Property Partner review shows that Property Partner is United Kingdom – based real estate crowdfunding marketplace. So far over 13000 investors have already invested more than 131 million in pounds.
Property Partner was born out of frustration with the buy-to-let market. Buying an investment property is more like starting a business than making a simple investment. And recent government tax changes have made it uneconomic for the majority of individuals. Property Partner allows you to diversify your investment across properties you choose so you can take your view on where and when to invest with as much or as little as you want. You also have the ability to offer your investment for sale whenever you want, with the added protection of firm opportunities to exit at fair value.
Property Partner™ is the trading name of London House Exchange Limited, which is authorised and regulated by the Financial Conduct Authority (No. 613499). London House Exchange Limited (No. 08820870) and its wholly owned subsidiary, Property Partner Nominee Limited (No. 09060483), are both limited companies registered in England and Wales with registered office at 55 Baker Street, London, England, W1U 7EU. London House Exchange Limited is wholly owned by LHE Holdings Limited (No. 125065), a limited company registered in Jersey with registered office at 44 Esplanade, St Helier, Jersey JE4 9WA.
Key facts about Property Partner
Estimated annual returns: Up to 10%
Loan security: Real estate as collateral
Provision fund: No
Buyback guarantees: No
Registered investors: 13000+ in May 2019
Minimal investment: £50
Time to become invested: not specified
Time needed managing: Low
Regulation: FCA regulated company
Country of operation: UK
Defaulted loans: N/A
Borrowers verification: By the platform
Accepted currencies: £
Accepts investors from: EU
Property Partner Review: Pros and Cons
– FCA regulated platform
– Investments backed by real estate
– Auto invest tool
– More than 13000 investors using their service
– Secondary market to buy and sell property shares
– User friendly website
– Some properties are leveraged with mortgages, increasing risk
– 2% investors fee
– Risk if Property Partner stops paying on the mortgages
Zopa, RebuildingSociety, Ratesetter
Property Partner review: What I have experienced so far
Firstly, some words about opening account at Property Partner. As the company is FCA regulated you have to go through the short survey in order for them to evaluate your news about the investing. It took just a few minutes and I was all set to go further.
Secondly, some facts about my experience at Property Partner. Property Partner offers a wide range of investments ranging from property shares to development loan bonds. Property Partner acquires property (often with mortgages) then offers the property shares to investors. It’s important to think of Property Partner as an equity site rather than a peer to peer lending company. The properties are held inside individual SPV companies registered at Companies House. Yields on deals outside of London tend to be more attractive. Annual returns start from 2.5% on investments. When you invest in development bond loans, you are essentially lending money to a property developer to build, so I prefer to invest in the property shares. There is a 2% fee for any purchase but no fees to sell. Rental income is paid monthly and accrues from the time that you make the purchase. New listings appear on most Wednesdays and you can buy property at any time on the resale market.
All in all, Property Partner is a solid P2P crowdfunding platform from UK. More than 13000 investors are using their service so far and it offers to earn up to 10% annual returns by investing into real estate. The platform is supervised by the FCA.
Property Partner review is written by Tomas Medeckis