Property peer-to-peer lending sites that use loan brokers or regional managers to attract borrowers always require an extra little bit of attention from 4thWay. Brokers don’t just do the initial assessment of a loan. They are also partly salespeople, selling the loans to banks and peer-to-peer lending sites. If not on a tight leash, they… Read more
See Jane’s profile in About Us.
Some P2P lending sites currently offer attractive cashback deals for new lenders of up to £250 or 10%. A P2P lending site should convincingly pass a lot of tests before you trust it with your money. Accepting cashback bribe with your ordinary peer-to-peer lending accounts or your IFISAs is usually way, way down at the bottom of… Read more
In May, the most interesting and well-written comment about peer-to-peer lending or IFISAs that is posted on 4thWay’s discussion boards, or the most interesting emailed contribution we receive, will win £100 if we choose to publish it. We may even pay out for more than one contribution if we can’t decide on a winner. It… Read more
For fast-growing startup companies – which includes most P2P lending sites – being profitable isn’t usually the best measure of whether it will succeed. This is especially the case since most of them are not profitable. And you don’t expect them to be. They need and want to grow rapidly and to do so they have… Read more
Here’s our list of P2P lending companies that you can lend through from overseas, i.e. outside the UK. And there’s another list below of those that you can’t. In addition to any requirements below, you may only open an IFISA if you are a UK taxpayer and have an National Insurance number. Overseas investors allowed… Read more
UK Limited companies and Limited Partnerships are allowed to lend through P2P lending websites. I looked through the terms and conditions of a good number of them and all of them permitted UK businesses to do so. The ones I looked through are: CapitalStackers*/**. CrowdLords. CrowdProperty. Downing Crowd**. Funding Circle**. Kuflink**. Landbay*/**. Lending Works*/**. MarketInvoice. Propio…. Read more
We talk to 4thWay users a lot directly, and we see your comments in articles, in our surveys and now even in our new discussion boards. What we find is that lenders are making the same mistakes over and over again – and frankly it is worrying 4thWay’s experts. While the P2P lending sites really… Read more
4thWay user David Bradshaw had this question for us about Growth Street*: “Firstly, I’d just like to compliment you on your excellent website as it’s been a helpful resource for me as I’m sure many others before me, on starting with P2P investments. I now have investments with most of the major P2P platforms, and… Read more
A few property peer-to-peer lending websites offer loans that are intrinsically low risk, such as homeowner mortgages, residential buy-to-let mortgages and commercial buy-to-let mortgages. In other words, the properties are receiving rent. Other property peer-to-peer lending websites offer loans that are intrinsically higher risk, such as Read moreand loans. (See sidebox, below right, on “What are …
LendingCrowd’s Growth and Income peer-to-peer lending accounts, including the IFISA versions, have now earned “Excellent” Read more. Previously, just LendingCrowd’s Self Select lending account and IFISA had earned a rating. Why have these accounts been upgraded so soon? The two LendingCrowd* accounts have been awarded ratings just a few weeks after our last assessment….