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Lendy

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P2P lending platform for bridging & development finance to property professionals

Overview

Lendy is a P2P lending and investment platform for secured property loans. The platform offers short-term bridging loans between £100K and £10M for up to 12 months and development loans between £1M and £50M for up to 24 months to property professionals. The platform offers its investors an interest rate of 12% per year. The minimum investment on the platform is £100. All proposals are fully assessed before being made available for investment. Lending is secured with a legal charge, and loan amounts do not exceed 70% of the open market value. Earlier, the platform was operating 2 separate brands and platforms for borrowing and investment, but later merged SavingStream into the brand Lendy.

Key facts

Founded
2012

Business model

Contact

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About Lendy

What does Lendy do?

Lendy is a P2P lending and investment platform for secured property loans.

Where is Lendy headquartered?

Lendy is headquartered in Portsmouth, United Kingdom.

When was Lendy founded?

Lendy was founded in 2012.

Which sector is Lendy in?

Lendy operates in Digital Lending, part of Financial Technology.

Who are Lendy's competitors?

Companies similar to Lendy include Proplend, Invest and Fund, and Blend Network.