Property crowdfunding specialist, Property Moose, has launched a product to provide people the chance to gift their loved ones a slice of property this Christmas. With 37 per cent of people in the UK previously receiving Christmas gifts that they did not want or use, property offers the ideal alternative for those looking for a gift for the future.
This year, families are expected to spend an average of £796 celebrating Christmas, with £596 of this spent on presents alone. However, a survey revealed that a substantial amount of money spent at Christmas was wasted; in fact, UK adults have previously squandered £2.4 billion on uneaten, discarded food and unwanted gifts.
A gift usually considered out of reach, property can offer the ideal alternative for a loved one who already has everything or as an ideal investment opportunity for friends or that budding property mogul. In addition, property investment through Property Moose enables the receiver to take full control of the investment, with a tangible gift that returns a monthly income and potential the benefit of capital growth.
Andrew Gardiner, founder of Property Moose comments, “We believe investing in property can be a great gift alternative for loved ones this Christmas – instead of giving someone an unwanted gift, why not give them the chance to invest in their future with a share of a property investment?”
Property Moose’s simple online platform can also take the stress out of shopping. With a selection of properties available to invest in, all properties are specifically chosen by the expert Property Moose team, to ensure each one has prime letting opportunities as well as potential forecasted growth.
With gifts available from £25, investors can spread their capital across individual properties, allowing them to create a diverse portfolio more easily. By doing so, parents can help invest in their child’s future which could later help them with expenses such as university fees.
“Christmas is just around the corner and British shoppers have already begun the spending frenzy; especially with the recent shopping days including Black Friday and Cyber Monday. Now is the time to consider where you’re spending your money to ensure you buy a present that not only excites on Christmas Day, but offers someone a gift that could keep on giving,” adds Andrew Gardiner.
Risk warning: Investing in property involves risks, including illiquidity (the inability to sell assets quickly or without substantial loss in value), lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. There is no secondary market available meaning that these securities are illiquid. Your capital is at risk. Past performance and forecasts are not indicative of future performance.