Crowd-funded HMO/buy to let – new business opportunity?

Crowd-funded HMO/buy to let – new business opportunity?

12:49 PM, 8th January 2014, About 10 years ago 21

Text Size

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. Crowd-funded buy to let

Thoughts?

Derek


Share This Article


Comments

Leigh Coulam-Kelsall

17:59 PM, 12th January 2015, About 9 years ago

Derek

As the owner of a HMO property I recently looked at options to raise funds against the property via the crowd funding route. Although there are companies out there offering this I have failed to find one that allows me to promote my own property and attract investment. We have potential to receive £35k in rental income from one property and I was willing to offer a good return and capital growth to investors but there is not a platform for this direct involvement - is there?

Leave Comments

In order to post comments you will need to Sign In or Sign Up for a FREE Membership

or

Don't have an account? Sign Up

Landlord Tax Planning Book Now