Build Backer announced last month they were accepting early bird registration for their platform that investors to access opportunities in property for as little as £500. The company recently stated that their platform is now open to investors but still not fully live. The site states go live is scheduled for sometime in December. The company states that participating individuals may enjoy “the high returns and asset security given by traditional property investing but without the high capital outlay”. Build Backer is a debt – based crowdfunding platform where builders post the specifics of their loans.
The structure of the real estate crowdfunding platform allows investors to “reserve” the amount they would like to invest. Once the campaign closes successfully funds are transferred. Funds will be held in a regulated custodian for added security.
Build Backer was founded by Stamford, UK based entrepreneur Tom Ladds. He states:
BuildBacker notes the crowdfunding industry is one of UK’s fastest growing sectors. Build Backer views themselves as a unique participant.
In a recent blog post Build Backer shared their opinion as to why crowdfunding property is the future. The bullets are as follows:
Management does not believe traditional financing is going away – it is just going to be rather smaller.
Posted from : http://www.crowdfundinsider.com/2014/12/58667-buildbacker-believes-crowdfunding-future-property-investing/