Posts with tag: residential investment

New property investment platform launches

Published On: September 8, 2017 at 11:54 am


Categories: Property News

Tags: ,,,

A new FCA authorised residential property investment platform has been launched today – focusing solely on the construction of new homes.

Homegrown is to enable retail investors to access residential development projects alongside institutional investors and is targeting average net returns of 15% per annum. The minimum investment permitted is £500 per project.


The platform is only to invest in pre-vetted and fully underwritten residential developments that have already received planning permission and bank finance.

Then, Homegrown is to add its own layer of due diligence , which will include analysing financial assumptions and reports, undertaking sensitivity analysis and investing in projects with developers with a strong track record.

The firm’s aim is to raise funds available to mid-size developers and to ‘democratise property investment, which historically has been restricted to high net worth and institutional investors.’

Homegrown is to focus its activities on urban areas when there is heightened demand – most predominantly in London and the South East.

New property investment platform launches

New property investment platform launches

Everyday Investors

Anthony Rushworth, CEO of Homegrown, commented: ‘Homegrown is about giving everyday investors access to the often superior development returns that are typically only available to professionals and institutions. It also helps them to do their bit in solving the housing crisis by providing property developers with much needed equity finance.’

‘We also like to think we’re filling a major hole for many UK investors left by the buy-to-let exodus. With the raft of tax changes imposed on it, buy-to-let is no longer the investment it was and investors are increasingly looking for alternatives. Homegrown, by contrast, does away with the reliance on rental yields and long term property market growth.’

‘Crucially, the developments we put on our platform have already been underwritten and approved by some of the sharpest minds in the business, and we take the cream of that crop.’

‘There are clearly risks involved with property investment but we work hard to de-risk our investments as much as we can. The platform also provides investors with an opportunity to easily diversify their risk by spreading their investment across a number of developments which are being added to our platform all the time.’[1]





Buy-to-let mortgage products rise in Q1

Published On: April 15, 2016 at 8:51 am


Categories: Finance News

Tags: ,,,,

The total number of buy-to-let mortgage products available in Britain rose substantially in the first three months of 2016.

Data from the latest Mortgage for Business index reveals that residential landlords with a limited company were particularly spoilt for choice.


An increase in product numbers aimed at limited company mortgage seekers saw the total of buy-to-let mortgages rise from 963 in Q4 of 2015 to 1,105 in the opening quarter of this year.

In addition, figures from the report show that remortgages outstripped purchases for all property types, except HMO’s, where purchase numbers were marginally higher.


David Whittaker, managing director of Mortgages for Business, noted, ‘with tenants looking for less expensive accommodation and landlords looking for higher yields it is no surprise that the number of HMO purchases has risen in the last quarter.’[1]

‘Even though remortgage transactions were higher this is not to say purchase numbers were down,’ Whittaker continued. ‘All types of residential investment showed a marked increase in the number of purchase transactions as investors rushed to beat the 3% stamp duty surcharge deadline.’[1]

Buy-to-let mortgage products rise in Q1

Buy-to-let mortgage products rise in Q1

The Index also shows that rental yields for semi commercial property also increased in the opening quarter of 2016. This made it the second biggest yielding property category.

Mr Whittaker forecasts that the number of buy-to-let landlords buying semi-commercial property will rise in the upcoming months. He believes this is due to the fact mixed-use properties are classed as commercial premises and will not be subject to the increases in Stamp Duty surcharges.