Crowd Funding raises over £100,000 in

Crowd Funding raises over £100,000 in

15:51 PM, 18th May 2016, About 8 years ago

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The recent Crowdfunding campaign launched by has just exceeded £100,000.

The initial target was £125,000 and once this figure is exceeded the Directors have an option to close the campaign and take the funding or to over-fund and dilute their own share capital.

Several Property118 members have contributed to the equity based crowd-funding and will receive shares in the company in return. It is envisaged that now that over  80% of the fundraising target has completed the campaign will attract far more interest and close quickly.

If you were holding off your investment, now is the time to commit before it is too late.

For details of the crowdfunding pitch on the Seedrs platform please CLICK HERE

Chris Sheldon, the Managing Director of will be pleased to answer any questions from Press and/or prospective investors. His personal mobile telephone number is 07970 987385

Several Property118 Members already utilise the services of Letting Supermarket, details of which are as follows:- provide a comprehensive property letting and management service for just 4% of rent (+VAT) which includes

  • Visiting your property to take particulars
  • Setting up a system to store your documentation securely, online of course so that it can be accessed at any time and wherever you are
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  • Organising viewings at times which are convenient for prospective tenants
  • Referencing tenants and guarantors
  • Getting an inventory and schedule of condition prepared by an AIIC qualified inventory professional
  • Using the correct Tenancy and Guarantor Agreements
  • Taking meter readings on check in and check out and informing utility companies of tenancy change over
  • Protecting deposits and serving prescribed information and tenancy deposit certificates within 30 days of the commencement of each new tenancy
  • Arranging annual Gas Safety Certificates
  • Checking rental payments are received on the due date and taking appropriate action if they are not
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  • Check Out at the end of the tenancy
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For an additional £10 a month plus VAT per tenant (guarantors are not charged) rent guarantee and legal protection insurance is also included.

Is it really worth the hassle of doing all this yourself for that price?



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