easyMoney Reviews 322

TrustScore 5 out of 5

4.9

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Rated 5 out of 5 stars

This is my 2nd positive review as I'm relieved and happy this is a genuine platform. I've been scammed before so super cautious. I've invested a little more since last year and now get 6.53% interes... See more

Company replied

Rated 5 out of 5 stars

Over 2 years investing with EasyMoney & they have been true to their name.... Monthly paid interest compounding. Withdrawn substantial amounts and the withdrawal process took less than 12 hours fr... See more

Rated 5 out of 5 stars

I used to own 10 HMO'S I've now sold 8 of them and put all the funds into Easymoney, as a professional lender I'm currently getting 9.5% return, I'm getting around the same return that I did with the... See more

Company replied

Rated 5 out of 5 stars

Wow I’ve never been more happy with something it feels like nowadays everything is a scam!! But this was not and I don’t even have the words other than YES DO IT!!

Company details

  1. Property Investment
  2. Investment Company
  3. Investment Service

Written by the company

easyMoney, an investment platform supported by a highly recognised brand in Europe. Experience the opportunity to invest in loans that are backed by UK property, offering an impressive target rate ranging from 5.28% to 9.5%. With easyMoney you can enjoy the convenience of receiving monthly interest payments while retaining the flexibility to request to withdraw at any time. * Don’t invest unless you’re prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong.


Contact info

4.9

Excellent

TrustScore 5 out of 5

322 reviews

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No history of asking for reviews

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Rated 5 out of 5 stars

Good Little Earner

Easy to use site to manage ISA funds. Provides an alternative means to higher interest rates (with small risk) than savings accounts. Ideal as part of a broad investment portfolio.

May 14, 2023
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Reply from easyMoney

Hi Shaun, thank you for your detailed 5 star review! Really kind of you for taking the time to write this. It's great to hear you think so highly of us and are happy with your journey as an easyMoney client.

Rated 5 out of 5 stars

Moving money from my regular account…

Moving money from my regular account into my FISA account. Just so easy and with great interest rate too.

May 14, 2023
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Reply from easyMoney

Hello, it's great to hear the process of transferring funds across was easy for you. Our team will be happy to hear this. Thank you for taking the time to leave such a positive review.

Rated 5 out of 5 stars

Easy money works

Easy money works, when you need to speak to someone they are easily contactable friendly and knowledgeable. The overall experience is very positive

May 14, 2023
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Reply from easyMoney

Hi David, great to hear our team have been so helpful with your journey. thank you for leaving the positive review, that's very kind of you

Rated 3 out of 5 stars

Expected improved rate by now…

I was expecting you to be competing with other interest rates out there by now.
Otherwise, very happy 😄

May 14, 2023
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Reply from easyMoney

Hi Penelope,

Thank you for taking the time to leave a review. It's great to read you are happy with easyMoney. We are having internal discussions on interest rates and what we can do for our clients, we are hoping to have an announcement soon

Rated 5 out of 5 stars

Easy to open an account and manage your…

Easy to open an account and manage your money. It can be an IFISA if that’s what you want to do.

May 14, 2023
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Reply from easyMoney

Hi Roger, thank you for taking the time to leave a 5 star review. Our tech team will be delighted to hear the set up process was easy. Thank you for being an easyMoney client

Rated 5 out of 5 stars

Everything has been exactly as…

Everything has been exactly as described and very simple to use

May 14, 2023
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Reply from easyMoney

Hello Neil, Thank you leaving us a 5 star review. It's great to see that the process has been simple for you

Rated 4 out of 5 stars

Easy to deal with

Easy to deal with. Easily best return on money. Easy decision to invest.

May 14, 2023
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Reply from easyMoney

Hi Richard, amazing review! Thank you very much.

Rated 1 out of 5 stars

They delay you taking your money

They delay you taking your money, make it complicated and delay as long as possible. It’s quick and hassle free to give them your money though.

May 11, 2023
Unprompted review
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Reply from easyMoney

Dear Peter, sorry to hear that we have not lived up to your expectations. We have a strong track record of returning funds to investors quickly as can be seen on our statistics page at https://easymoney.com/statistics so we will look into this further to understand where it has gone wrong in your case. Many thanks, the easyMoney Team.

Rated 5 out of 5 stars

Great team & quick withdrawals

Over 2 years investing with EasyMoney & they have been true to their name.... Monthly paid interest compounding.

Withdrawn substantial amounts and the withdrawal process took less than 12 hours from start to funds reaching my bank account, clearly a really well run company with a good management team.

March 16, 2023
Unprompted review
Rated 5 out of 5 stars

Five star customer service!

Spoke to a lovely lady called Serena who answered all my questions in detail and informed me of not just the benefits of investing with easy money but also the risks which I’m glad to say are minimal, I left the conversation feeling positive and well informed.
Five stars for customer service!

December 7, 2022
Unprompted review
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Reply from easyMoney

Thank you very much for the lovely review. We will be sure to pass your feedback on to Serina.

Rated 2 out of 5 stars

Nice company to do business with BUT rates DO need to rise

With Easy Money since April 22.. yes,..Good service helpful staff nice reassuring branding etc, however my forecast of 4.03% has never risen past 3.94% & with FSCS protected accounts now nearing 5% taking into account the balance of risk, surely now is the time to increase the interest rates in line with other P2P platforms

October 28, 2022
Unprompted review
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Reply from easyMoney

Hi George, thank you for your review. We have regular meetings as a team and review the current market conditions. We also review other firms and their actual rate of return (minus fees). With our lenders there are no hidden charges, no charges at all.

We are keeping an eye on the market and will act accordingly.

Thank you again for your review.

Rated 4 out of 5 stars

Act Now EasyMoney

Completely agree with other comments. 2.99 on an investment without FSCS guarantees when you can get 4.11 (and rising) on a totally secure FSCS investment. Needs looking at and fast or investors will be moving their money out quicker than you can say ‘get your act in gear’ me being one of them. We investors are not daft. Otherwise an excellent platform which I’ve been happy with but my finger is hovering over the withdraw button now.

October 1, 2022
Unprompted review
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Reply from easyMoney

Dear Helen, many thanks for the feedback. We have today raised our lowest target rate for investors. Currently we are not increasing our borrower rates as we wish to remain competitive in the borrower market for bridge and development loans but are constantly reviewing the rates we offer both investors and borrowers. Glad to hear that you are happy with the platform! Kind regards, The easyMoney Team.

Rated 5 out of 5 stars

5 star service

Can’t recommend this company enough! Super helpful customer service (no call centre!). Fantastic interest rates on my investments - my monthly interest would take 100+ years to earn in a regular high street bank. 100% confident that my investment is in safe hands.

September 27, 2022
Unprompted review
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Reply from easyMoney

Hi Angela,

Thank you for being an investor with easyMoney and thank you for your king review.

Rated 4 out of 5 stars

Good service but rates looking low.

I have been investing with easyMoney since April 2019 and have been very happy with both the service received and the returns. I now have nearly £250k invested. However, the interest rates have not changed during 2022 and are now barely more than I can obtain from a building society bond which of course comes with virtually no risk. easyMoney needs to increase its interest rates or accept that I and other investors will start to sell loans.

September 26, 2022
Unprompted review
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Reply from easyMoney

Hi

Thank you for your review. In the near term we are keeping our rates at the current levels but we are reviewing them towards the end of the year and will decide then if we will increase. We are constantly running market comparisons and at the moment we believe our rates are at a good level.

Investors capital isn’t locked in for a fixed period, interest is paid monthly with the option to withdraw or compound and we have no fees attached to our savings account.

Thank you for investing with EasyMoney, and thank you again for the review.

Rated 5 out of 5 stars

I have been investing with easyMoney…

I have been investing with easyMoney for two years now, and I like their diligent process when identifying which loans my funds are invested into. Interest is paid reliably every month in which I either withdraw or re-invest depending on my needs.

September 1, 2022
Unprompted review
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Reply from easyMoney

Dear Tim,

Many thanks for the positive review. We really appreciate you taking the time to leave some feedback for the team. Thank you for being a great customer.

The easyMoney Team

Rated 1 out of 5 stars

Funds remain uninvested for significant period of time

I have invested in easymoney IFSA for more than a year and it was overall a good experience but recently (also reported by others), there is significant delay (nearly 3 weeks now) of cleared funds uninvested and not earning interest. I asked for some clarification and am told that it is in the terms & conditions, so in theory they could hold the money uninvested for any period of time until a suitable borrower is found. My funds remain over 90% not invested, so I now have to move it out again as there is no guarantee, so it may take another month or more.

September 1, 2022
Unprompted review
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Reply from easyMoney

Dear investor,

We are sorry to hear that you are frustrated with the time taken to have your funds invested.

As is the nature of peer-to-peer lending we have to match funds to new loans. As such, peer-to-peer platforms like ours will fluctuate between either needing more investor funds or needing more loans and we are constantly trying to balance this for our investors.

We need to ensure that the loans we allocate to our investors match all our lending criteria and this due diligence process can take time and there may be a period where your funds are not earning interest whilst this takes place.

In your case your funds have been allocated to loans which are taking a bit longer than expected to get through this legal process.

Our all time average time to get funds invested is typically under a week and we are working on a solution whereby in your case, where funds are allocated to loans they just aren't live yet, they could be released onto other loans sooner and will update you once this in place. Rest assured we never let this process drag on too long so your funds should be invested shortly.

If you have any other questions or queries regarding our lending process please do not hesitate to contact us.

Kind regards,
The easyMoney Team

Rated 5 out of 5 stars

I start investing with easy money since…

I start investing with easy money since may and to be fair all is easy, team are very helpful, nice returns so far, personally I cannot say bad thing as of yet, hoping will stay like this too!

August 31, 2022
Unprompted review
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Reply from easyMoney

Dear Anna,

Many thanks for the positive review. We really appreciate you taking the time to leave some feedback for the team as we read all the reviews. Thank you for being a great customer.

The easyMoney Team

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