Over 1,500 registered investors have pledged more than £500,000 through CrowdLords, a residential crowdfunding platform which partners developers and landlord with investors.
The site, which claims to be the UK’s first two-sided equity based residential crowdfunding platform, says that over a hundred prospective landlords and developers have also recently joined.
CrowdLords recently launched its second round of funding on Seedrs – set to end later this month. It is aiming to raise £200,000 to improve its platform and attract more investors, landlords and developers.
Richard Bush, one of CrowdLords’ co-founders, commented: “At CrowdLords one of our primary objectives is to offer choice and diversification. We achieve that by working with different types of landlords and developers across the country with different types of properties and investment structures, essentially letting the crowd decide, as opposed to other platforms that dictate the investment guidelines. We feel this has the effect of giving investor’s peace of mind that they are truly in control of their investments.”
CrowLords’ Seedrs listing can be found here: https://www.seedrs.com/startups/crowdlords1.