Information Technology & Services - , England, United Kingdom
Propnology is an innovative, property crowdfunding platform, allowing individuals to invest, from as little as £500, into a range of residential and commercial property investment opportunities, throughout the UK.Each property is held within its own private limited company and retained for a pre-defined period of between 3 and 10 years, depending on the specific opportunity. Throughout the investment term, income is paid to investors in the form of monthly or quarterly dividends.The platform removes the barriers to entry, previously associated with buy-to-let and, in the wake of the recent legislative changes, provides a realistic and viable alternative form of property investment.The company was launched at the end of 2015, following approval from the Financial Conduct Authority (FCA) to offer investment arranging services and is only the second, property-based equity crowdfunding platform to have secured this status.
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