Where is my money held until it goes to the borrower?

Back to Articles 6 March 2025 1 minute read

Once you have deposited money, in whichever account you have chosen to pledge from, it is transferred across to the specific, secure project wallet. Once all funds have been collected, money is transferred to (and held by) our solicitors. An independent monitoring surveyor will assess the progress of individual projects and recommend to CrowdProperty how much money needs to be drawn down from the solicitor’s account to the borrower. Only once we have a full report will money be released from the solicitors’ account to the borrower to utilise in their project.

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