CrowdProperty reviews
CrowdProperty reviews
Review summary
People rate this company as Excellent based on 112 product reviews
Latest positive rating
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... 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 have been issues along the way with investments but the people at CrowdProperty stepped in to take over these projects to make sure that investors got the returns back they were promised. Read more Read less
Latest negative rating
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 across my loan portfolio,... 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! Read more Read less
About CrowdProperty
CrowdProperty gives people a better return on their money by allowing them to directly lend it to property developers and professionals looking for funding. Smart Money People is the place for CrowdProperty reviews. Read and write reviews to help increase trust and transparency in Financial Services.
Reviews for CrowdProperty
Showing 11 of 112 company reviews • Last reviewed within 7 days
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 across my loan portfolio,... 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! Read more Read less
Loss of capital invested
Overall, poor experience with this platform. The returns offered to investors (currently 8-9%) are not good enough given the high LTV of loans and the... Overall, poor experience with this platform. The returns offered to investors (currently 8-9%) are not good enough given the high LTV of loans and the significant loss of invested capital on defaulted loans. I would advise others not to invest on this platform. Read more Read less
Products from CrowdProperty
Showing all products offered by CrowdProperty
Business Loan
by CrowdProperty
Business Loan
by CrowdProperty
Peer to Business Lending
by CrowdPropertyCrowdProperty 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...
Peer to Business Lending
by CrowdPropertyCrowdProperty 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...
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