmly believe that faith leaders can be catalysts for change in addressing the social needs of our communities. The Legacy Summit represents a significant step towards equipping church leaders with the knowledge and education necessary to access finance, enabling them to own their own buildings and undertake projects that create lasting impact within their communities.”

The success of the Legacy Summit underscores the urgency and relevance of addressing the financial needs of faith institutions. It has laid the foundation for ongoing collaboration, mentorship, and support networks that will continue to empower faith leaders as they navigate the intricate world of finance and property.

News Desk
News Deskhttps://www.businessmanchester.co.uk/
The Business Manchester News Desk team is a collective of experienced journalists and editors dedicated to delivering comprehensive business news and insights from the Manchester area and beyond. With a strong background in finance, technology, property, and innovation, our team ensures that our readers stay well-informed about the latest trends and developments in the business world. Through in-depth reports and insightful analysis, the Business Manchester News Desk team is committed to providing high-quality journalism to its audience.
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