Users of the platform were polled about their investment intentions as the national Covid vaccine, a key part of the UK’s roadmap out of lockdown, continued and asked how much money they had “allocated to invest into property via platforms or direct”, the average response was £37,345.
Users were also asked to state what type of investment would interest them, with the most popular emerging as residential (67%), followed by commercial (48%) and, in third place, care homes (42%).
The average annual return they were looking for was 8.4% and the average most desired fixed term was two years** and eight months, according to the survey of 126 investors.
Fred Bristol, Brickowner’s co-founder and CEO, said: “The pandemic is very likely to have had a chilling effect on the enthusiasm of property investors over the last year – but there are real reasons for optimism.
“First, it’s clear from surveys like ours that investors have not lost their love of property and want to invest. And, second, we are already seeing early signs of a turnaround that may be linked in part to the successful vaccine roll-out, a key precondition for the re-opening of the UK economy.
“Activity on Brickowner’s platform has risen dramatically since New Year. In fact, the amount invested in the first two months of 2021 was almost double that of the last two months of 2020.”
