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Post by propio on Aug 20, 2018 9:04:05 GMT
Hi all, We’re here to introduce Propio.com a new crowdfunding website allowing you to invest in property from just £1,000. Investors can choose whether to allocate their money to loans or development opportunities which are all secured against property, meaning that the values would have to fall significantly (in some case by up to 60%) for you to lose your money. Development opportunities which build value and allow investors to share in the profits have up until now been inaccessible to everyday investors. Whilst they are inherently more risky than secured loans, they have the opportunity to deliver substantial returns of up to 20%. For a limited time, we’re offering new investors the chance to get a £100 bonus when they invest in our latest opportunity, Orchard Street. Just enter the code ‘ORCHARD100’ at sign up.
If you need any more information, feel free to give us a call on 020 3740 6030 or email info@propio.com. Many thanks, The Propio Team Investors should be aware that the value of their investment can go down as well as up and past performance cannot guarantee future performance. Investors capital is at risk and investors may not get back what they invest. For a full explanation of the risks involved, visit Propio.com/key-risks.
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cb25
Posts: 3,528
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Post by cb25 on Aug 20, 2018 9:16:14 GMT
Hi all, We’re here to introduce Propio.com a new crowdfunding website allowing you to invest in property from just £1,000.
Is Propio (the trading name of Invest With Prop Limited) regulated by the FCA ?
Website suggests it is NOT, only that Sapia Partners LLP is:
"Propio is the trading name of Invest With Prop Limited, an Appointed Representative of Sapia Partners LLP, which is authorised and regulated by the Financial Conduct Authority (550103) (further information is available at www.fca.org.uk/register"
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SteveT
Member of DD Central
Posts: 6,875
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Post by SteveT on Aug 20, 2018 9:20:40 GMT
Hi all, We’re here to introduce Propio.com a new crowdfunding website allowing you to invest in property from just £1,000.
Is Propio (the trading name of Invest With Prop Limited) regulated by the FCA ?
Website suggests it is NOT, only that Sapia Partners LLP is:
"Propio is the trading name of Invest With Prop Limited, an Appointed Representative of Sapia Partners LLP, which is authorised and regulated by the Financial Conduct Authority (550103) (further information is available at www.fca.org.uk/register" Presumably in the same way that Huddle is authorised and regulated as an Appointed Representative of ReBS, as opposed to having secured direct authorisation.
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cb25
Posts: 3,528
Likes: 2,668
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Post by cb25 on Aug 20, 2018 10:09:03 GMT
Is Propio (the trading name of Invest With Prop Limited) regulated by the FCA ?
Website suggests it is NOT, only that Sapia Partners LLP is:
"Propio is the trading name of Invest With Prop Limited, an Appointed Representative of Sapia Partners LLP, which is authorised and regulated by the Financial Conduct Authority (550103) (further information is available at www.fca.org.uk/register" Presumably in the same way that Huddle is authorised and regulated as an Appointed Representative of ReBS, as opposed to having secured direct authorisation. Dunno, as I don't use Huddle either
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Mike
Member of DD Central
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Post by Mike on Aug 20, 2018 11:15:38 GMT
Am certainly in favour of more equity-structured investments. Not completely convinced I would have like Putney enough to invest but I hope there are more in the pipeline with varying funding source set-ups.
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elliotn
Member of DD Central
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Post by elliotn on Aug 20, 2018 13:23:30 GMT
Presumably in the same way that Huddle is authorised and regulated as an Appointed Representative of ReBS, as opposed to having secured direct authorisation. Dunno, as I don't use Huddle either Thankfully, you do now.
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Post by propio on Aug 23, 2018 9:27:44 GMT
Hi all, We’re here to introduce Propio.com a new crowdfunding website allowing you to invest in property from just £1,000.
Is Propio (the trading name of Invest With Prop Limited) regulated by the FCA ?
Website suggests it is NOT, only that Sapia Partners LLP is:
"Propio is the trading name of Invest With Prop Limited, an Appointed Representative of Sapia Partners LLP, which is authorised and regulated by the Financial Conduct Authority (550103) (further information is available at www.fca.org.uk/register" Hi Cb25, You are correct in pointing our that Propio is an appointed representative of Sapia Partners who are authorised and regulated by the Financial Conduct Authority. This means that we are indirectly authorised by the FCA and that all our activity falls under FCA regulation. This also means that we have Alternative Investment Fund permissions allowing us pool money in a compliant way. Hope that helps answer your question.
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Post by propio on Aug 23, 2018 9:30:10 GMT
Am certainly in favour of more equity-structured investments. Not completely convinced I would have like Putney enough to invest but I hope there are more in the pipeline with varying funding source set-ups. Hi Xell, Great to hear that you are looking to participate in equity-structured investments. We've got a few more in the pipeline, so we'd suggest that you sign up to the platform, then you'll receive email alerts on our latest investments. Many thanks
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littleoldlady
Member of DD Central
Running down all platforms due to age
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Post by littleoldlady on Mar 1, 2019 12:44:23 GMT
ISA now available but transfers in not yet. This is a pity as I only want to use it for previous years cash ISAs.
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Post by wearepropio on Mar 1, 2019 16:05:01 GMT
Hi littleoldlady,
Thanks for adding to the thread.
ISA transfers are something that we're working on and hope to have this up and running soon. We'll keep the thread updated when this happens.
In the meantime, we've got a special offer for anyone on P2P who fancies giving us a try. Invest £100 via an ISA before 5th April and we'll add £25 to your investment. Just use code 'P2P25' at sign up.
If you do try us, we'd love to hear any feedback you have about our site and the investment process as we're always trying to improve our product. And if you don't want to try us, we'd also really like to know why! Feel free to drop us a note at info@propio.com
Best wishes, The Propio Team
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Post by wildlife2 on Mar 1, 2019 17:18:52 GMT
Do we have to pass some test and also show photo ID to join?
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Post by wearepropio on Mar 4, 2019 9:56:33 GMT
Hi Wildlife2,
We are subject to FCA regulation so are required to ask you a short quiz before you invest.
As part of our recent changes, in most cases, we are able to automatically verify your identity using your name and address - meaning sign up takes a couple of minutes.
Best wishes, The Propio Team
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littleoldlady
Member of DD Central
Running down all platforms due to age
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Post by littleoldlady on Aug 28, 2019 18:34:28 GMT
They have taken the site down and stopped taking new investments. What's going on?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329
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Post by ilmoro on Aug 28, 2019 19:40:46 GMT
They have taken the site down and stopped taking new investments. What's going on? It's planned. Still accessible to existing customers.
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