AMP Bank teams up with Bricklet to help property buyers overcome the deposit barrier

AMP (ASX: AMP) has teamed up with Australian fractional property ownership platform Bricklet to give property buyers without a deposit a leg-up into the market.

Under the agreement, AMP Bank will provide loans to owner occupiers who have secured their deposit through the Bricklet shared-equity platform – an innovative startup venture that gives investors a slice of the property pie.

The Sydney-based Bricklet, which was founded by Darren Younger in 2019, is an online marketplace that offers investors a fractional equity stake in properties.

Read More: https://www.businessnewsaustralia.com/articles/amp-bank-teams-up-with-bricklet-to-help-property-buyers-overcome-the-deposit-barrier.html