12:49 PM, 8th January 2014, About 10 years ago 21
With the ever increasing popularity of peer to peer lending sites like Zopa, Ratesetter, Rebuilding Society etc, why has some enterprising group come up with a way of participating in the burgeoning rental sector for those without the resources or time to commit to a full BTL of their own? I’m sure many would jump at the chance of earning 8, 9, 10 or more % on part of their savings, plus the possibility of a substantial capital gain, rather than suffering the paltry rates offered by the traditional banks or building societies. Investors could club together, from a minimum investment of, say £1000, to buy into a property portfolio starting at £100,000-500,000, each receiving an appropriate % of rental income and capital gain at the end of the investment period ( 5 years?).
I would jump at the chance, and would welcome feedback from others keen to join in this market without committing £100-£200k to a single property investment and all the personal time commitment that goes with it.
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