Monday 24 October 2011

Expecting house prices to rise? Soon you'll be able to invest via your Isa | Mail Online

Expecting house prices to rise? Soon you'll be able to invest via your Isa | Mail Online

Savers who think house prices will rise in coming years could soon be able to invest in an index-linked Isa that tracks property values.

Castle Trust, which has applied for a Financial Services Authority trading licence, is set to launch something called a HouSA that pays investors returns based on house prices.

It will be the first time ordinary investors can tap into the UK's biggest asset class - residential property is worth an estimated £4trillion – without physical buying homes.

No comments:

Post a Comment