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 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 . 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! 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 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, 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. 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.

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.

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 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.

What a great thing from Hackney Council - I just put some money into support solar panels on hackney social homes!  The process was really simple, I read some of the reviews below and don’t get why people are moaning, I thought the website worked really well  

As one who has been a long-term advocate for Abundance I am very disappointed. I am adding my voice to those who really dislike the new website and its (lack of) features. As one who has managed mission-critical manufacturing software in the past I would call this new site a "$*@%-up". I have no idea what customer testing was done but it failed to uncover some fundamentally retrograde steps. One of the first rules is don't break things. This one has definitely done so e.g. as noted by others, payment schedule visibility, no automated emails around marketplace offers and a few more ... Bland and obviously templated responses to queries seem to be all we get...

My experience with Abundance (until today) has been mostly good. But the recent re-design of its website is an absolute disaster. They say: "Unfortunately you will no longer be able to see a specific breakdown of what you are due to receive back and when on each of the investments you hold. This is due to a technical constraint with the new technology platform we are using." But what information could be more basic and essential? It's beyond belief that they implemented a platform with such a "technical constraint", and unless they un-constrain it pretty soon I‘ll be selling my investments and placing them elsewhere as fast as I can.

Like others, I would advise everyone to steer clear of Abundance. I was stupid enough to move my pension there, into an Abundance SIPP, several years ago when there was a steady stream of FIT backed investments coming through. Since those stopped, Abundance has offered only sporadic high-risk investments, where they clearly have not checked the anticipated remuneration of company managers or done other, basic checks. Abundance continue to claim annual fees on my pension, even though the administrators have now closed it down and I am prevented from re-investing even if I wanted to. I have to pay for the privilege of removing lump sums, (I'm only 63,) and for general running costs. No apology from Abundance. BUT what has made me write today is that Abundance has 'redesigned' its website and REMOVED the schedule of payments (ie expected payouts from investments). This means planning when to make a withdrawal is almost impossible. For each of my investments, there's now an individual 'example' based on £1000 invested. All the information specific to my investments - in a pension, SIPP and standard portfolio - has been hidden. I spoke to Tom Harwood at Abundance last week when I was told my pension account was being separated from others and was told that NO OTHER CHANGES WERE BEING MADE. Furious doesn't begin to explain where I am....

My Advice to everyone. Avoid these people like the plague!!! Far better ways to invest ethically. I have learnt this through bitter experience with Abundance. Certainly wouldn't touch them again. Ever!

Like many others on here, I wouldn't recommend Abundance Investment for anyone who can't afford to gamble with the odds very much stacked against them. Due diligence? What does this even mean for Abundance??

Three (out of five) of my 'investments' are in default and one in administration. Stand to lose £15,000. I have no confidence in Abundance and certainly won't waste any more of my hard-earned cash on them.

I like the idea of ethical investment and have done such investments successfully on other platforms, however in my opinion Abundance Investment does pretty poor due diligence for their debenture offers, making the risk much higher than I have anticipated. So far 5 out of my 9 debentures are either in default or being restructured (3 in default, 2 restructured). Makes me wonder how many investment on the platform defaulted in total... I'm glad I only donated (oh, I mean invested) a small amount of capital on this platform.

Delighted to support some early stage projects including the very cool prototype tidal power one, some of which have made a good return, others which have faltered. I put a small percentage of my overall savings into this platform, knowing it was higher risk. Overall I'm up as I spread my risk across multiple projects and also sold off some of the riskier-looking ones on the peer-to-peer marketplace, having done my research. For those who lost out: Pretty clear if you are getting the sorts of 8-10% interest rates they were offering when banks were offering 1-2% that there was a substantial risk. Think a challenge may now be with rising interest rates will Abundance still offer value by raising theirs well above what can be got on bank rates?

In retrospect I wish I'd had nothing to do with Abundance. I've lots of this type of investment, but many of those with Abundance have gone seriously wrong and I've lost substantial capital. I've done much better with other ethical platforms such as Triodos, or by investing directly. So my advice would be steer clear of Abundance.