What happens if Simple Crowdfunding ceases to exist or falls into financial distress?
Each property investment is separately ring-fenced from the assets and
liabilities of Simple Crowdfunding, as well as any other property investments
on the platform.
Any funds that are held in your account, but not yet invested in property, are held by the money recipient and will be returned to investors in the event of Simple Crowdfunding falling into financial distress.
For ‘live’ loan, an alternative manager could be appointed to continue the management of the assets in accordance with the terms of investment.
Any funds that are held in your account, but not yet invested in property, are held by the money recipient and will be returned to investors in the event of Simple Crowdfunding falling into financial distress.
For ‘live’ loan, an alternative manager could be appointed to continue the management of the assets in accordance with the terms of investment.
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