Calling all Mortgage Brokers! Take part in our Mortgage Lender Benchmark survey today.Click Here

Lendy Reviews

Ratings based on 99 reviews Last review 1 month ago
4.70 / 5Amazing overall rating

Launched in 2012, Lendy is a peer lending property platform. They specialise in providing finance to property professionals, with funding provided by the crowd, a wide group of investors seeking to invest in loans secured by property. If you've...

Read Full Description

Launched in 2012, Lendy is a peer lending property platform. They specialise in providing finance to property professionals, with funding provided by the crowd, a wide group of investors seeking to invest in loans secured by property. If you've experienced either borrowing or investing with Lendy, please leave a short review below. Your Lendy review will help other consumers thinking about joining Lendy today.

5 76
4 18
3 3
2 2
1 0

Your Lendy Reviews (99)

Write a review
25th August 2018

Big early returns but increasing number of defaulted loans have put the brakes on the returns

I joined up with saving stream as lendy was first known it must have been 5 years ago and they were offering a fantastic 12% interest across the board paid every month . The customer service was Top Class and I got stuck in and sat back and enjoyed a...

Read more

I joined up with saving stream as lendy was first known it must have been 5 years ago and they were offering a fantastic 12% interest across the board paid every month . The customer service was Top Class and I got stuck in and sat back and enjoyed a massive boost to my monthly income in the form of my interest payments. I was invested in a wide range of loans in order to spread my risk. Inevitably as the loan book matured and increasing number of loans defaulted and then of course there comes a point when you don't get any interest and you can't sell a defaulted loan part so you are then stuck with your money in the defaults and earning no interest until the very bitter end when lendy finally have sold the at set or the legal action to recover the Loss is complete. Lendy seem to have really upped their game in the last few months as regards coming down harder on Borrowers and taking early action to protect lenders money. However my advice would be that if you do need or may need access to your money in a hurry then this is the not is not the right investment scheme for you because if you do end up in defaulted loans you may find your money is staying elsewhere for what could be 1 2 or 3 years.

Write a review
8th June 2018

Contrasting Reviews

I am extremely surprised by the reviews of Lendy Ltd on this review site, if you compare it with Trustpilot it shows a different picture, I would give Lendy Ltd. only 2-stars as they have deteriorated significantly over the last two years for...

Read more

I am extremely surprised by the reviews of Lendy Ltd on this review site, if you compare it with Trustpilot it shows a different picture, I would give Lendy Ltd. only 2-stars as they have deteriorated significantly over the last two years for lenders....so it is very hard to understand the 4-star ratings on this site ! very strange.

Write a review
30th January 2018

High returns for seasoned investors

Lendy is still a relatively young company, which is evolving its relationship with both investors and developer clients. The returns are substantial and so is the risk, the key to continuing success will be careful selection of projects. Lendy is...

Read more

Lendy is still a relatively young company, which is evolving its relationship with both investors and developer clients. The returns are substantial and so is the risk, the key to continuing success will be careful selection of projects. Lendy is meeting an important economic need and I wish them every success.

Write a review
25th January 2018

Definitely recommend Lendy

I can definitely recommand Lendy. I have been a happy investers for just over two years and have had a great experience. Lendy is very transparant about their processes and are very diligent before approving any loans for borrowers. Their web...

Read more

I can definitely recommand Lendy. I have been a happy investers for just over two years and have had a great experience. Lendy is very transparant about their processes and are very diligent before approving any loans for borrowers. Their web interface is easy to use.

Write a review
22nd January 2018

Open and Transparent

As an investor I find Lendy open and transparent, however their due diligence procedures may need to be tighter possibly. However, I have not lost any funds as yet just had to wait a little longer for returns while foreclosure procedures are implemented.

Read more

As an investor I find Lendy open and transparent, however their due diligence procedures may need to be tighter possibly. However, I have not lost any funds as yet just had to wait a little longer for returns while foreclosure procedures are implemented.

Write a review
19th January 2018

Interesting Interest!

With mainline banks and other savings vehicles offering such poor rates of interest my own interest was immediately peaked by by SavingsStream (as Lendy was known back when I began investing). With their website being straightforward to navigate,...

Read more

With mainline banks and other savings vehicles offering such poor rates of interest my own interest was immediately peaked by by SavingsStream (as Lendy was known back when I began investing). With their website being straightforward to navigate, loans being secured against development properties, and interest paid monthly I was immediately attracted. I have placed substantial investments and my wife, who I’ve since introduced to Lendy, has done likewaise.

Write a review
18th January 2018

Brilliant company

I have been investing with Lendy for four years and found the company to be excellent in every way. Their website is easy to use and the returns excellent - receiving the interest every month is lovely. Thank you Lendy. You deserve some...

Read more

I have been investing with Lendy for four years and found the company to be excellent in every way. Their website is easy to use and the returns excellent - receiving the interest every month is lovely. Thank you Lendy. You deserve some recognition for your hard work - your weekly newsletter is so helpful and informative.