One of the founders of the online betting website Betfair is taking a punt on the continued success and popularity of buy-to-let from as little as £50. Ed Wray, founder of Betfair hopes to get lucky with his equity investment.
What does it do?
Property Partner allows investors to obtain direct exposure to the direct buy-to-let let and residential investment market and for them to hold directly a property investment in their portfolio without all the work involved in buying and managing property.
Is it different?
The latest venture is the latest addition to the property crowdfunding band wagon. Does it have a point of difference? Not really other than perhaps it has some well known backers when & if it launches.
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