Property investment

[cravethatcoin]

propertypartner.co looks very interesting.

So you need to deposit a minimum of £250 to get started? Then I can invest that £250 as I see fit?

[blackadder]

1 hour ago, cravethatcoin said:

propertypartner.co looks very interesting.

So you need to deposit a minimum of £250 to get started? Then I can invest that £250 as I see fit?

I think the investment plans are £1000 min,Couldn't find what the min was for the normal bit.Where did you see the £250?

[Michal]

My problem with reits and similar is ROI. I know that it is hassle free 4.5% but it is not enough to convince me to tie up my money.

[Bluenitsuj]

7 hours ago, cravethatcoin said:

propertypartner.co looks very interesting.

So you need to deposit a minimum of £250 to get started? Then I can invest that £250 as I see fit?

Yes that is correct. 

[HighlandTiger]

8 hours ago, cravethatcoin said:

propertypartner.co looks very interesting.

So you need to deposit a minimum of £250 to get started? Then I can invest that £250 as I see fit?

You are correct, the initial investment is £250, you can split that into as many pieces as you want, After that you can invest any amount. 

[HighlandTiger]

6 hours ago, Michal said:

My problem with reits and similar is ROI. I know that it is hassle free 4.5% but it is not enough to convince me to tie up my money.

Money isn't tied up, as there is a highly active secondary market. I know from experience, because I sold several thousand pounds of my shares and had my money in the bank within 24 hours. It's also a way of locking in capital profits.

[SilverTanner]

Property Partner have just announced a change to their fee structure - now a monthly fee and an Assets Under Management Fee (1.2% for holding under £25K and 0.7% for holding over £25K). Also a provision fund for each property to cover unforeseen expenses rather than temporarily suspending or lowering of the dividend as happens now.

I suppose this was always going to happen given the nature of property investment and the need to grow the business as the 'new listings' have been getting less and less - reason given was due to the uncertainty of Brexit which I suppose is the case - sub £1million properties seem to still fill quickly though, whereas larger amounts seem to struggle once they get above this level.

Although I still like the PP model and the diversification and simplicity it offers for a 'small investor' I now have to decide do I try and get to the £25K holding to reduce the fee which would mean stopping buying coins for a long while  (and I just know that the 2 key coins I am missing will then make their once in 20 years appearance at auction!) or go back to VHYL in an ISA???? My SIPP provider did the same a year or so OK and one of my ISA providers several years before that. Could just be a pile of sovereigns instead

[SilverTanner]

The account fee is £1 +VAT per month.

Reading the info a bit more the 0.7% fee is only on the portion above £25K rather than the whole amount.