- The House Crowd

General Update for Investors, 8th March 2023 - Closure Reports

Dear Investor,

Further to the previous Investor Updates on 26th September 2022 please find updates on the following entities:
HCFSA Closure Report to Investors - click here to download the PDF
HCF Closure Report to Investors - click here to download the PDF
HCPM Closure Report to Investors - click here to download the PDF

The administrators also meet regularly with the Investor Support Group. Should any investors still wish to join the Investor Support Group this can be done by using the following link:
https://thcmoneyrecovery.wixsite.com/website

Please be advised that requests to join may take up to 5 days to be processed. The Investor Support Group is not managed or endorsed by the Administrators and is ran by a group of volunteers.

Kind regards.
The Joint Administrators
The House Crowd Limited
House Crowd Finance Limited
House Crowd Finance (Security Agent) Limited
House Crowd Property Management Limited

On 24 February 2021, with the consent of the FCA, the directors of The House Crowd Limited (“The House Crowd” or “the Company”) placed the Company into Administration and appointed Frank Ofonagoro, Jeremy Woodside and Frank Wessely of Quantuma Advisory Limited as Joint Administrators, due to the financial issues that the Company was facing. Investors should note that following House Crowd Finance (Security Agent) Limited, House Crowd Finance Limited & House Crowd Property Management Limited entering Administration on 25 February 2021, these entities have now all converted from Administration to Liquidation as of 1 March 2023 with Frank Ofonagoro, Jeremy Woodside and Frank Wessely (“the Office Holders”) acting as Joint Liquidators with The House Crowd Limited remaining in Administration. The Office Holders priority remains to secure the best possible outcome for all parties. Wherever possible, that includes the repatriation of client monies, completion of existing development builds, orderly wind down of loan books, and ultimately protecting the interest of investors and creditors.
This website will continue to be used to provide investors and creditors with information and is being updated when information becomes available.
Should you wish to contact the Office Holders directly, they can be contacted as follows:
email: [email protected]
write to: The House Crowd Limited – In Administration, C/O Quantuma Advisory Limited, Third Floor, 196 Deansgate, Manchester, England M3 3WF
With large volumes of enquiries still being received, the Office Holders thank you in advance for your continued patience and cooperation.
The affairs, business and property of The House Crowd Limited are managed by the Joint Administrators, who act as agents of the company and contract without personal liability. Frank Ofonagoro is licensed in the United Kingdom to act as an Insolvency Practitioner by the Insolvency Practitioners Association. Jeremy Woodside and Frank Wessely are licensed in the United Kingdom to act as Insolvency Practitioners by the Institute of Chartered Accountants in England & Wales.

This update (and the associated downloads) is intended for, and should only be read by, you the account holder(s). Its contents are confidential. Any reproduction, dissemination, copying, disclosure, modification, distribution and /or publication of this message without our prior written consent is strictly prohibited.

The House Crowd Limited – In Administration
C/O Quantuma Advisory Limited
Third Floor
196 Deansgate, Manchester, England M3 3WF
United Kingdom