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 […]
With two loans close to closing, we thought we’d remind visitors to the site of the pluses and minuses of lending, As an investment, peer-to-peer (P2P) loans can be rewarding if you know what you’re doing. Our lenders have averaged a gross return of more than eight per cent in the five years we’ve been […]
Can you have too much of a good thing? We’ve been receiving feedback from lenders asking for more diversity in the loan offering. The latest loan, now 29 per cent funded, is a familiar one – it’s the fourteenth tranche of Seascape, a property-backed offer with a fixed-rate yield of 8 per cent, and […]
Loans from property-backed Seascape (currently we are offering number 11 in the series) are proving popular. The latest A-rated tranche yields 8 per cent gross, at a fixed rate for five years. Bear in mind that while there is no profit without risk, our lenders have achieved a return of over 8 per cent (7 […]
Here’s the good news. Review the savings market and the best return comes from peer-to-peer (P2P) loans (certainly higher yielding than cash). But is the good review justified? You have to understand the risks before investing. We’re delighted to offer a guest blog from the excellent Business Cloud and its equally excellent editor, Chris Maguire, […]
The latest loan offering from one of our repeat borrowers, a financial services company, is now online. It’s A-rated for risk, and the indicative yield is 8 per cent. Bidding this morning has been brisk. Below we provide an extended excerpt of the borrower’s summary. As usual, we’ve used our best endeavours to verify the […]
We are delighted to announce the launch of Money&Co.’s Innovative Finance Individual Savings Account (IFISA). The IFISA was introduced on 6 April 2016, but there have been relatively few on the market, as the regulators have withheld the full permissions necessary to market and manage an IFISA. An IFISA is essentially a tax-wrapper that allows registered […]
Our second property-backed loan from webuyanyhome.com is set to close within hours of the writing of this article. This offering is risk-rated at A+, and is property-backed (ie, secured on the houses that the borrower buys). As the auction closes, we observe a familiar pattern: the £208,400 loan offer is fully funded, but lenders are […]
The decision to keep interest rates on hold has had predictable effects in the financial-services industry, and amongst the media covering the sector. It is true to say that low rates are bad news for savers with cash in bank and building society deposit accounts. Our friends at Peer2Peer Finance News put it this way: […]
Risk awareness is the hot topic in peer-to-peer (P2P) business lending at the moment. We’re currently seeking feedback from lenders – and borrowers too – in an attempt to ensure that we’re doing everything we can to be transparent and lucid in our explanation of the risks as well as the benefits of P2P loans. […]