Brent Sheather: Property syndicates – bad value, poor disclosure, great fees

Post the financial crisis of 2008 central banks around the world have decided that low interest rates are necessary to save the world and, according to the Bank of England, are here to stay for a good deal longer.

Unfortunately there are unanticipated side effects of low interest rates and one of those is that they tend to incentivise investors to do things that they wouldn’t otherwise do, with taking on more risk at the top of the list.



Mum and Dad investors are being urged to invest in property syndicates with forecast pre-tax returns. Photo / iStock