Simeon Barnes has resigned as a non-executive director of The House Crowd after eight years in the role.
The peer-to-peer property development lender told Peer2Peer Finance News that Barnes has decided to leave for personal reasons and will no longer be involved with the business.
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Barnes is managing director of hand dryer provider Excel Dryer (UK) and is a trustee for the charity Broadway Lodge, according to his LinkedIn profile.
“As a director at The House Crowd, I was attracted by the democratising model of the business, which allows a wide range of people to invest, even small sums, across an effective, diversified portfolio of properties, whilst eliminating much of the legwork usually involved in property investment,” he said on his LinkedIn profile.
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The House Crowd has made a few changes to its team this year.
In January, it appointed former FundingSecure director Carl Davies as chief operating officer, tasked with improving processes and systems.
Chief executive and founder Frazer Fearnhead has now moved into a more strategic role at the company.