Manchester property crowdfunding, the House Crowd, is celebrating five years of operations having raised more than £44 million since it launched it 2012. According to the platform, the House Crowd now serves over 15,000 investors who have received over £9 million in returns. The House Crowd received the ‘Crowdfunding Platform of the Year’ award at this year’s inaugural Property Wire Awards, in recognition of its position in the alternative finance industry.
Frazer Fearnhead, founder and CEO of The House Crowd, said they set out to make property investing as accessible as possible. Fearnhead said they had accomplished this goal.
“Despite having to fight through reams of red tape to make it happen, property crowdfunding is already worth £700 million a year in the UK with numerous other platforms having followed in our footsteps,” said Fearnhead. “We’ve got the most experienced team available, and now provide a range of investment options to help investors diversify their portfolios. With our own developments underway, we’re enjoying helping to get Britain building and look forward to another active five years.”
Fearnhead also shared he had published a book entitled “The Alternative Guide to Property Investment”. The book describes the property investment process and is now available on Amazon.
The House Crowd revealed several recent platform events, including;
- Recently hiring its first Chief Technology Officer, Chief Marketing Officer and new business development managers, taking its staff count to 20.
- Funding its own multi-million pound new build developments to help get Britain building. The House Crowd has evolved from buying £50,000 terraced houses to offering a range of investment products, from equity crowdfunding to peer to peer lending.
- Introducing a specialist bridging finance service, including the planned launch of HC finance and HC investments websites.
The House Crowd allows smaller investors access to UK property investment beginning at £1000.