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 […]
There’s good and not-so-good in the recently announced rules from the Financial Conduct Authority on how the peer-to-peer (P2P) sector will do business. The rules come into effect in December. We’ll be commenting at greater length in our blog section shortly. Meanwhile, here’s a reprise of the major points from commentary site, Lend Academy. The […]
More, or less? After recent high-profile failures in the Peer-to-peer (P2P) lending sector, some commentators have been predicting a dark, diminished future for P2P. As regular readers might surmise, our view is “serve them right” for players who’ve gone for growth at the expense of quality (see this earlier News piece). The current uncertainty has […]
The latest tranche of the Seascape offering has just been released to market. The offer is for £250,000, with a fixed-rate yield of 8 per cent. The term of the loan is five years. Below we reproduce an extract of the borrowing company’s representations to lenders. While the offer has been subjected to our risk-analysis […]
As the latest loan offering on site moves to a close, we thought it opportune to remind lenders and visitors that there is a secondary market in Money&Co,’s peer-to-peer (P2P) loans. The loan market is the place where you can sell some or part of a loan that you already own. We charge 0.25% commission […]
Hello and welcome to the late-starting working week. Today, we’re sharing an opinion piece in FT Adviser. It’s replete with wisdom and common sense about the much misunderstood peer-to-peer (P2P) sector. Imagine an asset class where investor returns have been overwhelmingly positive every year since its inception and incredibly stable, hovering around the mid-single digits, […]
The signals on funding for small and medium-sized enterprises (SMEs) are mixed. Every few weeks research is released that purports to show SMEs are waking up to the funding available outside the traditional banking mainstream. Then along comes data that seems to demonstrate the opposite. Below is an upbeat report published here just over a […]
Death and taxes may be the only certainties in life, but they offer another immutable truth: they always come at an inconvenient time. So, it’s pleasing and mildly surprising to discover that some of you are addressing both death and taxes at the same time. Our Inheritance Tax service is proving popular, with several enquiries […]
As we’ve said before, times are tough for income-hungry investors. Interest rates remain low, and traditional savings products mostly lag inflation. So the hunt for income is always on, as noted by our friends at P2P Finance News. ISA SEASON may be a distant memory but there are still tax-wrapper product launches to look forward […]