CrowdProperty Review
CrowdProperty’s Bridging & Development loans are unrated. This account has recently been paying lenders interest before bad debts. Visit CrowdProperty or keep reading the CrowdProperty Review.
Housemartin Review
Housemartin’s P2P Lending Account And IFISA And Classic Account has earned an Exceptional 3/3 4thWay PLUS Rating. These loans have been paying lenders around of the loan amount in interest, after bad debts. Visit Housemartin* or keep reading the Housemartin Review.
Somo Review
Somo’s Bridging Lending Account received an Exceptional 3/3 4thWay PLUS Rating. These loans have been paying lenders . That’s before bad debts, although historically losses have been virtually zero. Visit Somo* or keep reading the Somo Review.
Kuflink In Trouble With The Financial Conduct Authority
I was hoping to do an update on Kuflink in November after getting sufficient answers to a number of outstanding queries, as well as corrected data. Unfortunately, those answers are not all in yet, but there’s more immediate news for me to update you on….
Can A P2P Lending Provider Be Too Profitable?
The last time we updated our piece on profitability (Which P2P Lending Sites Are Profitable?) I received the comment: “There is a flipside, the more the platform is making, the more they are taking from the lenders who actually fund the loans. And once Lendy was…
Inside Loanpad: The Tech Protecting Your Lending Returns
In 4thWay’s main update published this week, I wrote about how the financial regulator has put restrictions on Kuflink, due to failings in governance. “Governance” basically means managing the business in a proper way, with sufficient safeguards for lenders and others. One of the issues…
Latest Full Lande Assessment For Lenders
LANDE* was the first ever P2P lending company in either the eurozone or continental Europe to be fully assessed by 4thWay. Lenders using LANDE have lent since 2020. What does LANDE do? LANDE’s borrowers are Latvian, Lithuanian and Romanian businesses – almost all farmers. Loans…
Somo Now Taking First Loss On Most Loans
On second-charge loans approved on or after 1st November 2025, Somo* is providing 10% first-loss protection on the money you lend. The total Somo will ever pay out for the guarantee is capped at £1.2 million. Somo’s guarantee cuts in when all reasonable attempts to…
Unbolted Review
Unbolted’s IFISA And Classic Account are Unrated, because we don’t receive sufficient data to conduct our full assessments. Unbolted has only sporadically provided information and sparse data to 4thWay. Lenders seem to be offered around after bad debts, if you re-lend your loans and interest….
Kuflink Update: Bad Debts & How Do Recent Changes Impact Lenders?
We’ve had a loooot of emails from lenders about recent changes at Kuflink, as well as one or two about bad debts. I’ve finished my investigations into the changes and re-interviewed key people at Kuflink. I’ve also done some preliminary research on bad debts in…
4thWay P2P And Direct Lending Index: Q2 2025
Annualised returns after costs and losses have averaged 7.49%, with no losing months. The graph above is not smoothed but actual results over time. I note that, if all write-offs from bad debts were squashed into the same period of time, it would have meant…
Critical Checklist – If You’re Not Doing This You’re Putting Yourself At Risk
P2P lending, IFISA lending and other online lending is pretty simple and straightforward to do well, but only if you do all the routine things right. Neither 4thWay’s lending tips nor any other educational information from us or elsewhere online can save you from disappointment,…
Lessons Learned & Improvements To 4thWay Research & Ratings
I’m super proud of what 4thWay has done for many lenders and of our record. We have made some mistakes, but our ratings, research and guidance has been very accurate. More accurate than it needs to be for lenders to comfortably make satisfactory returns over…
This Will Help You!
I don’t often write about the ethical, ecological, responsible, “doing good” or social aspects of lending. Hardly anyone clicks on headlines like that. Yet now that I’ve tricked you into this one with my vague title, would you give me a few minutes, as: We…
A Light Summary Of LEND.ch, The Swiss P2P Lending Provider
LEND.ch is a Swiss peer-to-peer lending provider offering lending in Swiss francs (CHF). It hasn’t opened up to 4thWay’s specialists with data and access to its key people and therefore we haven’t conducted our usual week’s long assessment of it. So this is kind of…
We Answer IFISA And Other Tax Questions From 4thWay Readers
Update: the first answer was corrected on 10th June after a stupid error by me. My apologies. On the positive side, on the 11th June HMRC explicitly confirmed to 4thWay that our second answer is correct. We have two questions on flexible ISAs and one…
I Don’t Know How Many Times We Have To Tell Lenders This!
Occasionally lenders reach out to 4thWay and describe what they are up to, how they’re doing and what their experiences have been when lending. I really appreciate the contact from you! Recently I had an email that inspired me to write this page today. I’m…
There Are Only Two Good Reasons To Borrow Money
The people normally using 4thWay’s research are all very lucky. I mean, I presume you have money to spare if you’re lending it. There are an awful lot of people who can’t say the same. Yet I think it’s worth looking at the other side…
HNW Lending Wins Ruling, Contra To Lost Case Last Year
This update on 29th April 2025 is writing up a case in the High Court in February 2025. The judgment on the case was made on 17th April 2025 and it has just landed in my hands. Since the case is now on the public…
The Inaccuracy Of Property Price Forecasts And What To Do About It
However, I’m not going to remind you what the latest property-price forecasts from the UK’s best-known economists are for 2025 or the next 12 months. If you want to know, you’ll have to look them up yourselves. Here’s why… What happened in 2024? To start…
Forecast sources
https://www.bbc.com/news/business-67750565
https://www.cbre.co.uk/insights/books/uk-real-estate-market-outlook-2024/residential
https://www.thisismoney.co.uk/money/mortgageshome/article-12882297/Whats-going-happen-house-prices-2024-Six-property-experts-head-head.html
https://www.thisismoney.co.uk/money/mortgageshome/article-12185481/House-prices-fall-35-2025-says-property-expert-disagrees.html
https://www.bbc.com/news/articles/cn4xrj1l3pmo
House prices
https://www.gov.uk/government/news/uk-house-price-index-for-december-2024
https://tradingeconomics.com/united-kingdom/housing-index
Independent opinion: 4thWay will help you to identify your options and narrow down your choices. We suggest what you could do, but we won't tell you what to do or where to lend; the decision is yours. We are responsible for the accuracy and quality of the information we provide, but not for any decision you make based on it. The material is for general information and education purposes only.
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The 4thWay® PLUS Ratings are calculations developed by professional risk modellers (someone who models risks for the banks), experienced investors and a debt specialist from one of the major consultancy firms. They measure the interest you earn against the risk of suffering losses from borrowers being unable to repay their loans in scenarios up to a serious recession and a major property crash. The ratings assume you spread your money across hundreds or thousands of loans, and continue lending until all your loans are repaid. They assume you lend across 6-12 rated P2P lending accounts or IFISAs, and measure your overall performance across all of them, not against individual performances.
The 4thWay PLUS Ratings are calculated using objective criteria that can be measured and improved on over time, although no rating system is perfect. Read more about the 4thWay® PLUS Ratings.
