News

We are very pleased to announce that we have concluded our seed investment round, raising over £350k that involved our highly successful Seedrs campaign which reached more than double its funding target. This will enable us to develop the company into our next phase of growth and we look forward to investing wisely as we expand the business on this journey.

We are delighted to announce the launch of our Homegrown: Property Development Investment - 10 Step Guide which can be downloaded above. We hope that both existing, as well as prospective investors will find this highly informative in reaching their decision to invest with us.

We are delighted to announce that our Seedrs campaign reached our funding target with over 1 month to go. We are currently in over-funding, so if you are interested in investing in the business please make sure that you do not miss out on this opportunity, as we will be closing the round very soon. In addition, we have received advance assurance from HMRC that investments will be EIS eligible.

There has been a significant amount focus on Stamp Duty Land Tax (SDLT) changes in the UK, particularly on additional properties outside of the main residence (e.g. buy-to-let). This has become incredibly important for investors, who in some cases have seen eye-watering increases of over 114%. An article in last weekend’s Telegraph has explored 8 ways that property investors can minimise this expense.

Thought provoking and very interesting debate at the Henry Stewart Property Finance Conference at Le Meridien hotel - Piccadilly, London. Homegrown CEO, Anthony Rushworth was a panel member discussing why crowdfunding is leading a shift in how property investing & deals are being done.

Homegrown was very honoured to be selected by IMD International, a leading business school based in Lausanne, Switzerland to present at its general management Foundations for Business Leadership (FBL) program. Homegrown CEO, Anthony Rushworth led the class of senior leaders in industry to discuss the current hot topics & themes of alternative finance and property investment crowdfunding.

Prime Minister, Theresa May & the Chancellor, Philip Hammond visited our office at Level39 last week. Choosing our hub as the location for their press conference is a ringing endorsement by the government for FinTech start-ups like Homegrown in the financial district at Canary Wharf. Unfortunately, we did not get the chance to tell them about our “strong & stable” investment returns!

Last month Homegrown moved into Level 39, in the iconic One Canada Square building in the heart of Canary Wharf. Level 39 is Europe's largest technology accelerator for Fintech, Retail, Cyber-Security and Future Cities technology companies.

After a successful launch of Homegrown, our property development crowdfunding platform, we are excited to announce that we are fundraising on the crowdfunding platform Seedrs to accelerate the growth of the business. In this article we look at 5 reasons to invest in Homegrown.

Up until recently, the buy-to-let market in the UK represented a shining beacon of light for investors in an uncertain economy.

But, the combination of rising stamp duty, the elimination of tax breaks, relatively weak house price growth forecasts, falling rental yields and increased regulation have made buy-to-let investments less appealing. So, does being a buy-to-let landlord still make sense?

Before and in the immediate aftermath of the UK’s decision to leave the EU there were many and wide-ranging views on the potential future impact of the vote on the UK property market and property investment, based on the limited information available. More than three months on we consider the latest data and market consensus of what Brexit might really mean for UK property.

Property Crowdfunding is one of the fastest growing areas of online investment in the UK (Source: Nesta, 2016). It allows individuals to invest equity into property developments with established small and medium sized developers through online platforms. This article focuses on the 5 key benefits of crowdfunding for property developments.

Ahead of the launch of our first new build development project on the platform we consider the different options that are available to property developers to finance a project, including for the very first time in the UK, the ability to raise finance through equity-crowdfunding.

After the Chancellor’s announcement in the Autumn Spending Review that investors will have to pay an additional 3% in stamp duty on B2L properties and second homes (from £40,000 upwards) from April 2016 (source: BBC News), the immediate reaction was that this may signal the beginning of the end for UK B2L. But is it too soon to be writing the B2L obituary?

The UK residential property sector remains an attractive investment proposition because of the current underlying market dynamics, historical outperformance of other investments and its diversification benefits compared with other asset classes, such as equities.