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Relendex


Relendex are a P2P short term property loan specialist. Customers can invest over a period of 6 months to 5 years and can choose individual loans to invest in, or use Relendex's autolending system and set a criteria to lend on based on an amount, risk and interest rate that suits the customer's needs.

Relendex do not charge the lender, you receive the interest rate agreed. Relendex charges borrowers an arrangement fee and a service fee; both are expressed as a percentage of the value of the loan. The arrangement fee is paid up front. The service fee is paid quarterly to cover operating, transaction, management and monitoring costs and is disclosed in the Auction Particulars for each loan auction. It is possible to access your capital early by reselling loan-parts to other lenders on a matched bargain basis through the Resale Marketplace. There is no charge for utilising this service.

  • Back individual loans secured against property via the Auction MarketPlace
  • Invest direct or via an Autolend system
  • 6 months to 5 year terms
  • There are no fees for investing in a loan
  • There are no fees for selling loans via Relendex
  • IFISA available

* correct as of 22/10/2018


Borrow up to £2,000,000 Invest from £500

Borrower rate vs Default rate

* Borrower rate represents the gross interest rate charged to the borrower. * Definition of what represents a default will vary according to each platform. * Default value represents loans originating from that month


  • Total lent

    The total amount ever lent out by the platform

    £23,577,000

  • Average loan

    The mean average loan amount

    £589,425

  • Biggest loan

    The single biggest amount lent out

    £1,400,000

  • Biggest default

    The single biggest default

    N/A

  • Min investment

    The minimum amount needed to invest

    £500

  • Established date

    10/01/2011

Products


Secured Portfolio IFISA

Min investment
£2,500.00
Estimated return
up to 6%

Invest up to £20,000 and receive up to 6% interest tax-free. The minimum investment is £2,500 as each loan part is divided into £500 units and a diversified portfolio consists of 5 units. Interest is compounded daily and is paid quarterly. Relendex will automatically diversify the funds and manage any risk on behalf of the lender.

There are no fees or charges to set-up an IFISA, transferring in a pre-existing ISA, or transferring out a Relendex IFISA after 12 months. A transfer-out made in less than 12 months of opening an IFISA will result in a charge of £25 or 1% of the withdrawal amount, whichever is greater.

Self Select IFISA

Min investment
£500.00
Estimated return
up to 10%

Invest up to £20,000 and receive up to 10% interest tax-free. The minimum investment is £500 interest will be paid quarterly. Customers can manually choose loans to invest in and therefore have full control over their portfolio.

There are no fees or charges to set-up or transfer-out an IFISA. An ISA being transferred-in must have a minimum balance of £1,000.


Disclaimer

The statistics are generated from data we have collected. We can not guarantee that there are no errors, omissions or inaccuracies.

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