As a platform, we take great pride in all that we've achieved since opening our doors for business nearly six years ago. We’ve
Lending Works takes glory at Moneywise CS Awards…AGAIN!
Lending Works’ love affair with the Moneywise Customer Service Awards continued on Thursday evening, as we once again saw off some strong competition to scoop the ‘Best Peer-to-Peer Platform for Savers’ award for 2017 – making it the second year in succession that we have collected this prize.
Given that these Customer Service Awards – which pay homage to the country’s most trusted and best-respected financial services companies - are generally referred to as the Oscars of personal finance, and the ‘ultimate stamp of approval by the UK consumer’, the gong effectively confirms Lending Works’ place at the top of the tree in terms of P2P investment options for Brits.
But the plaudits didn’t end there, as we were later awarded the runner-up acknowledgement of ‘Highly Commended’ in the ‘Most Trusted Personal Loan Provider’ category – an honour which Lending Works has now received for the third year in a row.
This year, just under 50,000 consumers offered their feedback on banks, insurance firms and peer-to-peer lending platforms, making it the largest survey of its kind within the realm of financial services. Lending Works was shortlisted in two of the 29 categories on the night, and once again came away with coveted prizes in each. For that, we’d just like to say a huge thank you to our customers, and all those who took the time to vote for us.
Our founder and CEO Nick Harding, who was understandably pleased following the evening’s results, reflected with great pride on our platform’s achievements:
“It is always an honour to just be nominated at an occasion as prestigious as the Moneywise Customer Service Awards, but to be recognised as the best peer-to-peer lending platform for savers for a second time exceeds even our lofty expectations.
“The past year has been a difficult one for savers across the board, but every member of our dedicated team has been motivated to counter this trend by embracing innovation, world-class customer service, and other new initiatives to provide consumers with a market-leading alternative. This award serves as great reward for their efforts, and I sit here a very proud CEO.
“We’d like to thank all our customers for voting for us, and delivering such positive feedback. We have, and always will, put the customer first, which is the key driving force as we look to take things to new levels within P2P lending, and indeed the wider personal finance sector. Hopefully that will include winning the Most Trusted Personal Loan Provider award next year too!”
Our website offers information about saving, investing, tax and other financial matters, but not personal advice. If you're not sure whether peer-to-peer lending is right for you, please seek independent financial advice, and if you decide to invest with Lending Works, please read our Key Lender Information PDF first.
Since opening our doors back in 2014, we’ve always prided ourselves on living and breathing two key principles at Lending Works: innovation, and putting the customer first in everything we do.
With the retail sector enduring its fair share of challenges, companies are looking at new ways to attract customers, and drive conversion. In an overcrowded, dog-eat-dog marketplace, with behemoths such as Amazon flexing their muscle, it’s easier said than done.
On 4 June 2019, the Financial Conduct Authority (FCA) released its new regulatory framework for peer-to-peer lending (P2P); a Policy Statement known as PS19/14. As you might imagine, it's a document which, following a three-month consultation, is a hefty read of no fewer than 102 pages.
In a difficult climate, customer acquisition and lead generation present stern challenges for UK retailers, and a great deal of marketing spend invariably gets directed towards getting feet through the door.
Over the last decade, there can be little dispute that the reputation of mainstream banks – and particularly the so-called ‘Big Four’ (HSBC, Barclays, Lloyds and RBS) – is at its lowest ebb.
The peer-to-peer (P2P) lending industry is now regulated by the Financial Conduct Authority (FCA). The regulatory framework has been designed to protect customers and promote effective competition.
Ahead of the IMF’s world economic outlook last month, new managing director Kristalina Georgieva described the global economy as being in a ‘synchronised slowdown’, and the institution has subsequently trimmed growth forecasts for 2020.
Last week we took stock of the labour market, with the latest Office for National Statistics (ONS) data showing that the tide may be beginning to turn on Britain's so-called 'jobs miracle'. Unemployment ticked up to 3.9 per cent for June to August (an increase of 0.1 per cent), with the number of people in work falling by 56,000.
Whenever discussion turns to Britain’s misfiring property market, the words ‘stamp duty’ are seldom far away. Indeed, over the past two decades, it’s been something of a political football – one which has had a profound impact on both housing transactions, and the coffers at the Treasury.
In recent months, it’s been interesting to observe the reception to Greta Thunberg, the 16-year old climate change activist who has been afforded some high-profile forums. The impassioned viewpoints she has shared have earned her legions of fans, albeit no shortage of detractors too. In particular, a speech at the United Nations climate change summit stirred fractious debate.