• The withdrawal facility is now available to all investors with an AML/KYC verified account

26/10/2017 • media

Lendy – The Property Platform, has turned five and would like investors both new and existing to help it blow out the candles.

In recognition of this milestone Lendy’s want to giveaway £5,000 to the first investor, drawn at random, who invests an additional £5,000 on the platform. There’s also a £500 investment top up for the second name drawn, five £50 M&S vouchers for the next five, and £25 M&S vouchers for the next 10 investors.

To be in with a chance of winning, investors need to simply invest £5,000 on the platform by November 9th 2017. For all terms and conditions please click here.

Lendy opened for business in October 2012, armed first with a small sum of capital to lend, against secured marine assets held in its possession, in as safe a manner as possible.

Liam Brooke, co-founder, Lendy, picks up the story: “Once the financial model was proven, we moved into the property bridging and development finance markets. After unprecedented growth in this sector, property is now our sole focus.”

Five years on and Lendy is one of the fastest growing P2P property platforms, having lent around £338m via our 17,700 plus community of investors. In 2017 alone, the company added over 6500 new users and almost £90m in new money to lend. On October 4th Lendy repaid to its lenders the largest P2P loan in the sector totalling £7.92m. In addition to this, Lendy are privately owned, with no bank debt or venture capital investment.

Keen to seek out opportunities to offer financial support to external organisations, 2017 provided Lendy with the chance to sponsor become the title sponsor Cowes Week; which brought many benefits to the world-renowned sailing regatta and gave us the opportunity to promote the P2P property platform. Independently of this Lendy also sponsored British Tennis Stars, Katy Dunne and Harriet Dart at the Wimbledon Championships and we are investigating a partnership with one of the UK’s leading Homeless Charities.

Brooke concludes: “As you can see, we’d like to share our 5th celebrations with our investors who have helped us to grow so rapidly.”