Smart Money People Logo

Voting in the Consumer credit awards 2025 is open - Vote here

Own this company?
Share this page

BridgeCrowd reviews

Bridgecrowd Logo
Rated Average 2.83/5

BridgeCrowd reviews

This business hasn't yet registered to manage and respond to reviews on their page. Own this business?. Find out how to register here

Unverified business

Review summary

People rate this company as Average based on 6 product reviews

Average score of 2.83/5
5 star
33%
4 star
17%
3 star
0%
2 star
0%
1 star
50%

Latest positive rating

5/5

TheBridgeCrowd now called SoMo

I've been investing heavily with them for several years now and never lost any money. Interest rates have been great and although there are more... I've been investing heavily with them for several years now and never lost any money. Interest rates have been great and although there are more defaults during the Covid crisis the BridgeCrowd deal with these efficiently yet sympathetically as long as the defaulting borrower is responsive and co-operative. All loans are secured on UK property at a realistic valuation and no more than 70% loan to value which gives a decent buffer against default and enforced sale of the property to repay investors their capital, their interest and legal and sale fees. Bad reviews seem to come from disgruntled borrowers whose loans either dont go through or have defaulted and dont want to pay the loan back as per the agreement they made when they took out the loan. Read more Read less

Latest negative rating

1/5

Don't touch

They have no clue how to go about any case, slower than any standard mortgage, a total waste of time.

{"display":"Judy","full_name":"Judy","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
Peer to Peer Lending
Judy 23rd September 2021

About BridgeCrowd

The BridgeCrowd is a growing group of like-minded people and businesses whose aim is to improve their finances through borrowing and lending between each other. Smart Money People is the place for BridgeCrowd reviews. Read and write reviews to help increase trust and transparency in Financial Services.

Reviews for BridgeCrowd

Showing 6 of 6 company reviews

Don't touch

Peer to Peer Lending 23rd September 2021

They have no clue how to go about any case, slower than any standard mortgage, a total waste of time.

Rated Terrible 1/5
Read more product reviews

TheBridgeCrowd now called SoMo

Peer to Peer Lending 17th January 2021

I've been investing heavily with them for several years now and never lost any money. Interest rates have been great and although there are more... I've been investing heavily with them for several years now and never lost any money. Interest rates have been great and although there are more defaults during the Covid crisis the BridgeCrowd deal with these efficiently yet sympathetically as long as the defaulting borrower is responsive and co-operative. All loans are secured on UK property at a realistic valuation and no more than 70% loan to value which gives a decent buffer against default and enforced sale of the property to repay investors their capital, their interest and legal and sale fees. Bad reviews seem to come from disgruntled borrowers whose loans either dont go through or have defaulted and dont want to pay the loan back as per the agreement they made when they took out the loan. Read more Read less

Rated Excellent 5/5
Read more product reviews
  • 5/5

    100% positive

    Investing invest for last 5 years no issues Unlike lendy crooks Housecrowd crazy valuations

    {"display":"Kus","full_name":"Kus","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Peer to Peer Lending
    Kus 21st August 2020
  • 1/5

    Lie, lie, lie and lie and then still lie.

    This firm according to an article on the net, reject 93% of applications, charge you £350 to apply and do not refund you, if the... This firm according to an article on the net, reject 93% of applications, charge you £350 to apply and do not refund you, if the loan does not go through. They, lie, lie, lie and lie and then still lie. Their default rate is 48% (3%pm and 6% every 6 months, which on a bridging loan I have never seen such high rates elsewhere, with amounts normally quite large, if a house sale falls through can cause you to have to pay life changing amounts of money. Their greed is palpable. They fail to answer Subject Access Requests, fail to provide a copy of the survey report even when they renege and cost me over £3000 in fees etc I am suing them for. On the other side of their business as an investor I would not trust them with my money. Lying is rife in this firm, from their Business Development Manager Amer Watson, Underwriter Kyle Hunt, Head of Underwriting Rob Johnson who threatened me, to their Director Louis Alexander, lying to Companies House saying he is a Barrister, but not registered at The Bar as one. Dishonesty runs deep in this firm. Read more Read less

    {"display":"Adam A","full_name":"Adam A","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Peer to Peer Lending
    Adam A 3rd December 2019
  • 4/5

    Professional company with good loans and good rates

    I have invested in 15 different loans on the BridgeCrowd platform over the last year and I am very happy with the platform. I have... I have invested in 15 different loans on the BridgeCrowd platform over the last year and I am very happy with the platform. I have had contact with Louis on a number of occasions and I have always found him open, honest, and helpful. Sometimes responses to emails from the support team can be a bit slow and it can take time to get invested because of the mechanics of cash transfer and the speed with which loans are filled. Read more Read less

  • 1/5

    Not To Be Trusted

    I am having to litigate against this company following paying them money in good faith. When I requested that my money be returned, many assurances... I am having to litigate against this company following paying them money in good faith. When I requested that my money be returned, many assurances were given that it would be, but their Managing Director has prevaricated greatly and has failed to return it ! Their business model relies on members of the public investing money with them. My experience of their business morals and conduct are such that I must warn you against giving them your money, as they seem quite prepared to bite the hand that feeds them and, certainly, have no concept of the importance of good customer relations ! Read more Read less

    BridgeCrowd are low on reviews. Used one of their products? Why not write a review.

    Products from BridgeCrowd

    Showing all products offered by BridgeCrowd

    We are Smart Money People

    Join 2 million active users who make better financial decisions with the power of reviews.

    Create an account

    Protecting trust by verifying companies and reviewers

    The only site that specialises in financial services

    Providing everyday people with a voice