We’ve had a lot of interest in our 8 per cent (typical gross APR) managed portfolio service, following our tax-year-end marketing campaign. Below is a reminder of how it works. We will manage your loan portfolio for you and ensure that there is sufficient diversification to reduce risk. When money comes back from borrowers each […]
Savers are “abandoning the cash ISA en masse”, as the personal savings allowance (PSA) makes the tax-free wrappers less relevant for consumers, according to a report from P2P Finance News. New data from UK Finance showed that investment in cash ISAs fell from £773m in March 2017 to just £332m in March 2018 – a […]
What’s alternative as opposed to mainstream? Peer-to-peer (P2P) loan yielding 9 and 8 per cent (our current offerings) are certainly an alternative – providing you understand the relative risks involved – compared to cash deposit accounts. Our recent research shows the average cash return for ISA-linked accounts is just 1.03 per cent. Bear in mind, […]
News reaches the marketplace, via our friends at P2P Finance News, of a peer-to-peer (P2P) loans hitting £9 billion in value. That figure merely accounts for the biggest payers in the P2P sector. Smaller, newer companies such as Money&Co. have facilitated smaller amounts (over £11 million in our case) and growth across the board looks […]
News reaches us via our friends at P2P Finance News of more co-operation between Australia and the UK – where the peer-to-peer (P2P) lending sectors have marked similarities – often with the same players involved. We have had some interesting news in that area ourselves. This is in part, as reported, because of “the Enhanced […]
Hair today – and it could be gone tomorrow for all we know! We’re pleased to report a new 9% yield loan offering. It’s risk-rated at B+. Elliotts Hair is a hairdressing business, based in the Midlands. The company is seeking £200,000, repayable over a five-year period. The purpose of the loan is to facilitate […]
Our recent television and newspaper marketing campaign, promoting a 7 per cent target return Innovative Finance Individual Savings Account (ISA),has proved a great success. Money&Co.’s managed portfolio proved particularly popular. We are one of the very few – if not the only – peer-to-peer (P2P) loan platforms to have fund management permissions from the Financial […]
The midnight hour is upon us! To get a tax-free target ISA yield of over 7 per cent, the time for investors to act is now, or lose £20,000-worth of extremely valuable investment benefit. See the article below, from the Daily Express. Savers are running out of time to add to their tax-free accounts, known […]
Have you done your annual, tax year-end review of your personal savings and investments? Here’s the good news: We currently have three loan offerings live on the site. They are rated A+ or A – the two best risk ratings – and have a fixed return of 8 per cent or an indicative return (suggested bid […]
After careful review, the news is good. We have a new loan offering on the Money&Co. site, from webuyanhome.com. This is a three-year, property-backed loan, rated A+. It offers a fixed-rate yield of 8 per cent, gross. That will translate into 7 per cent, net of our fee. If you decide to lend the full […]