"USED to be solid; NOW you might as well put your money on a horse"

USED to be fairly solid solar farm etc investments, with pretty solid due diligence and a pretty nifty M'my account' system; NOW a load of duff investments that they don't properly do DD on, loans to councils that aren't really any better than a one year cash ISA and a new awful web system. They can't even seem to load text based updates from the MANY defaulted investment updates - A4 PDF on a smartphone screen anyone. Have seriously lost their way.

Save your money - stick it in a cash ISA and do something useful with the money that you won't lose.

"Update from my earlier review after…"

Update from my earlier review after Abundance reply...

The reply is almost word-for-word the bland response I mentioned in my review. Nothing has changed and the new website and customer interface is still a big backward step

"Merseyside assured homes "

Merseyside assured homes . Secured lend at 4% based on social housing . What could go wrong ? 6 years later with many moratoriums and restructures and it now been updated by directors as as company they are likely to move away from . If investors get half there money back I’d be surprised

Abundance don’t allow investors to voice their opinion to each other , there is no forum . They don’t listen to experience and they don’t seem to validate particularly well what they are being told by the directors of businesses they promote . I’d love to hear from others who have lost money in this website . One that started off with good intent but appears to have lead to many people losing valuable savings

"Great idea"

Great idea! But you might loose all your money, advertising one investment at 8% and safe and other reestructured, about to loose 10k, great lesson. Stay away is my advice, poor updates, it would good to know how is the track record performance of these investments

"I could lose half of my invested cash…"

I could lose half of my invested cash as the companies are in default. These investments are nothing more than high risk unsecured loans. Safe 5% in the bank or 8% with Abundance that you cannot cash in and may lose the lot. No brainer, wish my idiotic stockbroker mate had never told me about Abundance. Update. I have just lost 100% of my investment in social housing. How can I lose 100% of a bricks and mortar investment in a rising property market? Some of the companies on this platform treat it as free cash they will never pay back. Avoid these incompetents like the plague.

"It's been a mixed bag"

It's been a mixed bag, but that's perhaps to be expected with such investments. At least I haven't lost almost all my savings as I did with the other p2p platforms.
I've always been irritated by the deduction of income tax. Its not worth doing a return for such small sums so it's just lost money. A fifth of my returns.
So, I've been trying to sell and buy again inside an ISA. Which brings us to the new platform..
The problem is that awful new platform. I can't figure out how to see the secondary market. Despite long instruction pages which don't seem to relate to the actual options. You just need to make a wild guess as to pricing. That's no way to try and sell. I have no idea how anyone can find the secondary market to buy though.

"Lost a lot of money with Abundance"

Lost a lot of money with Abundance. I believe they have not done enough due dilligence for their customers and many of their investments have failed in one way or another. In fact, I believe that a few of the companies have deliberately taken advantage of Abundance customers, knowing that they would never be paid back. Stay clear of Abundance unless you want to lose much of your money.

"A worthwhile, solid investment"

It was great to be able to invest into stuff happening where I live, the process was easy and my investment is benefitting the planet. I'm chuffed our local Council is finally prioritising these issues.

"Don't lose money via Abundance"

I have lost a lot of money via investments with Abundance. They have not carried out professional due diligence. Avoid if at all possible!

"The website and app are almost comical…"

The website and app are almost comical in their ineptitude. It is not possible to see, at a glance, a calendar of repayments, or expected returns. That makes the site almost functionally useless.

This comment triggered a stock response which said nothing beyond "we chose a platform, and took its services out of the box" and we really don't care about OUR users experience.

Beyond amateur.