Can this lending buy-to-let startup help agents sell more homes?

Tag: 苏州皇冠温泉水会699

first_imgHome » News » Can this lending buy-to-let startup help agents sell more homes? previous nextProducts & ServicesCan this lending buy-to-let startup help agents sell more homes?Dot says it will do all the legwork of acquiring and managing buy-to-let properties for landlords via a single button on agents’ websites.Nigel Lewis29th May 201801,733 Views A buy-to-let finance start-up founded by the entrepreneur behind crowd-funding mortgage firm Landbay says it wants to help agents sell properties faster and in greater volumes.Officially launched this week after being set-up in November last year, Dot offers agents and developers a one-click buy-to-let purchase button for their ‘properties for sale’ listings (see mock-up above) which, the company’s claims suggest, could offer an antidote to the current sluggish sales market.Dot says its online button removes most of the barriers to property investment for buyers and will only be added to properties that are suitable for landlords.After clicking the button, investors will be offered the opportunity to buy the property on the spot if they put down a 30% cash deposit via Dot.The company then buys the property and pays all the purchase costs and Stamp Duty on their behalf, organises a mortgage and then, after furnishing it, pays a monthly income to the buyer.Buy-to-let businessWhat’s not clear yet is who will manage the properties on the investor’s behalf – Dot or the agent who sells it – as many combined sales and letting agents often manage the rental properties they help sell.Dot is the brainchild of Gray Stern (pictured, above), who in 2013 co-founded peer-to-peer lending platform Landbay and Fraser Armstrong-Watters,  who until recently headed up the operations and finance arm of online estate agent Settled.Stern clearly wants to emulate the success of Landbay which, although it has only a small market share of the UK buy-to-let lending market, recently revealed that sold 130 mortgages worth £26.8m during the first three months of this year.“Dot enables anyone with a 30 percent deposit to become a professional property investor instantly, with none of the hassle of being a landlord,” says Stern.“Every Dot Container comes complete with a pre-approved mortgage, insurance, legal/conveyancing, tax compliance and reporting, lettings and management, furnishings and everything else required to turn that property into a compliant, well-managed and good-looking rental home.”Dot Funding Ltd,  the company behind Dot,  has so far received £1.5 million in pre-seed venture capital  funding from a US investment firm.Read more about Landbay.Gray Stern P2P lending property investment Landbay p2p peer to peer lending acquiring buy-to-let homes crowdfunding Dot May 29, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more


Tag: 苏州皇冠温泉水会699

first_img View post tag: middle east Sailors from tanker RFA Wave Knight saved all ten people aboard a stricken pleasure craft off Oman in a dramatic night-time rescue. The 70ft Princess Melisa was taking on water and in danger of capsizing in the northern Arabian Sea when the auxiliary came to her aid.All ten souls aboard her were plucked to safety by the crew of the tanker RFA Wave Knight as they rushed to respond to the boat’s mayday call in the dark on Saturday night.The tanker, which provides fuel and sustenance to Royal Navy and other Coalition warships operating in the region, was the first vessel on the scene, co-ordinating with two SH60 Seahawk helicopters from the American carrier USS John C Stennis.They found the 70ft Princess Melisa taking on water and in danger of capsizing in rough seas after her hull was holed.Wave Knight’s boat recovered the captain and his nine crew of Indians and Kenyans. They were subsequently transferred to an Omani Coast Guard vessel off the country’s north-east coast.The tanker’s Commanding Officer Capt Chris Clarke RFA said the Princess Melisa’s crew were safe and generally well, albeit a little shell-shocked after their ordeal.“Once again, the mettle and stamina of my ship’s company has shone through,” he added. “This was another highly-professional job, executed in challenging circumstances. They should feel very proud of themselves.”[mappress]Naval Today Staff, January 17, 2012; Image: Royal Navy January 17, 2012 View post tag: Pleasure View post tag: Oman View post tag: Stricken View post tag: all View post tag: News by topic View post tag: save Share this article View post tag: Navy View post tag: Wave Knight View post tag: crew Back to overview,Home naval-today Oman: Wave Knight Sailors Save All Crew from Stricken Pleasure Craft View post tag: craft View post tag: sailors Oman: Wave Knight Sailors Save All Crew from Stricken Pleasure Craftlast_img read more


Tag: 苏州皇冠温泉水会699

first_imgAs Creame dela Creame of African football stakeholders converge on Egypt for this evening CAF awards, former international Daniel Amokachi says he can hardly wait to see who gets the gong. The Bull who touched down at the Hurghada Airport in Egypt some hours ago left no one in doubt that he is upbeat ahead of the award billed for 9pm tonight. “Hallaaa If U Hear Mee… Landed Hurghada Airport, Can’t Wait to Know Who the Next African King Is 2020” he enthused Past winners of the prestigious award are expected to grace the occasion even as soccer fans across the continent have continued to make permutations over who between top favorites Mohammed Salah and Sadio Mane should emerge victorious at the event.Advertisement Promoted Content5 Of The World’s Most Unique Theme ParksThe Highest Paid Football Players In The World7 Theories About The Death Of Our UniverseYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime14 Hilarious Comics Made By Women You Need To Follow Right Now9 Best Movie Robots Of All Time10 TV Characters Who Were Destined To Become IconicBest Car Manufacturers In The World10 Risky Jobs Some Women DoCouples Who Celebrated Their Union In A Unique, Unforgettable WayWhat Happens To Your Brain When You Play Too Much Video Games?Which Country Is The Most Romantic In The World? Liverpool duo of Salah and Mane who gets the gong tonight? The winner is however expected to emerge in a less than an hour from now. Salah and Mane who both play for Liverpool are locked in chase of the coveted gong. Read Also CAF Awards 2019: Kanu reunites with Wenger in Cairo While Salah is gunning for a third victory Mane is eyeing his very first after making it to the finals back to back. FacebookTwitterWhatsAppEmail分享 center_img Loading… last_img read more


Tag: 苏州皇冠温泉水会699

first_imgChampions Asante Kotoko have confirmed to JOY Sports the team will continue their pre- season training at Winneba in the Central Region before the new premier league starts on October 7.The Kotoko team has moved from Adukrom in the Eastern Region to Winneba in the Central Region as they continue preparations for the demands of next season.The porcupine warriors for the past two weeks have been camping at Adukrom in the Eastern Region where the team have been playing series of trial matches.Kotoko have the league title to defend and a strong CAF Champions league campaign is envisaged.According to Listowell Burkason who is the spokesperson of Kotoko, the change of training venue is part of the strategy to getting the team ready for the new season.“The technical team did advise that according to plan we needed to move in terms of the weather conditions and how they want to build up to the premier league season”. He told JOY Sports“We have done two weeks in Adukrom and now we are moving to Winneba on Thursday for the rest of the camping”.last_img read more


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