Proplend  Reviews 102

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.

Have not had a problem to date so 5 stars at the moment.

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

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).

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

Easy to use platform,good communication.Early days but pleased so far.

I am very satisfied
no unpleasant experience

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!!).

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.

Without doubt one of the best peer-to-peer platforms on the market

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.

Easy to setup and administer

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.

Very easy to use website. Helpful and readily available staff.

Excellent. I would recommend proplend and have already done so.

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.

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.

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.