Relendex News

Latest financial news and updates from Relendex

A Year in Review

Relendex 2017 Summary

2017 was a momentous year for us here at Relendex. So we thought it was only fair for us to take a walk down memory lane and see what 2017 brought us.

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Relendex set to help unlock the Chancellor's House Building Initiative

budget 2017

In his budget statement, the Chancellor, Phillip Hammond declared that he was providing a total of £44 billion in support, (funds and guarantees) over 5 years to kick-start house building in the UK. The government’s stated aim is to build 300,000 houses a year. The average UK house costs £190,000 to build, so even if the Chancellor could achieve his aim, these additional funds only amount to 230,000 additional houses, some 46,000 houses per year.

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Can Peer-to-Peer Help Solve the Housing Crisis?

housing crisis

In an earlier interview on the BBC, Communities Secretary Sajid Javid said taking advantage of record-low interest rates "can be the right thing if done sensibly".

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The Next Popular Suburb in Liverpool - Sefton Park

Sefton park
Photo by: Ben James

As property investors look outside of London for new opportunities, Liverpool has proved to be one of the hottest cities for property investors. With a growing population of ~ 489,541, Liverpool is also home to a larger young population in comparison to the rest of England. 42% of the population are below the age of 30, compared to 37% for the country as a whole.

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LendIt Europe 2017

lendIt2017c From L-R: Moderator: Robert Stafler, Fintex; Luke Townsend, Zorin Finance; Michael Lynn, Relendex; Mark Posniak, Octane; Dmitri Zaprzala, Octopus Property; John Goodall, Landbay

LendIt Europe has been a main event for the peer-to-peer(P2P) industry ever since 2014 and this year was no different. This year LendIt has also expanded their offering to cover all innovative financial services such as digital banks, robo-advisers, blockchain technology etc.

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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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Relendex Limited is registered in England, Company Number 07486328 Registered Office: Ground Floor, 45 Pall Mall, St James’s London, SW1Y 5JG

 

Relendex Limited is registered under the Data Protection Act, Registration Number PZ2708231

 

 


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