Lendy

The Property Platform

Specialise in providing bridging & development finance to property professionals, with funding provided by our established peer to peer crowd funded investment platform. The Lendy platform allows our investors to pool together their funds in order to finance development projects and property purchases. We ensure this process is fast, simple and efficient, and delivers a gross annual return of up to 12%, before tax, with all proposals fully assessed by our experienced credit committee before being made available for investment. Lending is always secured with a legal charge and our loan amounts do not exceed 70 per cent of the Open Market Value, as confirmed by an independent Chartered Surveyor. This means that in the event of a loan becoming non-perfoming there is sufficient equity to allow loan funds to be recouped during a sale. The platform has grown dramatically and now employs 25 people and has 22,170 registered users. Between them, they have invested £420,278,581, and earned a total of £44,965,195 in interest on loans to help build, buy and restore thousands of properties across the length and breadth of the UK. Our USP for borrowers is our business model, which allows us considerably more flexibility than standard banks and bridging lenders, enabling us to make quick decisions and deliver funds very quickly. Lendy was launched in 2012 by two young entrepreneurs who believed that property investing and borrowing should be easier, and more accessible and re

Infrastructure Investment Mortgage loan Real estate

About Lendy

Brankesmere House Queens Crescent Southsea Portsmouth PO5 3HT United Kingdom
Contact Email: info@relendex.co
Phone Number: +371 (67) 0800 779 776

7.0
57 Platform credit risk rating
2.25 / 2.25
1.25 / 1.25
2 / 2
0 / 1.50
1.5 / 3
View rating distribution
PLATFORM DATA
Max Interest Rate
12%
Min Interest Rate
9%
Max Investment
999999$
Min Investment
117$
Max Loan Terms
60 months
Min Loan Terms
15 days
Loan Types
Infrastructure Investment Mortgage loan Real estate
Currencies
GBP
Origin of Platform
Secondary market
Yes
Secured on Assets
Yes
BuyBack Guarantee
Yes
Platform Membership
FCA
Launch Date
2013-01-01
Countries to Invest
Only for EU residents
Exclude restricted area
United States
Withdrawal time
5 business days
Target Borrowers
Business (P2B)
Average Interest Rate
12%
Uniform rate
No
Automated Lending
Yes
Lending Fees
None
Withdrawal fees
No
API
No
Accepted Payments
Bank Transfer
Lending Model
Market
Platform Lending Type
Individual Retail Company
Status
Operating
Time between application and obtaining money
Not Available business days
Min borrower loan
0$
Max borrower loan
0$
Countries for borrowing
United Kingdom
Borrowing fees
None Borrowing fee annual
Bonus
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