Reit takes aim at buy-to-let

An investment trust has been launched to gain exposure to the buy-to-let market without taking on property costs.

The UK residential real estate investment rust, managed by Mill Group Residential, holds a portfolio of properties and can be accessed by sophisticated retail investors using a crowdfunding platform.

David Toplas, chief executive of Mill Group Residential, said: “With house prices disappearing out of reach for would-be buyers in several parts of the country and mortgage rates expected to rise in 2015, rental demand and landlords’ incomes are going from strength to strength.”

Article continues after advert

The minimum investment through crowdfunding platform SyndicateRoom is £1,000, and investors can hold REIT shares in Isas and self-invested personal pensions.