yours2share, the innovative website helping people to share assets now has over 2000 members and is going strong within these economically turbulent times.
Sophie Garrett, 45, who set up yours2share after spotting a gap in the market for renting out her property on a weekend only basis said: “More and more people are looking to share their assets, whether it’s a boat, car, land, home horse, or even handbags. Our members seek income from items they don’t use all of the time, which are of use to someone else. Other members are looking of ways to own luxury items or have the use of items which they cannot afford outright.”
Commenting on major trends seen over the last six months Sophie said: “The main trend is that people with second homes or with space within their primary residence are considering ways of creating some income or releasing some capital by fractional renting or selling a share in their property. Many members have suffered a considerable reduction in income, particularly due to the collapse in share prices and the reduction in income from savings.”
She continued: “Fractional rental is attractive to these members because they don’t want permanent lodgers, or a stream of holiday lets. They want to know who they are letting to, effectively vetting them as suitable, and they will accept a smaller income on a monthly basis in return. In fact many prefer a lower but defined income to the sporadic earnings of holiday lettings.”
She added: “Other key trends we are seeing include strong interest in for land sharing and dog sharing. In the city, more people are looking for weekday or Monday-to-Friday lets and rental sharing of second homes.”
The website which has seen a dramatic increase in new members over the last six months is easy to use and post an ad. Whilst the majority of ads are from people who want to sell or let a fractional share, ads from people looking to buy or rent, or create a new sharing syndicate, get an excellent response.
Notes to Editors:
yours2share is a website for private individuals to buy, sell or rent shares in valuable assets, or create new syndicates. This enables people to see all the options in one place, and allows them to take control and create bespoke sharing arrangements. yours2share is totally independent. It doesn’t sell any of the valuable assets, finance or insurance, so it offers an objective view of the industry.