Logotype of CrowdProperty

CrowdProperty

Earn 8%p.a. first-charge secured returns, tax-free through the CrowdProperty ISA.

  • LicensedLicensed
  • LendingLending
Average yearly return  
8.04%
Total funded  
USD 56.12m
Total projects  
115
Active projects 
0

CROWDPROPERTY REVIEW

Crowdproperty Overview

Crowdproperty is a peer-to-peer lending platform specialized in loans to small real estate developers. It was founded in Birmingham in 2014 by Mike Bristow, Andy Hall and Simon Zutshi. The three co-founders came from the real estate sector and have extensive experience in the selection and management of real estate portfolios.

We can say that CrowdProperty is a premier lender offering rigorously selected real estate projects that are always backed by the security of the first load. In fact, it has an impressive track record of repaying loans and paying 100% interest to investors. 

In terms of the company's solvency and soundness, in addition to its excellent track record, the company has closed a £1.1 million round of capital funding. The campaign was conducted on the Seedrs crowdfunding site, with contributions from 575 investors and a premoney valuation of £15.7 million.

CrowdProperty, led by CEO Michael Bristow, strives to be transparent and provide maximum information to both borrowers and investors. They do this by verifying each of their loans with an independent company, Brismo, which is the market-leading provider of loan performance data, acting as a trusted third party and auditing the entire lending process.

As a result of its commitment to transparency, the company received Fintech's 'Best Data Clarity' award from the well-known Fintech Altfi portal. Or the fact that it is the only real estate project platform elected to the board of directors of the Peer2Peer Finance Association along with Funding Circle, Zopa and 5 other industry leaders. In addition, the platform is also a member of the UK Crowdfunding and UKPA (UK Proptech Association) associations.

In summary, we can say that CrowdProperty is aligned with the best operating practices and the highest ethical standards in the industry.

Crowdproperty website

The company's website looks very professional, attractive and well designed. It includes general information about the company and some statistics on loans to date for visitors. On their website they indicate that they have financed 600 properties worth almost £100 million. With more than 7,000 investors who have lent almost 40 million and of whom almost £14 million have been repaid. 

The only negative point is the difficulty in finding more detailed information on how the registration, loan and investment process works and the different options: loans, autoinvest, IFISA. Perhaps it would be good if they added a 'Learn' section to help those less experienced investors.

Customer Service

If before we said that sometimes it is difficult to find information on your website, what, however, must be highlighted very positively is the customer service of CrowdProperty, which will solve us by phone or email any questions or incidents we have. The three co-founders are joined by a team of 30 people, more than enough to provide excellent customer service to CrowdProperty investors (as well as borrowers).  

One example of this good work on their part is their five-star rating on Trustpilot. Those who have invested in multiple projects are satisfied with the service they have received to date and say they have enjoyed good returns and regular updates on the progress of their investments. 

Advantages and disadvantages

+ Advantages Crowdproperty

  • Authorised by the FCA and regulated since 1 November 2017
  • Founded in 2014 and with proven experience
  • 100% return on investment
  • Simple registration process
  • 1st legal charge for security
  • Annual profitability target of 8%.

- Disadvantages Crowdproperty

  • No repurchase guarantee
  • No secondary market 

CrowdProperty registration and conditions for investors

Registration with CrowdProperty is not limited to UK citizens, but is limited to EU citizens who can provide proof of residence in the EU. Therefore, only European Union citizens can invest. 

In addition, the platform requires its European investors to have a bank account with an English entity. Fortunately, you don't have to live in the UK to open a bank account there and many banks, especially online banks, don't ask for proof of address to open an account. 

Once registered, potential investors can review the projects that have been approved by the CrowdProperty team on the live projects page and select which projects they would like to invest in, committing an amount. Investors deposit cash into their ISA portfolio or transfer funds from pre-existing ISAs. Upon completion of the project, the principal and interest are returned to the investor for reinvestment or withdrawal. The CrowdProperty team keeps investors up to date by sending regular updates as new projects are put online and by organizing informative webinars to assist in decision making. 

Is it safe to invest in Crowdproperty?

CrowdProperty's real estate experts thoroughly evaluate and carry out a rigorous Due Diligence on each project proposal, examining the developer as well as the background of its partners. Each project must meet a criterion of 25% return on cost and loans do not exceed 70% of the LTV (Loan To Value) and for larger loans, loans are staggered in tranches.

In addition, the platform only makes loans on those properties in which it can register such loans as first load, so that in case of default it has preferential right over the property.

Should I invest?

Perhaps the best example of the good work they are doing in CrowdProperty is the speed at which they close each and every opportunity they publish on their website, completing 100% of each project in just a few minutes. It is clear that their community of investors has full confidence in the platform.

Please share your thoughts! (Leave a Comment)

Are you considering CrowdProperty but still have unanswered questions? Or maybe you are a seasoned CrowdProperty investor, and you have a clear picture of the platform? Go ahead and post your questions or opinions below!

SUBMIT NEW REVIEW

In order to rate the platform you need to be registered

GENERAL INFORMATION ABOUT CROWDPROPERTY

CROWDFUNDING TYPE

Types offered
EquityEquity
LendingLending
DirectDirect
CryptoCrypto
Real Estate Assets offered
SingleSingle
MultiMulti
RetailRetail
OfficeOffice
HotelHotel
IndustrialIndustrial

ABOUT CROWDPROPERTY

CrowdProperty is a specialist property peer-to-peer lending platform facilitating loans between private individuals and UK professional property businesses. Actual property development and investment experience lies at the heart of the business meaning hands-on, expertise-led due diligence and loan monitoring. Lending is focused on the SME property developer market, a key segment for supplying much needed UK housing stock, which is poorly and inefficiently served by traditional funding sources. CrowdProperty is authorised and regulated by the FCA, is an HMRC approved ISA / IFISA manager and is the only property development specialist platform on the Peer-to-Peer Finance Association (P2PFA) membership, the leading industry body in UK peer-to-peer lending, which in many respects is at the forefront of the development of peer-to-peer lending globally.CrowdProperty recently became the first and only property development/bridging P2P lender to become Brismo Verified, independently validating CrowdProperty’s market-leading performance, showing significant outperformance of Brismo's UK P2P Index.

CrowdProperty facilitates debt-based, asset-backed loan contracts between Investors and Borrowers via our online platform. Investment funds are from retail investors. CrowdProperty exists because we match the supply and demand of capital far more efficiently than traditional lending institutions, thereby giving both Investors and Borrowers a better deal.

We are solving major pains being experienced on both sides of our marketplace. On the one hand, property professionals are receiving appalling service from traditional funding providers, especially in terms of ease, speed, expertise and access to decision makers, all of which are pivotal to our proposition. On the other hand, the general public are mostly getting sub-inflation returns on their savings – according to the Bank of England there is £1.3tr in savings accounts earning on average 0.8% interest. The big reason we can offer higher returns of 8% is because of our structural cost advantage. We don’t have the high cost bases of traditional lenders, which include, for instance, branch networks, origination costs, legacy IT systems and regulatory cost of capital. We have purpose-built technology underpinning both very efficient and expertise-led systems and processes. Additionally, if we introduce interest rate changes, it is always applied to both sides of the marketplace. The CrowdProperty ISA then adds a tax-free cherry on top of the cake.

Additionally, this UK has a housing supply crisis and whilst the Government identifies small and medium-sized developers developing smaller parcels of land as a crucial part of the solution, traditional lending institutions either won't lend or make it very hard to borrow, despite significant demand. We know this because as property professionals, we've been there. We understand these frustrations through decades of personal investing and developing experience through multiple economic cycles.

As a result of our superior understanding, extensive hands-on experience, expertise-led due diligence and insistence on securing each project with a first legal charge, we have a 100% capital and interest payback track record.

CrowdProperty is different because we:

  • Have a 100% track record in repaying Investors’ capital and interest
  • Have no outstanding loans that are late in any way. This is based on ‘late’ being defined as any active loan going beyond the originally defined loan end date at launch of the loan (ie the intuitive definition).
  • Always take first charge security
  • Only lend on projects with planning permission already in place
  • Attract the best quality projects as we offer competitive rates plus a swift and excellent service to property professionals
  • Originate projects directly as part of the many ways that we match capital more efficiently, ensuring a better deal for both lenders and borrowers
  • Have unparalleled, hands-on expertise of over 100 years in the property industry at the heart of the business, meaning projects are assessed with deep, specialist property experience
  • Only ever consider projects independently proposed to our platform ensuring independent and impartial due diligence
  • Are, and always have been, solely focused on what we do and our business model, asset class, instrument and security, continuously building stronger and deeper expertise
  •  Offer upmost transparency on our track record and projects listed through information on our website and through project webinars
  • Are directly authorised and regulated by the FCA
  • Are the only property development / bridging platform member of the Peer-to-Peer Finance Association (P2PFA), the ‘top table’ of UK peer-to-peer lending, alongside other sector leaders
  • Are the only property development / bridging platform to be Brismo Verified, underlining our commitment to disclosure best-practice and independent accountability for the performance of every loan that we originate both historically and going forward
  • Have proprietary technology that has been built, continues to be developed and managed internally for absolute control over our proposition development, our purposeful priorities and USPs.

Discover more at www.crowdproperty.com.

The CrowdProperty Blog (read all about alternative finance, crowdfunding, peer-to-peer lending, property and CrowdProperty): blog.crowdproperty.com 

CrowdProperty image

CONTACT INFO

Brochure
N/A
Telephone
+44 203 012 0161
Headquarters
Crown House, 123 Hagley Rd
B16 8LD
Birmingham
West Midlands
Great Britain
Flag of GB
No map available

 

INVESTMENT RISK WARNING

Investing in property involves risks, including illiquidity - the inability to sell assets quickly or without substancial loss in value -, lack of dividends, loss of investment and disolution, and it should only be done as part of a diversified portfolio. Your capital is at risk.

FINANCIAL INFORMATION ABOUT CROWDPROPERTY

YEARLY STATS 2013 - 2018

NO DATA

REGULATION

Regulated
LicensedLicensed
Regulatory Entity
The Financial Conduct Authority (FCA)
Regulatory Country
Flag of GB
License Number
723959
License Link

HANDLING OF FUNDS

Type of account
Segregated
Custodian entity
Modulr
KYC
Yes

CURRENCY

Main Currency
GBP (£)
Accepted FIAT Currencies
GBP (£)
Accepted Crypto Currencies
N/A

GENERAL INVESTMENT CONDITIONS

Minimal Investment Ticket
GBP 500
Bonus on amount invested
No
Welcome Promo
No
Buyback guarantee
No
Second Market
No
Acceptance of foreign investors
Yes
Accredited investors
Yes
Non-accredited investros
Yes
Co-invest
No

COMMISSIONS

On investment
No
Management
No
On profits
No

COMPANY DETAILS

Year founded
2013
Company name
Crowd Property Ltd
Tax ID
08764786
Billing Address
Crown House, 123 Hagley Rd
B16 8LD
Birmingham
West Midlands
Great Britain
Country
Flag of GB

 

INVESTMENT RISK WARNING

Investing in property involves risks, including illiquidity - the inability to sell assets quickly or without substancial loss in value -, lack of dividends, loss of investment and disolution, and it should only be done as part of a diversified portfolio. Your capital is at risk.

CROWDPROPERTY WEB PRESENCE

WEB

TWITTER

Account
Last tweet
Tweets
Publ. frecuency
Followers

PLATFORM'S VIDEOS

Account
Last video
Videos
Publ. frecuency
Subscribers

 

INVESTMENT RISK WARNING

Investing in property involves risks, including illiquidity - the inability to sell assets quickly or without substancial loss in value -, lack of dividends, loss of investment and disolution, and it should only be done as part of a diversified portfolio. Your capital is at risk.

RATING DETAIL OF CROWDPROPERTY

Blur Graph
How does BrickFunding rate platforms?

INVESTORS REVIEWS OF CROWDPROPERTY

RATING

BrickFunding Review Rating
TrustPilot

REVIEWS

Comment not rating

a month ago

WHO CAN INVEST WITH CROWDPROPERTY? Any individual can invest with CrowdProperty provided they are over 18, have a UK bank account and have a proof of identity and address within UK. https://www.crowdproperty.com/faq Me parece que es unicamente para residentes de UK...

CROWDPROPERTY Logo
ANSWER:

Many thanks for your comment. Lenders can register with CrowdProperty as long as they have proof of address within the EU and a UK, sterling denominated bank account. We are not financial advisors and therefore cannot make recommendations regarding which bank to use so suggest you carry out some research to find the best back for your specific needs. When you registered for your CrowdProperty account we experienced an issue with the postcode look-up tool which was attempting to validate non-UK postcodes on the UK gazetteer following an erroneous postcode database update from our gazetteer provider, which is why you were unable to complete the registration process. This was a one-off as we've never had this issue before. We resolved this issue overnight (all our tech team is in-house based in our head office) and the system will now allow you to complete your registration process as intended. A non-UK individual needs to select to enter their address manually and when a non-UK country is selected, the auto-lookup is disabled. We will be adding more explanation on this process to the registration page. We apologise for this coincidental timing and thank you for your interest in CrowdProperty. You are right to look for a platform that operates with the very best global marketplace lending best practices, is a deep asset class expert, has the very best and proven risk management systems and processes, is purposefully positioned as a lender of first resort originating high quality lending opportunities, is totally transparent both as a business and independently verified and has a 100% capital and interest payback track record over 5 years of lending.

Comment not rating

a month ago

No me he podido registrar con mi dirección en España. No me acepta el ingreso manual de la misma ni el codigo postal. Por cierto, esto funciona con entidades tipo TransferWise o Revolut? De lo contrario, que banco online en UK recomendarian? Gracias.

CROWDPROPERTY Logo
ANSWER:

Many thanks for your comment. Lenders can register with CrowdProperty as long as they have proof of address within the EU and a UK, sterling denominated bank account. We are not financial advisors and therefore cannot make recommendations regarding which bank to use so suggest you carry out some research to find the best back for your specific needs. When you registered for your CrowdProperty account we experienced an issue with the postcode look-up tool which was attempting to validate non-UK postcodes on the UK gazetteer following an erroneous postcode database update from our gazetteer provider, which is why you were unable to complete the registration process. This was a one-off as we've never had this issue before. We resolved this issue overnight (all our tech team is in-house based in our head office) and the system will now allow you to complete your registration process as intended. A non-UK individual needs to select to enter their address manually and when a non-UK country is selected, the auto-lookup is disabled. We will be adding more explanation on this process to the registration page. We apologise for this coincidental timing and thank you for your interest in CrowdProperty. You are right to look for a platform that operates with the very best global marketplace lending best practices, is a deep asset class expert, has the very best and proven risk management systems and processes, is purposefully positioned as a lender of first resort originating high quality lending opportunities, is totally transparent both as a business and independently verified and has a 100% capital and interest payback track record over 5 years of lending.

SUBMIT NEW REVIEW

In order to rate the platform you need to be registered

 

INVESTMENT RISK WARNING

Investing in property involves risks, including illiquidity - the inability to sell assets quickly or without substancial loss in value -, lack of dividends, loss of investment and disolution, and it should only be done as part of a diversified portfolio. Your capital is at risk.

INVESTMENT OPPORTUNITIES FROM CROWDPROPERTY

ACTIVE INVESTMENT OPPORTUNITIES

Active Projects
0
Investment offered
N/A
Last Project
N/A
Publ. frecuency
N/A

COMPLETED PROJECTS

Funded Projects
112
Total Funded
USD 54.49m
Avg Period
N/A
Avg IRR
8.04%

 

INVESTMENT RISK WARNING

Investing in property involves risks, including illiquidity - the inability to sell assets quickly or without substancial loss in value -, lack of dividends, loss of investment and disolution, and it should only be done as part of a diversified portfolio. Your capital is at risk.

Please Log In first

Don't have an account yet?

Sign up & enjoy all the services BrickFunding provides
Register