Lendy

Lendy offers an alternative to traditional bank and financial industry lending. The company specialises in providing bridging and development finance to property developers. Lendy has an established investment platform which brings investors together to pool their funds. This fast, simple and efficient process gives investors the opportunity to finance development projects and property purchases.

Lendy works with independent RICS-registered chartered surveyors to professionally value each property and ensure loan amounts do not equal more than 70% of the Open Market Value. This protects each client’s investment by ensuring sufficient equity remains in the event of a non-performing loan. Lendy ensures loan funds can be recouped from the sale of the property, which makes the product attractive to buyers.

The Lendy platform has enjoyed significant rapid growth and now employs 25 people. A total of 22,038 registered users have invested £417,676,850 and earned more than £44,000,000 in interest on loans. Investors have been helped to buy, build and restore thousands of UK properties. With more flexibility than standard banks and bridging lenders, Lendy has an innovative business model ensuring quick decisions and fast delivery of funds.

Lendy is recognised as a leading force in the provision of alternative finance. The Moneywise Customer Service Awards surveyed thousands of customers and found Lendy among those offering the most value for money and best financial products and services.