7 years ago

Dot: A New Way To Invest In Property

  • Dot, a new U.K

  • startup, aims to make it easy to invest in property without the hassle of taking out a traditional 'buy to let' mortgage

  • The company is founded by Gray Stern, who previously co-founded London-based Buy to Let mortgage lender Landbay

  • Dot's headline draw is that it makes property ownership a one-click affair via the “Dot Button” it wants to embed on property listings sites

  • Dot will acquire and manage the property on your behalf, advancing 70 percent of the purchase price in the form of its pre-approved or “instant mortgage”

  • Dot takes out buildings, contents and rent guarantee insurance

  • After those expenses, you receive monthly rent from the property, minus management fees and interest paid on your Dot mortgage

  • The property is moved into a passive investment structure: an SPV known as a “Dot Container”

  • When you're ready to sell, a Dot Container can move from owner to owner without conveyancing, and can be refinanced without requiring new mortgage documents.

      • ProblemFinancial Services

      "Buying and managing a property as an investment is difficult, requiring a mortgage, paperwork, and a lot of time. This makes it inaccessible to many people."

      Solution

      "Dot provides a one-click solution to buy and manage investment properties. It offers pre-approved mortgages, handles all aspects of property management, and makes the entire process simple and accessible."

      Covered on