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CrowdProperty: Peer to Business Lending reviews

3.46
Based on 18 reviews, last reviewed 21st Jan 2025
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in the past 90 days
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Latest highest rating:

5

4 years and still great returns I have been lending money on Crowd Property now for 4 years and have had great returns on my investment. I trust the people who run it 100%. There h... Read more Reviewed on: 4th March 2023
Chris Nabb's avatar
Chris Nabb

Latest lowest rating:

1

Concerning lending experiences with Crowdproperty UK I have had a deeply concerning lending experience with CrowdProperty. This property investment platform currently shows an alarming 83% default rate ... Read more Reviewed on: 21st January 2025
Jennifer's avatar
Jennifer

About this product

CrowdProperty peer lending reviews on Smart Money People help people like you thinking about what life is like as a CrowdProperty customer to find this out. What is customer service like? Is the online experience quick and simple? You can find this out by reading our CrowdProperty peer lending reviews. If you are a CrowdProperty customer, you can also write your review today!

CrowdProperty Peer to Business Lending reviews (18)

Review of the CrowdProperty, Peer to Business Lending:

Concerning lending experiences with Crowdproperty UK

1
I have had a deeply concerning lending experience with CrowdProperty. This property investment platform currently shows an alarming 83% default rate across my loan portfolio, with many of these defaults being over TWO YEARS OVERDUE! The company's approach to managing defaults is notably negligent. Their communication with investors is highly inadequate, with updates being infrequent and lacking substance compared to other platforms. The rare updates provided, typically quarterly, offer very little meaningful information about recovery efforts. CrowdProperty's operational focus seems to heavily favour borrowers over lenders. This is evident in the company's management presentations and social media presence, where there is frequent emphasis on satisfying borrowers. Lenders are hardly ever even mentioned. This bias is reflected in CrowdProperty's lenient approach to pursuing defaulting borrowers, compromising lenders' interests. They keep extending loans, often for years, with little regard for lenders' money not being returned. The platform's statistics page shows concerning trends. Lending amounts to each individual borrower, loan-to-value ratios, and default rates have consistently increased year on year. Very worrying. The statistics page reveals that an alarming 45 projects are now in default, and this number continues to rise. In December 2024, investors suffered multi-million-pound losses on two loans, which returned only about a quarter of the capital invested! Currently, a significant portion of my life savings remains inaccessible in defaulted loans on CrowdProperty. The company's indifference to this situation is deeply troubling. Based on my experience and the numerous similar complaints from lenders on Trustpilot and other platforms, I strongly advise potential investors to exercise extreme caution. CrowdProperty's commitment to recovering funds from borrowers and repaying lenders in a timely manner seems highly questionable at best! Reviewed on: 21st January 2025

Awesome Business Model and Service

5
CrowdProperty manages to serve the needs of two groups of customers with overwhelming success. Property developers can get the funding they need at a good price whilst receiving further added value through the expertise of the case managers who assist greatly along the way. Lenders receive brilliant inflation smashing rates on their investments whilst being able to diversify among many many great projects that are available to invest in. Any questions or queries are answered quickly and further detail is provided on each loan with regular lender updates. All-in-all a brilliant company thoroughly deserving of recognition through this award. Reviewed on: 3rd March 2022

Fair quick and transparent

5
Fair company, quick response times, transparent fees and way of doing business. Reviewed on: 3rd March 2022

Development fiance by property property people

5
Property finance by peopel who actually understadn property rather than just finance. Reviewed on: 3rd February 2022

A very trusted lender

5
Excellent service from a company that provides property finance by property people with speed, ease, certainty, expertise and total transparency. Reviewed on: 2nd February 2022

Fabulous Forward Thinking Group

5
They invest in their teams to ensure that they deliver the best service to all their customers. Constantly improving systems and thinking of new ways to make raising finance easy. Reviewed on: 2nd February 2022

Brilliant business

5
CrowdProperty are incredibly popular right now because of their exceptional returns track record Reviewed on: 4th March 2021

Excellent autoinvest ISA with returns around 8%

5
I have been using Crowdproperty's autoinvest ISA for the last year and I am very happy with the number of offerings, due diligence, webinars and diversification they offer. In my view they have the best P2P ISA product out there. Reviewed on: 7th February 2020

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