Some 4thWay users asked us about three P2P lending sites missing from the 4thWay comparison tables, and about a fourth P2P lending site that has been proving frustrating. Here are their questions and our answers. S Smith, 4thWay user: I think your website is very helpful. Well done. However, I cannot find any information on… Read more
At first glance, Assetz Read more’s* Property Secured Investment Account looks pretty much like what I always thought its Great British Business Account was really meant to be. Its British business account describes itself as lending in loans that are “usually” backed by land and property, which Assetz could usually repossess and sell if the…
There are very few P2P lending sites that have given me the feeling of 100% honesty and openness that we at 4thWay also aim for, but I certainly feel that from CapitalStackers. Jumping through hoops For a P2P lending site to get listed on 4thWay, it needs to go through a very time-consuming process, involving… Read more
Scott is a 4thWay reader to whom I am grateful since he takes the trouble to send us much needed feedback. (Hint hint. You can send your praise, requests and constructive criticism to email@example.com. Thanks!) Scott just asked me if, in the light of new information from Wellesley & Co.*, would I change my Welleslley… Read more
The safest type of lending is lending to borrowers who own investment properties. This means lending to landlords who own and rent out any of the following: Residential properties (houses and flats). Shops. Offices. Factories. Car parks. Workshops. Other land or properties. What makes investment-property lending so compelling? The loans are secured against very solid, very… Read more
Recently I was a bit confused about the difference between Assetz Read more’s various products, in particular when you want to get early access or get your money lent quickly. After asking Assetz for clarity, I just want to quickly share this with you in case you are also struggling to spot the subtle differences….
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 Read morehas frowned upon pre-funded loans in some cases. “Pre-funded” means that either the P2P lending site lends the money to the borrower themselves…
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 start giving some of its property loans a worse grade…. Read more