#044 Crowd Funding!

Ray is going solo on this one with Nigel busy on something else. But relax as he has Frazer Fearnhead on today's show Frazer started his career as a lawyer in the music industry, where he worked for six years, before concluding that the law was not for him. He has been investing in property since 1994 and, since 2003, has helped other people invest over £140m in UK property. He sold his previous property investment consultancy Armchair Property Investor in 2007 for over £2M. Frazer is dismayed that, despite all the press coverage, millions of people have not yet started to make provision for their retirement. He passionately believes in helping those people that want to do something to build their wealth and live comfortable in their old age. The purpose of The House Crowd is to enable them to do so as quickly and safely as possible with the optimum ratio of risk and reward. In keeping with that ethos, following the financial crisis in 2008, where he saw banks unethically seize assets from property developers and other businesses, he was motivated to create a business model that enabled people to build their wealth in property without using the banks. After a great deal of research, planning and unique legal structuring he launched The House Crowd in March 2012. It was, at the time, the first property crowdfunding company in the world. Property crowdfunding is now a multi-billion-pound global industry. The House Crowd is now fully authorised and regulated by the FCA and enables people to invest in property backed investments including lucrative development finance deals with highly attractive rates of return and significant downside protection. Clients are able to invest individually, or through tax free structures such as ISAs or their pension if they choose to do so. As well as being the founding director of The House Crowd, he has written a number one Amazon best-selling book “The Alternative Guide To Property Investment” (available on Amazon) and has written numerous articles about property investment and property crowdfunding for the Investors Chronicle, City AM, RightMove, What House, Residential Property Investor, thisismoney.co.uk and other leading publications. The House Crowd is launching a new brand called Money Mog aimed at helping Millennials, in January 2019. The purpose of the brand is to provide financial education to young people and help them start investing for their future early int their life at attractive rates of interest that will enable them to reach their goals much quicker than through traditional channels. It will be available as a standard account or tax free ISA account. Website Links: www.thehousecrowd.com www.moneymog.com www.housecrowd-developments.com