Investing in peer-to-peer (P2P) loans has its attractions, especially for the income-hungry. It also has its risks – which are prominently displayed on this site, including the Home Page and the risk warnings run at the foot of almost every article. But investing in the P2P platforms that provide the loans is something that can […]
The Daily Mail is doing a very good job of being an investor champion for cash savers and investors. Bravo. Here’s the latest from that newspaper: “A little forewarning, most of this isn’t going to make pleasant reading… The interest on savings is closely aligned with the Bank of England’s base rate. This rate hit […]
We hate to say we told you so – but that’s just what we did. Here’s how we covered last week’s Bank of England base rate hike: The recent news of a base rate rise of 0.25 per cent to 0.75 per cent offers little comfort to income-hungry savers. The uplift will take time to […]
With a new loan waiting in the wings, our latest loan offering is A-rated and property-backed with a fixed-rate yield of 8 per cent, and a term of five years. It’s proving popular, and is currently 61 per cent filled. More news soon… Meanwhile, the recent news of a base rate rise of 0.25 per […]
Today we look at the difficulties income-dependent savers are facing in the current climate of low interest rates. It doesn’t look like rates are going to rise any time soon. See this report from This Is Money on a recent meeting of a Bank of England committee that sets the base rate – a pilot light […]