Compare P2P lending accounts and IFISAs now

The P2P Loans Feed: 7%-13% Interest Loans Under 50% LTV

Click "Learn" to get help

Definitions: security, LTV and first chargeIt is incredible right now the high interest rates available to lenders on very secure loans (see the definitions box), if you just take the time to choose your own loans.

This feed alerts you to the current list of individual loans from over a dozen P2P lending sites that:

– Pay high interest of 7%-13%.

– Have loans-to-value (see definitions box) of 50% or less versus the current property value.

– Have a first charge or equivalent (see definitions box).

– Are likely in normal conditions to meet these criteria throughout the length of the loan.

– Are not in breach of important clauses to protect lenders (called “covenants”), provided breaches are clearly disclosed up front.

– (For second-hand loan parts) there's enough time remaining on the loan to make lending worthwhile.

These loans that come with great interest rates and low loans-to-value are limited and fill up quickly, so you need to be on the ball.

Please do consider other factors, not just loans-to-value, and always spread your money across lots of loans, types of loans and P2P lending companies.

We can't accept liability for any losses you have that are caused by any errors we make in the Feed so please double check before you lend.

The P2P Loans Feed – Current Available Loans:

All items last updated (daily) on: 13/12/2016 at 2.42pm.

Don't miss a loan! Please sign up to receive Feed updates as they happen. See the bottom of this page!

 

 

#58. MoneyThing: 12% interest on 49% LTV to a football club

MoneyThing does short-term property loans as well as loans against boats, aircraft, jewellery and more.

About the loan

This loan is back for the fourth time on the secondary market, i.e. you can buy part off the loan from existing lenders.

It's a loan for £500,000, which will be expanded to £2.4m against a League One football club's stadium and grounds valued at £4,850,000, so the LTV is 49.48%. The loan will be used to buy a new site for a new stadium. (Whether the old stadiums value will fall when the original stadium is completed, we don't know.)

Please note that the club is potentially having some difficulties – read MoneyThing's description thoroughly before lending to ensure you're comfortable with that.

The interest rate is 12%. Around £100,000 of this loan is currently available to buy from other lenders.

For more details and to lend, open a MoneyThing account and look for loan MTAG554.

#48. FundingSecure: 36% LTV paying 13% interest + cashback + bonuses

FundingSecure does loans against property, cars, boats, artwork, jewellery and more. It has lent £60 million.

About the loan

This loan secured against 300-acres of land in Suffolk is back again, with the borrower borrowing more as planned – for the last time.

The property is currently valued at £3.5 million.

The loan is for £571,500. The first part of the loan was £683,500, so it's a total of £1,255,000. This means the current loan-to-value is 35.8%.

Interest is 13%, earned at the end of the loan (up to six months in this case). You can earn tiered bonus interest, starting from 0.5% for lending £5,000 and up to 4% for lending £100,000+.

Minimum amount you can lend is £25.

(Update on 13/12/2016: the loan is 90% funded.)

For more details and to lend, open a FundingSecure account and look for loan number 6070998298.

#36: Proplend loan paying 8.75%, secured on rented commercial property

Proplend* does loans against commercial property that is earning rent. Its “tranche A” loans have a maximum 50% LTV. Proplend tranche A loans have a 5/5 4thWay PLUS Rating (opens new window).

About this loan

The security is in the form of offices, a workshop and storage units in Birmingham that are already receiving rent. If these go down to 90% occupied they will still be receiving 1.3 times the monthly mortgage payments in rent. Currently they are receiving 1.4 times.

The loan is paying 8.75% with 50% LTV. Note that the total LTV listed of 62.69% is the total LTV including a second loan ranked behind this one. Lenders in this loan, however, do have a loan-to-value of 50%.

This loan is for £650,000. (Update on 13/12/2016: around £40,000 is available to lend.)

Minimum amount you can lend is £1,000.

For more details and to lend, open a Proplend* account and look for the “Birmingham” loan. See also loan #4, below, for another Proplend loan.

#4. Proplend: earn 7.5%, LTV 37%, secured on rented commercial property

Proplend* does loans against commercial property that is earning rent. Its “tranche A” loans have a maximum 50% LTV. Proplend tranche A loans have a 5/5 4thWay PLUS Rating (opens new window).

About this loan

The security on this loan is an industrial estate with 20 occupied units out of 22. It is producing income for the landlords that is three times more than the monthly loan repayments.

The property is worth approximately £1,325,000 versus the loan size of £500,000. The loan-to-value is therefore 37.74%. If planning permission is approved, the current value could roughly double, improving the security further.

(Update on 13/12/2016: this loan is now around 90% funded.)

Interest is 7.5%, paid out on a monthly basis, with the loan itself repaid at the end.

Minimum amount you can lend is £1,000.

For more details and to lend, open a Proplend* account and look for the “Essex” loan.

#1. Unbolted Loan: 43% LTV with 10% interest, original Shakespeare folio

Unbolted* does loans secured against jewellery, antiques and other assets.

About the loan

The security in this loan is a first folio of Shakespeare, an engraving, and a collection of books, manuscripts and works on paper.

This is a loan to a known book dealer who already has an agreement to resell the portfolio to a collector.

Total loan amount is £850,000 loan. (Update on 13/12/2016: this loan is around 70% funded).

Unbolted or its agents, in this case Sothebies and Christies, values items conservatively and this leads to a mid-range conservative valuation of £2 million in the current market, which means a loan-to-value of under 43%.

A substantial reserve fund of approximately 1% of all (non-gold) loans on Unbolted also covers you from excess losses after a forced sale of the security. Unbolted will also cover the first £2,400 of any unrecoverable losses from its fees on this loan.

Interest is 0.8% per month, paid monthly, which works out at a 10% compounded annual interest.

Minimum amount you can lend is £500.

For more details and to lend, open an Unbolted* account and look for loan number 2DFDC27E2.

Get instant updates to the P2P Loans Feed

Don't be late and miss out on taking part in any of these loans. We send you alerts through email and facebook notifications as soon as the loans are listed here.

*Commission and impartial research: our service is free to you. We already show dozens of P2P lending companies in our accurate comparison tables and we keep adding more as soon as they provide us with enough details. We receive compensation from ArchOver, Assetz Capital, HNW Lending, Proplend and Unbolted, and other P2P lending companies not mentioned above when you click through from our website and open accounts with them. We vigorously ensure that this doesn't affect our editorial independence. Read How we earn money fairly with your help.

Today’s average interest rates

What is the “4thWay”?

There's the savings way, the property way, the stock-market way, and now there's the peer-to-peer lending way. The 4thWay® to save and invest.
Learn more.

What does 4thWay do?

We help people save and make more money, more safely when they cut out the banks and lend directly to other people and to businesses.

Why use 4thWay?

4thWay® is shaped by investors, bank risk modellers and a senior debt specialist, and we're governed by our users to ensure our comparison services and research are trustworthy and complete.

Why are Wellesley’s interest rates different?

Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers “bonds”. Unlike its P2P lending service, its bonds don’t allow you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

Got it

×

Why are Wellesley’s interest rates different?

Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers two “bonds”, one of which is available as an ISA.

Unlike its P2P lending service, neither of these bonds allows you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

Got it

×

Why are Wellesley’s interest rates different?

Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers two “bonds”, one of which is available as an ISA.

Unlike its P2P lending service, neither of these bonds allows you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

Got it

×

Why are Orchard’s interest rates different?

Orchard’s lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Orchard’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Got it

×

Why are Wellesley’s interest rates different?

Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers “bonds”. Unlike its P2P lending service, its bonds don’t allow you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

Got it

×
Back to top