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New crowdfunding opportunity based around property investment

Quanta is the latest property crowdfunding opportunity to hit the headlines. It is looking to raise £3 million by offering UK investors the chance to get involved in buying, renovating and selling properties from the safety and comfort of their living rooms.

The idea is believed to be the first of its kind and will see money lent to Quanta through Crowdstacker, a peer-to-peer lending platform. The money will be used to buy good quality but neglected properties throughout the UK, with the main aim of restoring them to their former glory and then selling the homes on at a higher price.

It differs from other crowdfunding opportunities as nothing will be held as a buy-to-let, with the goal instead to only keep properties for an average of three months to minimise costs and maximise returns. 

Quanta, which has been operating for nearly ten years in the UK, has over 500 refurbishment projects in its locker. Investors are invited to lend from £700 upwards, with a 6.8% return payable in quarterly investments. Anyone investing before 24th June 2015 will be able to take advantage of an early bird offer and an extra six weeks’ interest.  

“This opportunity is ideal for anyone who hankers after getting involved in property development, but has neither the time nor the money to do it by themselves,” Edward Stevenson, director of Quanta Group, said. “We believe we are the first investment of this type to show investors exactly how their money is being spent including details on every property we buy and sell - even addresses and the full story behind the refurbishment.”

He added: “Perhaps we are risking creating some competitors in the future, but we want investors to be able to learn from our expertise by watching how we do what we do. We would be proud to be the building blocks to help people not only get on the property ladder, but also know how to capitalise on the opportunity.”

Crowdstacker, which agreed to feature the opportunity after carrying out due diligence on Quanta’s business, is one of the UK’s first peer-to-peer lending platforms to secure direct authorisation from the Financial Conduct Authority (FCA).

“Crowdstacker isn’t about fly-by-night start-ups or pie-in-the-sky entrepreneurs,” Karteek Patel, CEO of Crowdstacker, explained.  “We curate only what we consider to be better opportunities for people looking to lend money to businesses for compelling, yet sensible, rates of return.”

“Quanta is a great company to lend money to,” Patel added. “They work hard, they’re passionate about what they do, and they have a fantastic track record for doing it well.”

  • Algarve  Investor

    An interesting idea. Increasingly, plenty of investment seems to be taking place through various crowdfunding platforms. They've been around for a few years but they seem to have really taken off in the last 12 months for so. I still don't know if they're a short-term fad or something that is going to stay around for the long-term.

  • Karl Knipe

    Nice idea, but I'm also unsure about whether this crowdfunding craze is just that - a craze - or something that is going to be with us for a while until the next trendy idea comes along. I think people also need to realise that property investment isn't easy or without risk. You see these adverts on the TV or the Tube extolling the virtues of property investment and the rewards it can bring. While these rewards can be great, property investment isn't a one-way ticket to untold riches. It takes a lot of hard work, capital, commitment and a fairly large dollop of luck to succeed.

    People shouldn't be put off property investment, but neither should we be encouraging everyone to do it. People need to know what they're getting into before they commit.

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