Type: Peer-to-Peer (P2P) Property Lending
Peer-to-Peer (P2P) Property Lending - geography: United Kingdom
CO. no.: Na.
Regulated as of: 2015
Regulator: Financial Conduct Authority
Regulation: The House Crowd Limited (FRN 711355) is an appointed representative of Prosper Capital LLP (FRN 453007) (?Prosper?). Prosper is authorised and regulated by the Financial Conduct Authority.
The House Crowd is a unique new way you can invest small amounts of money in property via crowdfunding and receive a great return on your investment.
It?s about investing together and sharing together.
It?s straightforward, transparent and best of all doesn't involve the banks. There's no need to raise a deposit, no need for a mortgages, no expensive arrangement fees and no property finder's fees.
Description: Frazer started his career as a lawyer in the music industry. He has been investing in property since 1994 and working with other investors since 2003, helping them invest in over£50,000,000 worth of investment property along the way.
He is an award-winning entrepreneur, founder of The Armchair Property Investor (which he sold in 2007 for £2.25M) and founding director of The House Crowd, the world?s first crowdfunding platform for property investment.
Property crowdfunding platform The House Crowd has secured £700,000 from investors just four weeks after the launch of its share offer.
The funds of £700,000 were realised for an equity ownership of 3.5 per cent of the company, in line with the valuation pitched to BBC?s Dragons? Den earlier this year.
Frazer said: ?Despite the Dragons of not to invest earlier this year, today?s news shows that our loyal investors believe in what we?re doing and want to be a part of the journey to the next level.