What is Crowdahouse?
Crowdahouse is a peer-to-peer (P2P) 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 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 and you pay no fees as a lender.
When was Crowdahouse founded?
Crowdahouse was originally conceived in early 2012 as the world’s first property crowdfunding platform. We launched in 2012 as an equity fund for investors in UK property.
We’ve 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 inspired by our innovation. In 2015 most people have heard of crowdfunding and peer-to-peer (P2P) lending and we feel the time is right to re-enter the market.
We re-launched in 2015 with our simple peer-to-peer (P2P) model that allows business owners to lend money to other businesses with a first charge secured against property.
How does Crowdahouse select Loan Projects?
We’ve simplified the property crowdfunding process to bring you loan opportunities handpicked by our experienced professional property team.
The Crowdahouse Team have a combined 70 years of experience in property investment and financial products, including insurance and risk profiling. We source loan projects from within the property industry and apply our knowledge and contacts to ensure that each project represents an opportunity that we can offer you and our other Members.
We aim for full transparency, including disclosing any conflicts of interest that may apply, so that you are fully aware of and understand all the risks before lending to any project.
Unlike equity crowdfunding (buying property in a crowd or investing in risky start-up businesses), lending secured against property benefits from an extremely broad and open market with free tools available for anyone to carry out due diligence on a property before choosing to lend. You are strongly advised to perform these checks or seek independent advice before committing to a project.
Comparable information is available from many sources and we use the same Royal Institution of Chartered Surveyors (RICS) valuers that all banks and lending institutions use to value a property being offered for lending.
Is Crowdahouse authorised by the Financial Conduct Authority (FCA)?
Crowdahouse operates a business-to-business (B2B) only platform which does not involve Regulated Credit Agreements and does not need to be authorised by the Financial Conduct Authority (FCA).
Crowdahouse is currently only open to Members who are lending via corporate bodies (Limited Company).