Two beautiful early Victorian townhouses, in the heart of the historic seaside resort of Scarborough, are being converted into seventeen apartments using funding provided by Crowdstacker investors.

£290,000 was lent as mezzanine funding in return for 16% p.a. interest. 

The project, which is expected to take in the region of fifteen months, will see a complete refurbishment of the buildings that were previously used as an old people's home. 

Crowdstacker investors have lent £259,807 for a project in London to finish the refurbishment of an Edwardian family home.

Work at the property is already underway, and since the funding has been put in place there has been progress internally and externally.

More progress has been made on-site at Endsleigh Rd where Crowdstacker investors have lent £195,000 in return for 15% p.a. interest.

The project has seen the construction of a new-build block of apartments on a road well situated for workers needing to commute both into the City of London and out towards Heathrow and the M4 corridor.

In 2024 Crowdstacker investors lent £137,000 to a developer who was building a brand new detached house in the Norfolk countryside. They were offered 15% p.a. interest over a 15 month term.

The project has been progressing over recent months such that the foundations are now in and the walls are starting to be built.

Crowdstacker has recently launched a new type of PDL which is a senior loan for the ongoing Brandlehow development.

This development to create two new London family homes has been previously funded by Crowdstacker investors and it is now refinancing for the third phase. Progress on site has been moving apace throughout 2024 and the project is on track so that the two new houses should be marketed for sale towards the end of the year.

In 2023 Crowdstacker investors lent funding to a developer who is building four new design-concious homes in the Brighton suburb of Woodingdean.

Investors were offered 15% p.a. interest over an 18 month term for this investment, in addition to the investment being ISA-eligible meaning investors could choose to use their annual Individual Savings Account allowance to earn tax-free.

Crowdstacker's Property Development Loans are hugely popular with our investors.

We launched this type of investment in 2021 with the aim of focusing on specific property development projects. They provide top up lending to developers and are secured against the value of the land and/or buildings.

Investors have enjoyed 15% annual actual returns, and been repaid nearly £3.5million.

Progress on site has been steady since the project commenced. The plan includes work to an existing building to redevelop the upper floors into a block of apartments. Those situated at the rear of the property are already well advanced.

You can check out the latest update on this short presentation.

Crowdstacker created Property Development Loans in 2021 to respond to demand from investors who were interested in specifically lending funds to businesses which construct and redevelop UK property.

A typical PDL will offer an investor 15% p.a. interest over a loan term of 18 months. The interest offered can be higher or lower depending on the risk, and the term can be longer or shorter depending on the work that needs to be done.

All PDLs are eligible to be held as part of an ISA.

Three different types

If you'd rather hold onto your cash until a new PDL commences and you start earning interest, then you ought to check out the Crowdstacker pledging system.

Pledge then transfer your funds when needed

Rather than commit your money immediately you can pledge any amount (above the minimum investment) and keep the cash in your Crowdstacker account until it's time for the funds to be transferred to the borrower.

Simple steps