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Lendy administrators reveal loan book insolvencies, AML issues and property transfer concerns

Two thirds of the outstanding Lendy loans worth a combined £152m are in some form of form...

  • Jul 17, 2019
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Proposed Lendy administration fees could cost £1m in first year

Administrators completing the winding up of collapsed peer-to-peer lender Lendy believe it...

  • Jul 16, 2019
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FCA was approving Lendy’s payments in and out

The Financial Conduct Authority (FCA) has revealed that restrictions it imposed on Lendy b...

  • Jun 25, 2019
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Lendy administrators restrict client accounts as overdue loans hit £153m

Administrators dealing with the collapse of peer-to-peer platform Lendy have frozen client...

  • Jun 03, 2019
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Peer-to-peer provider Lendy enters administration

Beleaguered peer-to-peer (P2P) lender Lendy went onto administration on Friday after the F...

  • May 28, 2019
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Lendy takes legal action against valuers and solicitors to reclaim losses as defaults grow

Lendy is taking action against valuers and solicitors in a bid to reclaim capital paid out...

  • Apr 01, 2019
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Lendy admits some loans will not be fully repaid

Lendy has given more details about how it is attempting to recover investors’ money from...

  • Dec 20, 2018
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Lendy CEO apologises, overhauls board and reviews loan valuations

Lendy has added three new personnel to its board and is reviewing its loan valuations as p...

  • Dec 11, 2018
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Lendy’s overdue loans hit 68% of book as FCA monitors £8m lawsuit

Two thirds of active loans issued by Lendy are now overdue while the peer-to-peer lender h...

  • Oct 23, 2018
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Lendy returns £1.5m repayment to P2P investors

Peer-to-peer lending platform Lendy has returned around £1.5m to investors following a lo...

  • Sep 11, 2018
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