Member Article

Greater Manchester’s The House Crowd shortlisted in the National Business Awards

The House Crowd , the world’s first crowdfunded property investment vehicle, has caught the attention of judges at this year’s National Business Awards – securing its place on the New Business of the Year category shortlist.

The Hale-based innovator spotted an opportunity to democratise the property market through crowdfunding – revolutionising how would-be investors, particularly those with smaller budgets, invest.

Judges were impressed with the business’ disruptive and pioneering spirit, opening up a much-loved but notoriously difficult-to-enter market. The House Crowd’s strong customer service and general impact on the north west property market was also noted.

Frazer Fearnhead, Director at The House Crowd, said: “As a start-up with big ambitions, it’s fantastic to be recognised on a national level.

“The House Crowd is part of a whole internet revolution that is giving power back to the people and creating a global community that can interact with each other, cut out big institutions and join forces for the common good.

“On a regional level, we are helping some of Greater Manchester’s ‘forgotten’ communities to re-establish themselves. Breathing new life into old properties can have a dramatic effect on local communities as a whole, bringing in new people and ideas, and helping to create a new sense of pride in an area.

“On a global level, we are trailblazers – creating a unique, innovative and ground-breaking concept, now emulated the world over.

“The House Crowd has succeeded in injecting people power in to the once ‘elitist’ UK property market. A recent survey of our investors showed that 67% felt cut off from property until a service like ours came along – we have brought property to the masses.”

The winner will be revealed at the National Business Awards gala dinner held on 11 November in London.

This was posted in Bdaily's Members' News section by The House Crowd .