How long does it take to revalue a property?
Feb 15, 2018 12:40:53 GMT
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propertycalf likes this
Post by davids on Feb 15, 2018 12:40:53 GMT
Suspension of Secondary Market
The secondary market was introduced 15-months ago, at the end of October 2016, to provide an opportunity for liquidity for longer-term investments and was designed to be there as a backup and not to be relied upon.
With the introduction of MiFID II and GDPR, the continued operation of the secondary market requires detailed legal and regulatory analysis which introduces significant costs and uncertainty. As such, and following feedback, we are removing the secondary market for all investments from midnight on 28th February 2018. You can read more HERE. We appreciate this is a big change so please see below for more important points, and to see how we aim to deliver value to investors as soon as possible.
Some properties (the HMOs) were removed from the Secondary Market in October 2017. You can read about those HERE.
The link goes to their blog dated 17th December if you want to find out more
I'm also not a fan of increasing minimum investment to £100, as a result that's probably me not investing anymore with PM, Atleast not in the very near future
The secondary market was introduced 15-months ago, at the end of October 2016, to provide an opportunity for liquidity for longer-term investments and was designed to be there as a backup and not to be relied upon.
With the introduction of MiFID II and GDPR, the continued operation of the secondary market requires detailed legal and regulatory analysis which introduces significant costs and uncertainty. As such, and following feedback, we are removing the secondary market for all investments from midnight on 28th February 2018. You can read more HERE. We appreciate this is a big change so please see below for more important points, and to see how we aim to deliver value to investors as soon as possible.
Some properties (the HMOs) were removed from the Secondary Market in October 2017. You can read about those HERE.
The link goes to their blog dated 17th December if you want to find out more
I'm also not a fan of increasing minimum investment to £100, as a result that's probably me not investing anymore with PM, Atleast not in the very near future
