Joining K1

If you like what you’ve seen here, and you want to find more about cohousing and K1, please contact us to arrange a one to one meeting. We do recommend that you also come to one of our social events. We usually hold these once a month, on a Saturday or Sunday at the end of the month.  Please contact us to find out when and where the next one is.

Our fortnightly meetings are open to observers and are on the first Monday of every month at Orchard Park Community Centre and the third Wednesday of every month at Makespace in town. Please see our events page for details and do let us know if you are thinking of attending. As these meeting can be quite technical we do recommend that you contact us first.

If you’ve met us, like us and are thinking “yes, K1 is for me” then please read below for the steps you need to go through to become a member.

To join you need to:

  • Meet us; come to an event, a meeting, or a social.
  • Ensure you know what cohousing entails.
  • Understand your obligations as a Member of our company, Cambridge Cohousing Ltd, and agree to be bound by the Articles of Association.
  • Ensure you understand the financial commitments (see below).
  • Ensure that there is a property available and that you are “purchase ready”. You cannot become a members unless you are able to reserve an available property.
  • Contact us for a membership form and details of how to reserve a property.

The financial commitment:

Our company, Cambridge Cohousing Ltd has contracted professional support (legal and project management services) to help us progress the project, at a cost of around £51,000.  All members who reserve or purchase a property are required to pay their share of these costs prior to reservation and the cost of fitting out the Common House kitchen. The amount is set by the board of directors of CCL, informed by consensus decisions by members. It currently stands at £2100 per member.

This investment is non-refundable once a property is reserved.

  1. The CCL the membership fee is £250 per household plus the investment fee of £2100. The membership fee gives you ONE vote per household.
  2. To reserve a property at K1 Marmalade Lane you will be required to pay a reservation fee of £1000 to TOWNhus, followed by a 10% deposit on exchange of contracts (target date end of 28th Febuary 2018). Balance on completion is due on 1st June 2018 (current confirmed date). Both the reservation fee and the deposit are deducted from the agreed sale price of the home.
  3. Before moving in, all members will be required to pay the first year’s service charge in advance, which will be the normal service charge (estimated at £500 to £1000 per year) plus an additional £1000 (estimated) in the first year only, to equip and furnish the common house and other communal areas.
  4. Don’t forget to budget for stamp duty on your chosen property.

Please contact us if you have any questions.

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