Manchester property crowdfunding platform celebrates five years of growth

Manchester property crowdfunding platform celebrates five years of growth

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Frazer Fearnhead

Hale-based property crowdfunding platform, The House Crowd, is celebrating five years of growth, having raised over £40million in capital since its 2012 launch.

The House Crowd was the world’s first property crowdfunding platform, and now serves over 15,000 investors who have received over £7.1 million in returns.

To mark its fifth birthday, The House Crowd has been investing in the next stage of business growth. This includes:

–          Publishing its first book on how people can build their wealth through property crowdfunding, including tips on spotting a great investment opportunity.

–          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 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 2 peer lending.

–          Introducing a specialist bridging finance service, including the planned launch of HC finance and HC investments websites.

Frazer Fearnhead, founder and CEO of The House Crowd, said: “We set out to make property investment accessible to as many people as possible, and five years on we’ve done just that.

“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.

“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.”

The House Crowd is a property crowdfunding platform that enables people to invest in property for as little as £1,000. Crowdfunding allows investors to pool resources with other like-minded investors, spreading risk over multiple projects and investment types.