Property lender Shojin has reduced its minimum investment threshold to £1,000, from £5,000 previously.

The lending platform has made the change in order to make property investing more accessible to new investors, and to help existing investors diversify their loan portfolios.

Earlier this year, Shojin temporarily lowered its minimum investment to £1,000 to allow for smaller investments towards the end of the UK tax year and during the 2023/24 ISA window. Following positive feedback from the investor base, the reduction has now been made permanent.

“Historically real estate investment, especially real estate development, was really the preserve of the very wealthy because you need a lot of capital and a lot of knowledge to invest in that space,” said Jatin Onhdia (pictured), co-founder and chief executive of Shojin.

“And really that’s what Shojin was trying to change – it was trying to make this more accessible to everyone and we’ve done this using Shojin’s unique business model.

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“When we first started our minimum investment was £100,000 per investor per transaction. That gradually came down to £50,000 and then it came down to £5,000. Now today I’m really excited to share that we’re dropping that minimum to £1,000.

“This feeds into Shojin’s grand vision of making real estate investment more fair, transparent and accessible for everyone.”

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Ondhia added that the new investment minimum will not change the fundamentals of how the company raises funds for projects.

“We will continue to carry out detailed project monitoring and management, and provide regular updates and reports to investors,” he said.

“We will continue to put all of our investors first, whether you’re investing £1,000 or £100,000.”

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