Rat and Mouse
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Wed
31
Aug
Opromark's first trade

Remember, back in June, we reported on the launch of an interesting new internet trading facility for shares in buy-to-let properties? Opromark allows investors to purchase shares for as little as one pound - with rent and capital gain then being divided up pro rata. The news this morning is that the company has just made its first sale - a one-bedroom terrace cottage in the Leeds suburb of Horsforth, which sold to 65 different investors, and is now known as LS184JZ1 - a company with tradable shares. As a means of getting some action on a limited budget, or reducing the risk of investment in a single property and a single area, it made sense to us then, and (even considering the substantial fees) it makes sense to us now.


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