You won’t be asked for any money to fix a leaky tap or unblock a drain. There is a boost fund on each property investment, which is usually 1% of the purchase price per annum (please check each individual investment case as this may vary) and raised in the initial fund amount to cover any unexpected costs.
The provision fund should sufficiently cover any unforeseen costs for the full term and is put in place to prevent profits being affected by unforeseen costs. In the unlikely case that a boost fund is fully used within the term then any smaller costs afterwards would be deducted from the sales profit or rental income before the remainder is distributed to shareholders.
For larger costs, the properties are covered by our own bespoke insurance policy or, if necessary, we can cover any uninsured costs via an interest free loan to the SPV. This means we can replace a roof or repair any malicious damage without a direct cost to the investor. If any of the above does occur, you will be kept informed every step of the way.
Buxton, Derbyshire, SK17
Wymondham, Norfolk, NR18
Targeted Annual Yield
Deal, Kent, CT14
JaeVee is a trading name of Estateducation Ventures Ltd (FRN797322), which is an Appointed Representative of Prosper Capital LLP, which is authorised and regulated by the Financial Conduct Authority (FCA) (FRN453007).
Estateducation Ventures Ltd is registered in England & Wales with company number 10172481. The registered office of the company is Studio 9 Netherconesford, 93-95 King Street, Norwich, NR1 1PW.
Estateducation Ventures Ltd (10172481) undertakes both regulated and unregulated business. Business activities described in the ‘Invest’ section of this website are considered regulated business. All other sections are considered unregulated. Note that senior debt and mezzanine finance is arranged by Teal Finance Ltd (registered in England and Wales no. 11305739), which is not authorised and regulated by the Financial Conduct Authority.
JaeVee © 2020 • All rights reserved.
Investing in JaeVee involves risk, including loss of capital and illiquidity and it should be done only as part of a diversified portfolio. Investments made through JaeVee are not covered by the Financial Services Compensation Scheme (FSCS). Please read our full risk warning before deciding to invest.
Capital at risk. Read more.