In a move billed as being the first of its kind, investment company Hearthstone Investments has been granted permission to launch a residential property fund. The company says that it wants to offer investors the chance to tap into the £4,000bn residential property market which exists in the UK.
The fund, which Hearthstone hopes will achieve £250m within 24 months of going live, will be available for those with ISAs and self invested personal pensions.
Property investment offers an alternative form of investment compared to stocks and equities. Adding property to an existing portfolio can provide diversity and a degree of protection.
An alternative to investing in the new fund is to buy and rent out properties of your own. With a residential property management team, as well as cheap landlords insurance it is possible to make a decent return on your investment too.
The Insurance Octopus is experienced in dealing with UK landlords in both the commercial and residential sector, including insuring property portfolios with free policy amendments to insured portfolios. Call us today to speak to one of our professional, specialist advisors. We can provide you with no-obligation quotes that are created according to your specific insurance needs as we compare quotes from over 20 top UK Insurers.