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PlaceTech | CrowdProperty expands into Australia

Karl Tomusk
Having issued £120m of loans to SME housebuilders in the UK, CrowdProperty is expanding its international footprint to offer its P2P lending platform to new markets.
The company said Australian developers face “very similar pains” to those faced by SMEs in the UK who struggle to secure financing for their projects. Since launching in the UK in 2014, CrowdProperty has funded the development of 1,400 homes.
CrowdProperty Australia will be led by CEO David Ingram, co-founder of fintech startup Split It, a platform that helps consumers compare and sign up for household utilities and financial services. Ingram also has strategic advisory and operations exprience in a number of industries, including property, in both Australia and the UK. ....

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CrwodProperty launches in Australia

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CrwodProperty launches in Australia
Source: CrowdProperty
The UK’s leading specialist property project online lending platform CrowdProperty has expanded its international footprint, announcing the launch of CrowdProperty Australia.
Leveraging the UK s market-leading asset-class expertise, proprietary technology and experience of growing the leading specialist platform in its space in the UK, CrowdProperty has launched in Australia to offer a non-bank lending alternative to the SME property development market, which faces very similar pains to those being solved by CrowdProperty in the UK. ....

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UK's Property Investment Marketplace CrowdProperty Launches Independent Australia Division

Property investment marketplace
CrowdProperty has reportedly launched its Australia-based division in order to support property development in the country.
David Ingram has been appointed as the Chief Executive for CrowdProperty’s business operations in Australia.
CrowdProperty has issued over £100 million in loans to UK-based property developers. As noted in the announcement, CrowdProperty Australia will be run as a separate or independent business unit (and won’t depend on CrowdProperty UK). The new venture reportedly has its own local investors and board of directors as well.
Mike Bristow, CrowdProperty UK CEO and CrowdProperty Australia board member, stated:
“The model that we have proven with great success in the UK is a perfect fit for the Australian market. We’re a company founded by people who have long experience developing property and working in the finance sector, built entirely around the customer.” ....

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SME property development lending boost with launch of non-bank alternative CrowdProperty

May 11 2021
SYDNEY, May 11, 2021 /PRNewswire/ Australia’s small-to-medium property development sector today received a lending boost with the launch of specialist non-bank lending alternative CrowdProperty.
A fintech / proptech hybrid, CrowdProperty matches investors – wholesale investors, SMSFs, institutional lending groups – with developers of high quality, small-to-medium-sized residential property projects via its bespoke platform and in-house property development expertise.
As a marketplace or peer-to-peer lending platform, it offers property developers access to fast, transparent funds, and investors a simple way to earn up to seven percent target interest returns on short term investments secured by first mortgage, typically paying back in 12 to 18 months.
CrowdProperty UK co-founder and CEO Mike Bristow said the model they’ve proven with great success in the UK was a perfect fit for the Australian market. ....

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Mike Bristow: funeral of our former sports editor

By
Alison Phillips
Audience and Content Editor, Wiltshire Weeklies
Mike Bristow
A SMALL private family funeral, following Covid restrictions, was held on Friday (Feb 5) following the death of Mike Bristow, for many years the sports editor of the Wiltshire Times and its sister paper the Wiltshire Gazette and Herald, following his death aged 69.
He was known and loved by many people through the sporting world in Wiltshire, as well as those who grew up with him in Trowbridge, where he attended the then Boys High School before starting work for the Wiltshire Times, then run by family founders B Lansdown and Sons, aged 15. ....

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