London House Exchange

What London House Exchange does

London House Exchange (LHX), formerly known as Property Partner, is a UK-based, FCA-regulated (No. 613499) technology platform that operates an exchange for fractional ownership of individual properties. Founded in 2014/2015 and headquartered in London with a Jersey-registered ultimate parent (LHE Holdings Limited), the platform enables retail investors to buy, hold, and sell shares in individually listed UK properties, earn monthly dividend distributions from rental income, and exit via an FCA-regulated secondary market or a 5-year anniversary sale process. Beyond the core equity share exchange, LHX offers secured LHX Mortgage Bonds (8%+ p.a.), IFISA-eligible investments, and Bridging Finance products, all functioning under the same regulated infrastructure with a Property Partner Nominee Limited subsidiary handling share ownership on behalf of investors. As of disclosed metrics, the platform manages £120m+ in assets under management, has 8,000+ registered investors globally, has traded £55m+ of shares on the exchange, and has paid £10m+ in cumulative dividends.

The business model is multi-stream: revenue is generated from transaction fees on share trading, recurring returns from property-backed debt products (bonds and bridging finance), and interest/rental income spreads on assets. Distribution and customer acquisition are entirely self-serve and direct-to-consumer via the website (sign-up funnel, knowledge base, blog, and app), with no intermediaries or third-party channels. Pricing and fee structures are not publicly disclosed.

The company is privately held with 11-50 employees and has raised approximately £35m+ in disclosed funding across history, with the most recent round being a £2.4m corporate investment from US-based Better in January 2023 to support the rebrand. Operational track record includes £40m+ in completed property sales, 11 fully repaid development loans returning £6.4m at a 10.1% p.a. average yield, and over 8 years of continuous FCA regulation. A wind-down safeguard has been pre-arranged with PwC LLP, indicating institutional-grade governance for a high-risk retail investment product.

Name

London House Exchange

Legal name

London House Exchange Limited

Website

https://londonhouseexchange.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

London House Exchange is an FCA-regulated digital exchange platform enabling retail investors to buy, hold, and sell fractional shares in individual UK properties, with complementary mortgage bond, IFISA, and bridging finance products.

Ownership category

akta.pro rank

Product category

Fractional Property Investment

NAICS

Securities and Commodity Exchanges (523210), Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Real Estate Dealers (For Their Own Account) (6532), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Real Estate / Property-Backed Marketplace Lending (Non-mortgage) (FSAKAHAG)

Keywords

• Fractional property investing
• Property exchange platform
• Real estate crowdfunding
• IFISA investment
• UK property shares

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Share Trading Commissions: Transaction fees from investors buying and selling property shares on the exchange. Investors can sell their shares to other investors at a price of their choosing.
2. Monthly Dividends: Rental income distributed to shareholders as monthly dividends after costs and provisions. Represents ongoing income stream from property holdings.
3. Mortgage Bonds: Bonds secured against property assets offering returns in excess of 8% p.a. Investors receive interest payments.
4. Bridging Finance: Short-term property-backed investment certificates providing financing for property transactions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

London House Exchange operates an FCA-regulated secondary exchange where individual investors can buy, sell, and trade fractional shares in individual UK properties. The platform enables retail investors to access the UK property market with smaller amounts, diversify across multiple properties, and gain liquidity via a regulated trading venue rather than being locked into long-hold property ownership. It complements the offering with an Innovative Finance ISA (IFISA) wrapper and related property-backed investment products such as mortgage bonds and bridging finance.

Product overview

London House Exchange operates as a multi-product fractional property investment platform, functioning as the world's first FCA-regulated exchange for individual properties. The core Trading Exchange enables investors to buy, hold, and sell shares in professionally managed properties listed on the platform. Complementary products include LHX Mortgage Bonds (offering 8%+ secured returns), IFISA (tax-free wrapper for qualifying investments), and Bridging Finance (short-term property-backed opportunities). The platform also provides investor dashboard tools, a mobile app, and regular valuation reporting for listed properties.

Differentiator

Problem solved

Functional benefit

Brands

• LHX Mortgage Bonds: Property-backed bonds offering attractive returns of in excess of 8% p.a., secured directly against property assets.
• IFISA (Innovative Finance ISA)
• Bridging Finance

Products and services

• London House Exchange (Secondary Trading Exchange) FCA-regulated secondary exchange where individual investors can buy and sell fractional shares in specific UK properties. Targeted at UK retail investors seeking diversified, liquid property exposure with smaller ticket sizes.
• IFISA (Innovative Finance ISA) Tax-efficient ISA wrapper that allows eligible UK investors to hold eligible London House Exchange property investments within their annual ISA allowance. Designed for individual UK retail investors seeking tax-efficient property exposure.
• Property-backed Mortgage Bonds Property-secured fixed-income investment product offered alongside the exchange, providing investors with a yield-bearing instrument backed by UK property assets. Targeted at investors seeking income from property-backed debt.
• Property-backed Bridging Finance Short-term, property-secured investment product offered via the platform, enabling investors to fund short-duration property loans. Targeted at investors seeking short-term, property-backed yield.

Quantifiable outcome

• Over £120m in assets under management with over 8,000 investors
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Seedrs: UK-regulated equity crowdfunding platform operating as a secondary market for private company shares. Comparable to LHX in operating a regulated secondary exchange for retail investors, though Seedrs focuses on equity in private companies rather than property assets.
• CrowdProperty: UK property P2P lending platform connecting investors with property developers for bridging and development finance. Directly comparable to LHX's mortgage bonds and bridging finance products, with similar FCA regulation and target retail investor base.
• LendInvest: UK property finance platform offering bridging, development, and buy-to-let mortgages to both retail and institutional investors. Comparable in property-backed lending product set, though LendInvest operates at larger scale and with broader institutional distribution.
• Octopus Choice: UK property-backed P2P investment platform from Octopus Investments (also an investor in Property Partner/LHX), offering IFISA-eligible investments secured against UK property. Direct competitor in property-backed lending with shared investor base.
• Property Moose: UK-based fractional property investment platform offering individual buy-to-let opportunities with target rental yields and capital growth. Most directly comparable to LHX in target market (UK retail investors) and product (fractional property ownership), though without a regulated secondary exchange for liquidity.
• Kuflink: UK peer-to-peer property lending platform offering secured bridging and development loans with IFISA wrapper. Comparable to LHX's bridging finance and IFISA products, with similar regulatory structure and retail investor focus.

Regional players

• Brickstarter: European (Dutch-based) fractional real estate investment platform. Comparable in fractional property model for retail investors, but operating in continental European markets with different regulatory framework.
• Fundrise: US-based fractional real estate investing platform offering eREITs and interval funds to retail investors. Comparable in fractional property exposure for retail investors and self-serve platform model, but operates in the US regulatory environment with different competitive dynamics.

Broad incumbents

• Funding Circle: UK-listed P2P/SME lending platform that has historically offered property-backed loan products. Comparable as a regulated UK P2P lending incumbent, though with much broader SMB lending focus rather than property specialization.
• Hargreaves Lansdown: UK's largest retail investment platform offering ISAs, funds, and investment trusts including property exposure. Comparable as a distribution channel for retail investors seeking property exposure, though not a specialist fractional property platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/LondonHouseExchange
• LinkedInlinkedin.com/company/londonhouseexchange

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about London House Exchange