Jean
GBWell only two stars as the… Well only two stars as the 7xEco-apartments (now referred to as Kennington Road) which started collecting funds in 4Q 2016 only appears to start being built. So I guess one more year to wait before possibly getting any return. I had thought very highly originally of the Crowdlords idea, but that very first investment with them has been my last. I just hope that other investors have had more luck.
paul r taylor
GBI have invested a no of times with… I have invested a no of times with them. Initially a little slow with updates, which when you are dealing with a very High Yielding Investment through a Co you are not familiar with in the property development sector, is at times worrying! However, I am pleased to report that things now much improved on the feedback front (thank you Sultan!). In terms of their honesty and professionalism I have no doubts. I went to visit one of their developments, it was at the stage of build exactly as described/expected. The work was to a very high standard. Must give a special mention to Sarah who really does go above and beyond to get answers to investors queries, move things on if time is important, and in so doing adds a great measure of re-assurance to the whole process. Website is very clear and easy to use. None of my investment projects have reached maturity so I have no performance data to share as yet- but all the development works are in progress as projected. Usefully they hold open events so you can meet in person. Paul R Taylor MRICS
Dr Mark Graves
GBLosses and long delays since 2020 I started investing with Crowdlords in Nov 2017 and initially made high returns (17%) on the first 10 or so investments. Since 2020 all of their investments have been many months and in quite a few cases years behind the payout schedule (making financial cash flow planning absolutely impossible) and in some cases resulting in a 100% LOSS OF EQUITY. Difficult to determine how much was due to covid and how much to do with their business model - but I cannot understand given house prices at the moment how they can be predicting a total loss on a Grade A (lowest risk) investment with 1st charge over the property and a Personal Guarantee without some element of poor management oversight.
Andrew
GBMy favourite crowdfunding company I have been investing with a number of Peer to Peer and Crowdfunding sites for the past few years, but my favourite is CrowdLords. The returns on offer are very good, and have, in my experience, actually paid out the indicated amounts - although not necessarily on the date originally planned. As is often the case with property development, be prepared for timescales to change - but when this happens CrowdLords is good at keeping investors informed, and normally manages to negotiate an improved payout to compensate for any delay. The fact that investments are secured on property (rather than, for example, loaning money to a company, with just a director's guarantee) gives me more confidence that I will actually get my money back. CrowdLords also offers a range of investment types - from low risk loans (which can optionally be held within an IFISA wrapper), to more adventurous "full equity" investments which provide an opportunity to achieve high rates of return if the development makes a good profit - but could lead to a loss of capital if the project were to run into problems. Be aware that there is no secondary market for these investments - so once you invest in a project, you won't be able to access that money until that project has been completed - but for money that you are not going to need in a hurry, I think CrowdLords offers an excellent investment choice.
Robbie
GBCrowdLord has proved to be a very good platform CrowdLord has proved to be a very good financial platform for property investments. They have tended to find sound investments at good rates of returns, and conduct helpfull relevant DD. As and when any difficulties do arise they proceed efficiently to a resolution. The opperation of their website still requires development but apart from that they are one of the better crowd funding platforms, and have proved to be a good home for our ever increasing investments.