RISING PROPERTY COSTS MEAN BRITONS CANNOT AFFORD TO INVEST IN BRICKS AND MORTAR

Property Moose offer London property investment from just £500

A new form of crowdfunding now makes it possible for people of all ages to get onto the London property ladder. Property crowdfunding specialist, Property Moose, has launched its first London home in which investors can purchase a share for as little as £500.

Via Property Moose’s simple online platform, investors can not only view the property but also have visibility of the amount of investors, the amount invested to date and the projected rent and net return. Offering complete clarity and a calculator to advise on potential returns, investors can take advantage of property investments through crowdfunding, i.e. funding each property through the investments of a group of unrelated people.

This enables people to invest for as little as £500, offering an alternative to traditional investments such as stocks and shares. In addition, Property Moose covers every major buy to let area of the country, allowing investors to build a diverse portfolio quickly and easily through the power of the crowd.

The property, part of an existing portfolio of 34 houses, is being purchased for £425k. It is a three bedroom townhouse in Purley, part of the London suburb of Croydon, which has been hotly tipped as a property uber hot-spot[1]. With the average London salary coming in at just under £30k[2], a property of this type in such a desirable location is otherwise inaccessible. In fact, recent research has found that first time buyers now need a combined salary of £142k to purchase property in the capital[3].

“Recent research predicted that by 2025, only a quarter of 20-39 year olds will own their own homes. Through property crowdfunding, we’re giving people back control over their investments and offering them a property investment opportunity that for many, would not be possible in the current buy-to-let market,” comments Andrew Gardiner, founder of Property Moose. “We make sure that all investors are in full control of their investment every step of the way through our innovative online voting system and give them the opportunity to enjoy monthly income as well as any capital growth.”

“Adding a London property means we can now offer our members the chance to diversify their investments across every area of the country – something that we believe is unique in the property crowdfunding market and something our investors enjoy about the platform.”

About Property Moose

Founded in 2013, Property Moose is one of the UK’s leading property crowdfunding platforms, helping investors pool their resources to buy residential properties.  The company’s founders self- crowdfunded £170,000 to provide working capital for the business and were one of the fastest funded pitches of the time, raising 280% of their target. Since then, they have received venture capital investment from AXM Venture Capital. The Property Moose team preselect an exclusive selection of properties for their strong investment potential, which members can invest in for a predetermined length of time, typically two to five years depending on the property. Property Moose properties are overseen by a management company for the term of the investment, which rents them out to generate a monthly rental income for investors. When the property is sold, all the investors share in any capital growth.

Property Moose has over 5,000 registered investors across 49 countries and has funded over £3 million of property to date.

For more information, please visit www.propertymoose.co.uk

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.

[1]http://www.londonlovesbusiness.com/property/residential-property/where-to-buy-property-in-london-in-2015-and-2016/9624.article

[2]http://www.kpmg.com/uk/en/issuesandinsights/articlespublications/newsreleases/pages/affordable-housing-further-out-of-reach-says-kpmg.aspx

[3] http://uk.businessinsider.com/go-compare-research-minimum-salary-to-buy-a-london-flat-with-a-mortgage-2015-11