“Property Partner” new crowd funding property platform

March 24, 2015

Property Partner only fully lauched this January and it is  just days ago the Crowd Funding property business attracted a further  £5.2m  of Investment, Founder and CEO Daniel Gandesha says it will be a “stock exchange” for property assets,   Gandesha also goes on to say, it will give smaller backers the chance to invest sums as small as £50 in buy-to-let properties listed on the website.

Property Partner has already received backing from the likes of Betfair co-founder Ed Wray and private equity veteran Jon Moulton in a £1.25m funding round led by venture capital arm Octopus Investments last year, Octopus were involved in previously backing Zoopla. The most recent investment is led by Index Ventures one of Britain’s best known venture capital companies, in the past they have backed the likes of  Asos, Funding Circle and Transferwise, the co-founder Neil Rimer will be  joining  the board as will Ed Wray.

The website currently lists properties in London and the South-East of England. The properties are selected by Director of Property, Robert Weaver, RBS’ former Global Director of Residential Investment, who previously ran a £500m residential property fund. Daniel Gandesha  appears on video on the website where he explains the concept and how the idea was born, and says ” But we’re at the beginning of our journey” I will be watching with interest over the coming months and will be keen to see how it evolves. The website is active and  as of today’s post 7 properties are listed,  www.Propertypartner.co

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Guy Fawkes Night set to fizzle out for UK households

Firework Night set to fizzle out as 97% of UK households won’t buy fireworks and 7 in 10 want to see them banned As many as 97% of UK households won’t be buying fireworks to set off at home this Bonfire Night, while more than seven in 10 believe private fireworks displays in residential gardens…
Read More →
Breaking News

Budget tax raid could hit landlords for £3,500 a year

Budget tax raid could cost landlords almost £3,500 a year as property income tax rises Landlords could face almost £500 in additional annual tax per property, rising to nearly £3,500 across an average portfolio, following the Autumn Budget decision to double the previously planned increase in property income tax rates from April 2027. New analysis…
Read More →
Estate Agent Talk

Upfront information: homebuyers want confidence as much as speed

What movers want from upfront information, and it isn’t only speed Having a survey, legal pack and chain details before making an offer would help more than eight in ten respondents, according to LRG’s latest sales report Of the 553 who answered the question, 41% said they would offer with more confidence, although not necessarily…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

How Financial Anxiety Drains Entrepreneurial Energy

Financial anxiety can consume the attention and stamina that business owners need for planning, problem-solving and leading a team. A late payment, an unexpected tax bill or a weak sales month may trigger worry long after working hours have ended. Over time, that mental strain affects sleep, concentration and confidence. The answer starts with creating…
Read More →
Letting Agent Talk

How to future-proof a rental property for changing tenant expectations

Over the past decade or so, tenants have become far more discerning. For more and more people, renting is a long-term prospect and today’s tenants expect their homes to be as safe and comfortable as any home they would own themselves. And as legislation around standards and health and safety in the private rented sector…
Read More →
Breaking News

More than a third of homes undergo price reduction

The latest research from GetAgent.co.uk has revealed that more than a third (34.4%) of homes sold subject to contract (SSTC) across Britain’s major cities have undergone an asking price reduction, with this figure climbing to more than half in Bournemouth, raising questions over whether sellers, and their agents, are pricing their properties realistically when first…
Read More →