The House Crowd MD receives One to Watch accolade
The House Crowd, a UK based real estate crowdfunding platform, is celebrating after its managing director received a commendation at the North West Entrepreneur Awards.
Frazer Fearnhead was named as a ‘One to Watch’ in the Property Entrepreneur category.
Frazer said: “It was already a true honour to be recognised alongside all the other superb business people highlighted by these awards, and to be commended by the judging panel was fantastic!
“I’m sure all my fellow shortlisters would agree that leading a business successfully takes the support of a dedicated and hard-working team, and with The House Crowd I am fortunate to have a talented group of people all pulling in the same direction. We are going from strength-to-strength.”
The business was also shortlisted in the Most Entrepreneurial Company of the Year award.
The House Crowd was set up in 2012 when Frazer spotted an opportunity to democratise the property market through crowdfunding. Since then the business has raised more than £5million pound from investors.
His previous business success includes The Armchair Property Investor, a business set up to help amateur property investors. In three years, it sold more than £40m worth of investment property and was bought by Braemer Group Plc in 2007 for £2.25m.
Frazer added: “There is a revolution happening, aided by the interconnectivity of the digital era, that is giving power back to the people and creating a global community that can interact with each other, cut out big institutions and join forces for the common good. I am incredibly proud of what we have, and will achieve.”
The House Crowd states its platform has raised £5.4 million to date crowdfunding 85 properties.