Investors poised to inject thousands into property platforms
Investors are sitting on an average of more than £37,000 each in investment capital that they are poised to inject into property either directly or through platforms, research claims.
Property investment platform Brickowner polled users about their investment intentions as the Covid vaccine continues to be rolled out nationally.
Asked how much money they had “allocated to invest into property via platforms or direct”, the average response was £37,345.
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People were also asked to state what type of investment would interest them, with the most popular emerging as residential (67 per cent), followed by commercial (48 per cent) and, in third place, care homes (42 per cent).
“The pandemic is very likely to have had a chilling effect on the enthusiasm of property investors over the last year – but there are real reasons for optimism,” Fred Bristol, chief executive of Brickowner, said.
“First, it’s clear from surveys like ours that investors have not lost their love of property and want to invest.
“Second, we are already seeing early signs of a turnaround that may be linked in part to the successful vaccine roll-out, a key precondition for the re-opening of the UK economy.”
He said activity on Brickowner’s platform has risen dramatically since the start of 2021, with the amount invested in first two months of the year almost double that of the final two months of 2020.
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