Crowdahouse Presents Crowdasafe™
Crowdasafe is our 2-Step protection to ensure your money is safe when lending to Borrowers
Secured Via A First Charge
This kind of first charge security is safe enough that banks and lending institutions use it every day when lending against property.
'Hands Off 'Debt Recovery
Automatic debt recovery processes kick in if the Borrower defaults. Pre-determined process to take control of the property from the Borrower. Costs will be paid from the Borrower’s equity.*
Equals Added Protection For Your Money
Crowdasafe adds a further layer of protection by working on your behalf to recover your money if anything goes wrong.
How does Crowdasafe work?
Step One. Your Loan is Secured Against Property at a maximum Loan to Value of 85% of the RICS valuation.
Step Two. ‘Hands Off’ Administration. A Professional will be appointed to take control of the property and recover Lenders’ money.
- Pre-determined process to take control of the property from the Borrower
- Professional Administrator on standby to step in and carry out the tasks necessary
- Costs will be paid from the Borrower’s equity*