HOMESTEADS LIMITED 165 



philanthropic companies found they had to deal 

 viz., townees, or stray semi-cultivators with a little 

 capital. 



HOMESTEADS LIMITED. 



Foremost amongst these at the present time are 

 Homesteads Limited, who are perhaps best known 

 for their estates near London, which are purely resi- 

 dential. But their operations are extended in very 

 wide areas, and they possess estates for reselling 

 in Berkshire, Wilts, Shropshire, Oxfordshire, Dorset- 

 shire, and Hampshire. It is noticeable that, although 

 the repayment by instalments is on fairly easy terms, 

 and that there are absolutely no restrictions on the 

 freehold, a bona fide local agriculturist is seldom a 

 purchaser. The customers are, almost without 

 exception, drawn from a distance, or if local people, 

 belong to the ' retired ' class with some capital, or 

 others who buy for purely residential purposes. 



The terms of Homesteads Limited are as follows : 



The company are prepared to sell any lot to suit 

 the purchaser's requirements. The land is all tithe 

 and tax free, and is conveyed free, with immediate 

 possession. The price varies according to situation 

 from 20 to 45 an acre. The terms of payment 

 by instalments are as follows : 



* 10 per cent, deposit, and the following easy 

 payments per first of every month to pay off each 

 100 of principal and interest in a number of 

 years : 



