Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | June 22, 2017

Scroll to top

Top

Personal Finance News

Carney shoots down speculation of rate increase

June 20, 2017 |

BANK OF England Governor Mark Carney (pictured) has hinted that there will not be an increase in the base rate for some time, which could spell good news for peer-to-peer lending platforms.

His comments came less than a week after … Read More

TISA lobbies for P2P inclusion in SIPPs amid advisor outreach

June 13, 2017 |

THE TAX INCENTIVISED SAVINGS ASSOCIATION (TISA) is lobbying both HMRC and the FCA to include P2P investments in self invested personal pensions (SIPPs), as it continues to reach out to financial advisors on behalf of the industry.

Jeffrey Mushens, technical … Read More

Four in 10 Brits shunning savings, RateSetter warns

June 12, 2017 |

ALMOST four in 10 Brits failed to save a penny in the three months to April, RateSetter research has found, with the peer-to-peer lender warning that this could lead to financial difficulties down the line.

37 per cent of UK … Read More

Savers hit by “toxic combination” of low rates and rising inflation

May 19, 2017 |

SAVERS are suffering from a “toxic combination” of low rates and rising inflation as even the highest paying easy access accounts can’t beat the cost of living.

Research by property investment platform Property Partner found an average easy access account … Read More

Savers urged to look for cash alternatives as inflation hits new high

May 16, 2017 |

SAVERS are being urged to “wake up and smell the coffee” as inflation hit a 43-month high of 2.7 per cent in April.

Consumer price inflation is at the highest rate since September 2013, boosted by higher air fares, energy and … Read More

UK savers set to seek investment opportunities away from cash

April 26, 2017 |

RISING inflation may provide alternative finance firms with an opportunity to entice usually-conservative savers, as the vast majority of financial advisors expect Brits will move some of their cash deposits into other asset classes to prevent their cash value being eroded.

Read More

Nearly two million UK pensioners below poverty line

April 25, 2017 |

NEARLY two million UK pensioners are living below the poverty line and one in four struggle financially, new research claimed on Tuesday.

Financial savings advisor Age UK warned that almost three million Britons aged over 65 are finding it difficult to make ends meet, while … Read More

UK housing market still under pressure, Landbay chief warns

April 20, 2017 |

UPBEAT mortgage lending figures published on Thursday do not necessarily mean the UK housing market is off the hook, Landbay’s chief executive has warned.

The Council of Mortgage Lenders reported a 19.4 per cent increase in mortgage origination in March, partly soothing fears … Read More

Growth Street snaps up 600 investors in five months

April 20, 2017 |

GROWTH Street has attracted 600 investors in the five months since it started accepting retail money, the firm announced on Thursday.

The alternative finance platform, which channels funds to small- and medium-sized enterprises, expanded its remit to individual lenders in … Read More

Just Google it! Millennials favour search engines over financial advice

April 19, 2017 |

MILLENNIALS are favouring search engines over professional financial advice when it comes to managing their own money, research claims.

A poll of more than 2,000 adults by Zurich UK claims 15 per cent of millennials, referring to those aged 18-34, … Read More