Investors are increasingly retreating from traditional cash Individual Savings Accounts (ISA) in favour of the recently launched Innovative Finance ISA (IFISA), according to a recent poll.
An Innovative Finance Isa, or IFISA, can be an attractive alternative for investors who want their ISA money to work harder than cash, and who would prefer to avoid the turbulence of the stock market. The IFISA makes it really easy to invest in the property market.
Companies are helping young people get a financial stake in property, which sounds like a good thing – but these are the risks.
Shojin Property Partners has secured over £2.1m for development projects with predicted annual returns between 20-25%, six months after launching its property crowdfunding platform.
How do you invest in property without buying a home? Brits are falling out of love with the property market. A recent report from Rathbones found that more than half of investors now take a pessimistic view on the sector.
Shojin Property Partners is the newest entrant into the property crowdfunding space. The London based, FCA regulated crowdfunding platform was officially opened on 27th September 2017.
The company has seen a 20% rise in millennials aged 18-30 investing in property crowdfunding projects since launching the platform last year.
The share of buy-to-let (BTL) lending decreased to 12.5% in June 2017 – the lowest percentage since Q3 2013 – which has led to calls from a property expert for investors to utilise crowdfunding to fund investment.
The weak pound is helping drive an increase in international investors accessing the UK property market via crowdfunding, says Shojin Property Partners.