UK Property Syndicate

In message , Toby Gunner writes

It would not be wise to do this with people you neither know, nor have any relationship of trust with.

What exactly is the problem ? Why sometimes & not others ?

Err - have you heard of self cert mortgages ?!

Like any other business, it's only viable if there is sufficient demand or the competition is poor. Try using the services offered by these people as a base -

They are the most professional property investment people I've come across. These people used to organise syndicates - Daytona (Landlord & tenant)

Try buying at auction. Properties in some areas start at 10k or less.

If you want to pool the risk, consider a property based investment trust.

If you want people to send you money for you to "look after", take a hike.

In article , Toby Gunner writes

Syndicates are common, but they mainly invest in commercial property - which comes in larger chunks and demands bigger bucks. Solicitors, accountants and IFA's pull together resources from clients but they tend to set up trusts or limited partnerships.

Limited companies are shunned because they are taxed and the owners then have to pay another lot of tax on the dividends. LPs don't pay corporate tax. And they can gear up, making property investment that much more attractive.

It becomes even more tax-efficient to structure these through a Self Administered Pension Fund [SIPP] but that certainly rules out residential, which is barred by IR rules.

Buying commercial is probably a better bet than residential anyway at the moment. Despite the recent interest rate rise, there is still a big gap between borrowing rates and rent yields.