The platform seems to have been suffering from a bit of a liquidity crunch over the last few months and as such seems appropriate for small investments of capital only. 28/02. UPDATE: Proplend has... Voir plus
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Early days for me but all looks fairly well on Proplend. Decent interest rates. First Secured low to mid LTV. Autoinvest tranche A lower risk. The Secondary market option is welcome. Proplend sh... Voir plus
Best kept secret in P2P lending so don't tell anyone else. It's got it all except an even fatter pipeline of quality loans. Every loan can be invested in at a max 50% LTV if you wish. An interest rese... Voir plus
L'entreprise a répondu
The best things about Proplend : 1. the amount of information on the loans and the underlying security they provide which allows each investor to fully appreciate the risk they want to take. 2. The... Voir plus
L'entreprise a répondu
À propos de l'entreprise
À propos de Proplend
Écrit par l'entreprise
The FCA approved platform splits commercial property mortgage, bridge and VAT loans in up to three loan to value (LTV) based risk tranches and £1,000 loan investments.
The platform then matches commercial property borrower demand for loans with Lenders demand for regular monthly income.
The three loan to value based risk tranches mean that Lenders with different risk parameters and return requirements can all participate in the same loans.
As of May 2023, more than £190m of loans have been funded across the platform with £125m of capital and £21m of interest repaid to Lenders.
Proplend has for the past 5 years been rated as one of the top and safest Peer to Peer lending platforms in the UK with an exceptional 3/3 4thway PLUS rating.
Lenders are able to earn tax free returns via tax efficient wrappers, Proplend is a HMRC approved ISA manager and operates a flexible Innovative Finance ISA (IFISA).
In addition, we work with several pension administrators which enables Lenders to make loans via their SIPPs and SSAS’s and we have a dedicated Wealth Manager portal for Lenders who which to be advised.
The online platform is quick and simple to use and we are always at the end of the phone should you have any questions or problems.
Peer to Peer Lending is not covered by the Financial Services Compensation Scheme. Don’t invest unless you’re prepared to lose money. This is a high risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong.
Coordonnées de contact
15 Little Green, TW9 1QH, Richmond, Royaume-Uni
- 0203 397 8290
- admin@proplend.com
- www.proplend.com
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My Experience to date,
At first, I was somewhat concerned at the business model and the good high rates of interest. However, now nearly a year later, and now with a considerable portfolio, and my own ongoing financial management experience I can only say how pleased I am, that "I followed the money".
Whenever I have had cause to contact the office I was given first-rate, simple and understandable information, and in the beginning, help to set up my account. Since then everything has run smoothly and I am very pleased with my portfolio return. I have already recommended 'Proplend ' to several of my family friends and others, who are now also building up their portfolios. Thank you to you all at Proplend.

Réponse de Proplend
Have not had a problem to date so 5…
Have not had a problem to date so 5 stars at the moment.

Réponse de Proplend
still testing this platform out
still testing this platform out. i hope it will be positive soon

Réponse de Proplend
I've been with Proplend some time now…
I've been with Proplend some time now, and on the whole found it quite a positive experience.
I've got a number of loans at present with no losses to date. But my first two loans that have come to completion, have not done so on time.
I don't like the new website, compared to the old one. How about investor input the next time?
The team normally get back to me on issues/enquiries in a timely manner.
I'd be looking to possibly increase significantly my investment in Proplend, if Peer to Peer companies come under the financial services compensation scheme, but I'm using different platforms as not to have all my eggs in one basket. (OBVIOUSLY PROPLEND DO HAVE THINGS IN PLACE, LIKE 1ST CHARGE, TO HELP TO REDUCE THE CHANCES OF INVESTOR LOSS).

Réponse de Proplend
Very good when you need cash urgently
Very good when you need cash urgently. Just sell some loans, payment sometimes within two hours.

Réponse de Proplend
Easy to use platform,good…
Easy to use platform,good communication.Early days but pleased so far.

Réponse de Proplend
Proplend
Very clear and open information and processes for anyone who has the time, interest and sense to select their own property-backed P2P lending portfolio, according to their own risk/return profile. And an IT system that actually works properly every time (so far!!).

Réponse de Proplend
OK so far.
Good contact with Proplend, but very few loans available, and so at a minimum of £1000 each, getting diversification is not possible. If the loan quality is as high as it appears, this will not matter.

Réponse de Proplend
Without doubt one of the best…
Without doubt one of the best peer-to-peer platforms on the market

Réponse de Proplend
Straightforward and good return
Set up both an ISA account and a normal account. ISA account was very simple as just filled in a form for HSBC to transfer funds. Just transferred money directly for normal account. Have invested in a few commercial properties and has been very straightforward. Good return with first charge over the property.

Réponse de Proplend
Good for ISA s
I've used only the ISA based investments. About the best rate of return you can get on an ISA (assuming no defaults). Only problem is not enough properties - they go very quickly.

Réponse de Proplend
Very Good
Very easy to use website. Helpful and readily available staff.

Réponse de Proplend
Excellent
Excellent. I would recommend proplend and have already done so.

Réponse de Proplend
I wish I’d discovered the platform earlier
I’m relatively new to Proplend having looked for other platforms that offer manual loan selection when some of my existing platforms went down the auto-invest route. I like to do my own DD on individual investments and
the comprehensive information that is made available allowed me to satisfy my own checks. They haven’t had any defaults but still worth reviewing yourself.

Réponse de Proplend
Pleasantly surprised by rates and …
Pleasantly surprised by rates and liquidity
After doing some research on peer to peer lending and looking at recommendations of some of the safer platforms, I decided to invest in Proplend earlier this year. I was pleasantly surprised by the returns available considering loans are all secured. I also managed to sell a couple of loans parts quickly to invest in their new ISA.

Réponse de Proplend
I have been investing in P2P loans for …
I have been investing in P2P loans for a few years now. I came across Proplend and liked their proposition and the transparency and decide to give them a go. I have made several investments now and am increasing the capital I commit. Good reporting, no surprises so far, and they seem very willing to communicate. I have also introduced some clients to them because of the confidence I feel in them.

Réponse de Proplend
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