Some P2P lending sites have to make changes to satisfy the financial regulator, which could mean you sometimes have to wait weeks before all your money is lent. The Financial Conduct Authority has frowned upon pre-funded loans in some cases. “Pre-funded” means that either the…
Peer-to-peer lending sites put loads of time into offering great service to borrowers, but what about service for lenders? Some provide emails that are automatically tailored to what you want or they answer your brief written questions online. But, as far as I know, just…
I fielded a call from a lender who wondered, only very mildly worried, about Funding Circle’s changes to its property loans, which it announced a short time ago. There are two changes. Some property loans to get a worse grade Funding Circle is going to…
I wrote this piece to give those of you new to Wellesley a little background to go with the recent sell alert from my colleague, Neil Faulkner, which you can read here. What Wellesley does Wellesley does development and bridging loans. It has four loans…
Neil Faulkner says that with low interest rates for lenders, less impressive loan book performance than similar competitors, increased risks from borrowing to lend and not enough of the right kinds of unambiguous information and data, he sets out his opinion that, if he was lending…
In light of the Wellesley article setting out why Neil would sell Wellesley loans, it got me thinking what alternatives are there for our money. Simplicity and low risk I’m guessing that some Wellesley* lenders probably want simple accounts and I think they want low risk….
I have taken a look at the collective performance of 12 P2P property lending providers. This is under half the total number, because I am focusing on those that truly specialise in property (over 60% of loans are property loans). I have also excluded P2P…
Crowdstacker is a brand spanking new P2P lending website that helps you lend to businesses. It offers you British businesses that: Are well established. Have a compelling business proposition. Pass Crowdstacker’s financial health checks, which includes fraud checks and checks on their market and industry trends…
