It is later than you think. This old adage, often found on timepieces, has rarely felt truer than in the world of Inheritance Tax planning. Here’s the scenario: Boris Johnson become Prime Minister, fails to fight of the inevitable vote of no confidence, calls a General Election and loses to Jeremy Corbyn’s Labour. All this […]
In part II of our blog on the P2P sector after the high-profile collapse of the Lendy platform, Nicola Horlick, Money&Co.’s CEO looks at how Money&Co.’s P2P loan book compares in terms of security and access as well as performance – with leading mainstream investments. Over the last 20 years, the FTSE 100 index has […]
If you like doom and gloom, the peer-to-peer sector, with the recent high-profile collapse of Lendy, provides plenty of cheap thrills. Add in the troubles that Funding Circle, the P2P sector’s biggest player, has been having with its investment trust, and it’s time to get the popcorn out and enjoy the double bill. However, it […]
In the high-profile wake of the failure of peer-to-peer (P2P) platform Lendy, there has been widespread caution about the P2P sector. However, it would be very wrong to generalise from the particular. As more has come out about the way that Lendy managed its business, it has become apparent that it took unacceptable levels of […]
Peer-to-peer (P2P) lenders have done well. With an annual default rate of less than 0.3 per cent over more than £15 million facilitated, Money&Co. lenders have achieved returns of more than 8 per cent gross. But P2P loans are riskier investments than cash deposits as an asset class – and ease of access. We’ve attached […]
Market liquidity – the availability of buyers if you want to divest yourself of a loan holding – is a side-issue of our recent short series of articles looking at investing in peer-to-peer loans via investment trusts. Investment trusts have had their problems, but they operate in a market where there’s pretty much always a […]
The end of the tax year is upon us, and it’s surely time to look at using your £20,000 annual Individual Savings Account (ISA) allowance, if you haven’t done so already. You may decide to enjoy the tax-free benefits of a peer-to-peer (P2P) loan by holding it in an Innovative Finance ISA. There’s no profit […]
Money&Co. completed its first loan in July 2014. Initially, we focused on working capital loans to companies with a debenture over the company’s assets. We are delighted that we have only had one bad debt since we launched the platform. Our experience of lending via a platform has changed our view of what is suitable […]
Welcome back to our lenders and readers after what we hope was an enjoyable Bank Holiday break. There’s been a chunky link-up on the equity side of the crowdfunding fence, involving our friends at Seedrs. No need for detail here, but we thought it a good moment to remind you of the differences between P2P […]
Risk In P2P Lending Ahead of a glut of new offerings on site, all with attractive yields, we thought it appropriate to remind readers, users and lenders of the risks of P2P lending. If you don’t understand the risks, you shouldn’t invest money. With that in mind, we look at the following statement: “Risk versus […]