Relendex is a peer-to-peer (P2P) business real estate lending site. Our powerful online exchange links lenders with professionally certified, credit-worthy borrowers and provides all of them with excellent interest rates. All funds lent to the Relendex exchange are secured to UK commercial properties.
After the 2008 financial crisis, small and medium-sized housebuilders, previously so vital to the development of the nation's housing stock, have been left starved of cash by banks that have largely withdrawn from the market. Furthermore, the vast majority of UK savers are losing money in savings accounts that pay far below the inflation rate. In 2013, Relendex was set up since they felt they could use one question to solve the other.
By opening up the benefits of secured property lending to all, Relendex encourages the funding of property construction and renovation across the United Kingdom and leads to alleviation of housing shortages.
Our team of experienced underwriters carry out an comprehensive evaluation process on both loans and lenders. Protection is provided on the property itself, as is also the case for other properties and personal assurances. As a result, Relendex provides conservative savers with the confidence that you need to invest in their property loans and receive interest rates far above the inflation rate.
At Relendex, they realize that most of the savers are extremely careful and this is why they have built the new and creative Secured Portfolio ISA. This effectively diversifies Lender's capital, introducing additional protocols to ensure that your savings are safeguarded in anything but the most desperate market circumstances.
Main Data on Relendex
- Estimated annual returns: up to 11%
- Launched in: 2013
- Autoinvest: Available
- Loan security: Property as leverage
- Provisional fund: No
- Registered investors: No
- Warranty of buyback: No
- Initial investment: 500 pounds
- Time to invest: Different for a range of loans
- Time needed to manage: Very small
- Regulation: Regulated company of the FCA
- State of operations: United Kingdom
- Default loans: no
- Verification of borrowers: By the site
- Currency accepted: GBP
- Accepts creditors from the United Kingdom: Yes
Pros and Cons
- Returns up to 11%
- Quick KYC as an ID verification process (takes up to 24 hours)
- FCA-controlled business in the United Kingdom
- No guarantee of buyback
- Maximum minimum expenditure
RElendex main features and highlights
- Real Estate Crowdfunding