https://www.uown.co/ it seems like you give them money in exchange for shared ownership of property. in their little example they show you putting in £1 on a house and getting £1.14 at the end of the yeah - seems legit! what do people think about this? I've had a look and, they forecast for a 5 year investment of £5000 (2500 shares in two sample properties - complete with addresses) I will see a return of £1113.70 from the increase in value of the property (expected) and £1556.43 from rent apparently. giving me back £7670.13 after 5 years. all this for a £100 (2%) fee?? seems far too good to be true
edit: found a bit more info.
2% INITIAL FEE We take 2p from every £1 you invest to set up the investments. 10% + VAT MANAGEMENT FEE This is deducted from gross rental income and covers all the day-to-day running of a property. 0.5% YEARLY FEE To cover ongoing costs of running the platform, we charge 0.5% of the property value. This is taken from the rent and is already accounted for in the yield figures. NO FEES WHEN YOU SELL Any profit made from cap
Submitted October 02, 2017 at 04:52AM by RossFromBritain http://ift.tt/2x9uUuu
