5 ways to raise money for property investment

You're interested in investing in property, but you don't have the lump sum you need to get started. Here are five ways people raise money for a first property investment. Not every way will work for you.

1. Remortgage your home

Some people release equity from their own home to invest. Your mortgage payments would go up, and your home is at risk if you can't keep up repayments, so take advice first.

2. Friends and family

Family members or friends may be willing to help. Make sure you have a proper plan in place, and take legal advice on how the arrangement is set up.

3. A side income

Selling goods online, offering your skills or other part-time work can help you save towards a deposit.

4. A joint venture partner

A joint venture is a business arrangement in which partners agree their roles and share the risks and rewards. Both parties must understand what is expected of them and be legally protected by a contract.

5. Sell your belongings

Many of us own things we no longer need. Clearing them out can add to your deposit.