3rd August 2015 Crowdahouse

Crowdahouse Relaunches

Crowdahouse Relaunches with Secured Lending Model

Our story

Back in 2012 Crowdahouse created the world’s first crowdfunded property fund – the Crowdahouse Pioneer Fund. This was a truly innovative product allowing anyone to join a crowd and own investment property together.

The only problem was that in 2012, despite confirmation from our compliance advisors, the Financial Services Authority (FSA) wouldn’t tell us whether our crowdfunding model was acceptable to them.

For us, this was a serious issue. My co-founder also ran an FSA-authorised firm and we decided the risk of going to market with our Crowdahouse Pioneer Fund was unacceptable. We wanted to protect our Members’ interests as investors, which would have been impossible.

In September 2012, a Sunday Times feature brought us to the attention of a major international investment bank and so, because of the risks of crowdfunding, we continued working with private investors on our own property projects.

We have been closely monitoring the fast moving crowdfunding market and witnessed the explosive growth of property crowdfunding in particular – with most of the founders of today’s platforms having been original Crowdahouse Members and inspired by our innovation. In 2015 most people have heard of crowdfunding and P2P lending and we feel the time is right to re-enter the market.

A new model

Most of the platforms that followed Crowdahouse also adopted our original model of individuals joining together to buy property – so-called ‘equity crowdfunding’.

We realise that you don’t need the hassle of ownership in a crowd. You just want to be able to profit safely from property.

Now you can participate as a crowd in short and medium term secured lending to property professionals.

Business to business* lending

Our new model is incredibly simple.

You can lend money via a limited company secured with a first charge over the property, just like a bank.

For more information please see here or contact us directly.

 

  • Gary Corben

    CEO and Co-Founder of Crowdahouse.com

    Gary Corben
  • Gary Corben

    CEO and Co-Founder of Crowdahouse.com

    Gary Corben

About Crowdahouse®
Crowdahouse is a business-to-business (B2B) property crowdfunding platform lending to business borrowers, always secured against property. Instead of lending to individuals, we’ve reduced the risk by offering you the chance to lend only to property businesses. You join a crowd to lend money in return for interest on your money. Your loan is secured with a first charge over property, just like a bank, and you pay no fees as a lender.

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