Property management company LOWE announced today that it will be donating 10% of all its profit to St Mungo’s, a UK charity that seeks to end homelessness and rebuild lives.
LOWE is a property management company that aims to provide affordable, inspiring places for the valuable younger generations to live and thrive in. Tim Lowe, founder of LOWE, explained how the ambitions of St Mungo’s align with the values of LOWE:
“The desperate availability of affordable housing options is having a profound effect on society. Over the last five years, homelessness has increased by 50%.”
He continued: “We strongly support any organisation that is helping alleviate problems from the current housing crisis, and the work that St Mungo’s does in supporting those who have been left with no home is truly heroic.”
Hayley Conboy, Corporate Partnerships Manager at St Mungo’s also commented on the partnership:
“We have been extremely impressed with Lowe Cost Guardians’ commitment to providing, quality affordable housing solutions for many Londoners. Their generosity will go a long way to helping people who are homeless and at risk. I am sure this is just the start to a longstanding relationship.”