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TODAY'S OTHER NEWS

Property Partner sees improved confidence for investment

Crowdfunding platform Property Partner has reported that investment sentiment appears to be improving amongst investors.

According to its latest surveys, 81% of investors are planning to maintain or increase the amount they invest in the next six months. This is up from 74% in October last year.

The number planning to decrease the amount they invest in the next six months has almost halved to 6%.

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Unsurprisingly, Brexit and uncertainty in the UK property market this is causing was cited as a major reason amongst investors who are unsure of how they will invest and those planning to decrease their investment in the next six months.

But despite this, 19% of investors who are unsure or looking to decrease their investment levels cited personal circumstances as another major reason. Some 39% claimed such personal reasons as having new babies, moving home, increased cost of living or simply wanting to use their cash for something other than investing.

The data was collected over two surveys; the first conducted in October 2018 gained 450 responses, while the second conducted in April 2019 gathered 481 responses.

Property Partner allows investors to diversify their investments across multiple properties. The platform now manages over 100 tenanted units valued at over £135 million.

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