About us

Relendex is a peer-to-peer (P2P) commercial real estate lending platform. Our efficient online exchange connects lenders with professionally vetted, creditworthy borrowers and provides excellent interest rates to both. All funds lent on the Relendex exchange are secured on UK commercial property.

Since the 2008 financial crisis, SME housebuilders, previously so critical to creating the nation’s housing stock, have been left starved of cash by banks who have largely pulled out of this market. Meanwhile, the vast majority of UK savers are losing money in savings accounts that pay well below the rate of inflation. In 2013, we established Relendex because we believed we could harness one problem to solve the other.

By opening the advantages of secured property lending to all, Relendex facilitates the financing of property developments and refurbishments throughout the UK, and is contributing to the alleviation of the housing shortage.

Our team of experienced underwriters perform an exhaustive vetting process on both loans and borrowers. Security is taken on the property itself, as well as frequently on other assets and by personal guarantees. As a result, Relendex provides cautious savers with the assurances you need to invest in our property loans and to earn interest rates well above the rate of inflation.

At Relendex, we understand that the majority of savers are extremely cautious and for this reason we have designed our new and innovative Secured Portfolio ISA. This automatically diversifies Lender’s money, adding additional protocols to ensure that your investments are safeguarded in all but the most dire market circumstances.


Relendex is fully authorised by the Financial Conduct Authority (FCA) and is an HMRC approved ISA Manager.
Our Team

Michael Lynn
Michael Lynn
Chief Executive Officer
Max Lehrain
Max Lehrain
Chief Operating Officer
Paul Sonabend
Paul Sonabend
Commercial Director
Michael qualified as a Chartered Accountant in 1971. After qualifying he joined Deloitte in London, later moving to their Paris office.

He was a Corporate Finance Executive with Charterhouse Group (now part of HSBC) and also held responsibility for a large commercial and industrial property portfolio owned by the bank, acting as a Director of a number of its European subsidiaries.

Most of his career has been devoted to the Financial Services sector, where he has been a Founder, CEO or senior director of regulated businesses, including general and life insurance and pension investment.
Max has over 30 years’ experience in the retail financial services industry, focussed on the development and marketing of pensions, alternative investment schemes, and insurance products.

After a number of years working for international financial institutions including Standard Life he established a well-known City IFA and tax accountancy firm and went on to become Chairman of a firm of actuaries and consultants and Chief Executive of one of the leading SSAS and SIPP Providers in the UK.
Paul joined Relendex’s senior management team, having been a significant lender on our platform. Paul qualified as a Chartered Accountant in 1982 and has had a successful career as both a working CFO and as a backer of start-up businesses. Paul’s principle roles at Relendex are to ensure that we continuously improve our Lender’s’ experience, enhance our reputation and develop the products that serve the needs of both our Lenders and Borrowers. Please feel free to give Paul your feedback at paul.sonabend@relendex.com
Martin Murphy
Martin Murphy
Lending Director
Pascal Gessati
Pascal Gessati
Chief Technology Officer
Stefan Clifford
Stefan Clifford
IT Manager
Martin is a specialist property finance banker with over 20 years’ experience at leading UK financial institutions.

He has held underwriting and deal origination roles to senior management level with Barclays, Nationwide, N M Rothschild and Anglo Irish Bank, exclusively in property finance with his knowledge and experience extending across all of the sectors, deal ticket sizes and type, be it investment, development and mezzanine finance.
Simon Atherton
Simon Atherton
Business Development Manager
Ranjna Munsadia
Ranjna Munsadia
Head of Finance
Nimesh Vaja
Nimesh Vaja
Financial Controller
Victor Njimezi
Victor Njimezi
Senior Operations Executive
Connor Graham
Connor Gorman
Operations Assistant
Penny Germaine-Chatwin
Penny Germaine-Chatwin
Marketing Executive
Daniel Glicksman
Daniel Glicksman
Senior Account Manager
Non-Executive Directors

Andrei Dikouchine
Andrei Dikouchine
Ivan Zhiznevskiy
Ivan Zhiznevskiy
Thomas Quigley
Thomas Quigley
Non-Executive Chairman
Andrei Dikouchine started his professional career in 1993 as a management consultant with Deloitte & Touche. Following completion of a Masters in Finance degree from the London Business School in 1998, Andrei gained first-hand multi-billion M&A experience from a five year tenure with Salomon Smith Barney (now Citigroup) in London and New York. During 2005-2006 Andrei was a member of KPMG Business Modelling Group covering private equity clients.

In 2010-2012 Andrei headed corporate finance and investor relations functions of SUEK, one of the largest mining companies globally. Andrei authored and since 2003 continues to deliver practitioner Advanced Financial Modelling Course at the London Business School. As a seasoned corporate finance professional with international focus Andrei executed numerous acquisitions, restructuring and fund raising deals in the US, the UK and other EU countries, Switzerland, Balkans and Russia.
Thomas is Managing Director of an independent corporate advisory business, Cloudberry Corporate Advisers, Jersey. Tom also serves as a Non-Executive Director of Grove Limited, the holding company of Barchester Healthcare and Skipton International Ltd, a Guernsey based bank, wholly owned by the Skipton Building Society; he is also a member of the UBS Jersey advisory Board.

Previously Tom was Chief Financial Officer of ETF Securities, the largest fund management Group in the Channel Islands. Tom has extensive experience in investment banking as a Managing Director at lNG Barings Investment Banking and prior to that, at Close Brothers Corporate Finance in the City of London. He has principal investing experience in prior roles as a Director of Terra Firma Capital Partners, the private equity firm and as Managing Director and head of the London office of W.P. Carey & Co LLC, the US property asset management firm. He is a Chartered Accountant and a member of the ICAEW having trained with Price Waterhouse.
Relendex Limited is registered in England, Company Number 07486328
Registered Office: 45 Pall Mall, St James's, London. SW1Y 5JG
Important Notice

Relendex Limited is regulated in the United Kingdom by the Financial Conduct Authority and entered on the Financial Services Register - FRN 723117.

Lenders participating in these arrangements should be clearly aware that any sum lent through the Exchange is a loan and not a deposit and its repayment is not guaranteed. It is in the nature of an investment opportunity. Any investor should consider an appropriate spread of risk. Non-institutional investors should seek professional advice before lending through the Relendex Exchange.

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