CrowdLords is a new crowdfunding site, offering people the chance to invest in property, whether as a landlord or simply as a hands-off investor.

Let’s take a closer look at how it works.

How it works for landlords

CrowdLords offers landlords the chance to raise funds for a property investment without having to go to a bank and take out a buy-to-let mortgage. Instead you rely on crowdfunding to get you the cash you need.

You identify the property that you want to invest in. This may be a standard purchase, but CrowdLords will also look at things like developments and refurbishments.

You’ll need at least £5,000 …