Property investment platform offering 20% returns launches

"Young and inexperienced investors should be cautious of chasing high returns of up to 20 per cent.

"Any investment offering [returns] of 20 per cent clearly carries an extremely high risk of total loss and should only be considered as a very small percentage of a diversified portfolio.

"The best way to get on the housing ladder is to calculate how much you need for a deposit, put a realistic amount of your income towards that goal, and, assuming you are taking a long-term view, invest your deposit fund in diversified investments with potential to keep pace with house price growth.

"Losing money on very high risk loans to property developers will only make getting on the housing ladder even more difficult."