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Peer2Peer Finance News | June 26, 2019

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John Goodall

Manufacturers boost business borrowing in June

July 25, 2018 |

THE AMOUNT borrowed by UK businesses fell by 1.8 per cent over the 12 months to June amid “ongoing economic uncertainty”, according to new research.

This was an improvement from a 2.6 per cent decline in the 12 months to … Read More

Remortgaging activity boosts lending market to £22.2bn

June 26, 2018 |

MORTGAGE lending rose to £22.2bn in May thanks to heightened remortgaging activity across the UK.

However, industry specialists have warned that an imminent rate rise may lead to a slowdown in the third quarter of the year.

The latest UK … Read More

Recent board appointments highlight gender inequality in P2P

June 18, 2018 |

TWO recent appointments have highlighted the lack of gender diversity in the UK’s peer-to-peer sector, where women still occupy a minority of roles.

In May, Funding Circle named former O2 and Tesco Mobile executive Cath Keers as its first female … Read More

P2P lenders prepared for new data rules

June 5, 2018 |

PEER-TO-PEER lending platforms have welcomed the new General Data Protection Regulation (GDPR) and confirmed that their processes meet with the new EU standard.

“We welcome any measures which safeguard personal information, and very much see GDPR as a significant … Read More

Lenders warn of BTL mortgage rate hike

May 29, 2018 |

PEER-TO-PEER property lenders have warned that a buy-to-let mortgage rate hike could be on the cards amid expectations of a rise in interest rates.

Although the Bank of England decided to hold UK interest rates at 0.5 per cent at … Read More

Landbay growth continues with new hires

May 1, 2018 |

PEER-TO-PEER property lender Landbay is continuing its growth plans with a series of new hires that will see the business’s headcount increase by 70 per cent this year.

Landbay announced on Tuesday that it had a record first quarter in which … Read More

Landbay among cheapest providers amid boom in limited company mortgages

April 24, 2018 |

PEER-TO-PEER property lender Landbay is offering some of the best value rates for landlords who have registered as limited companies, as it is revealed that that the number of fixed limited company mortgages has tripled in just two years.

New … Read More

Landbay reaches Women in Finance targets

April 23, 2018 |

LANDBAY has achieved the targets set last year as part of its commitment to the Treasury’s Women in Finance Charter.

The buy-to-let specialist has confirmed that there is now a minimum of one female representative on every interview panel. It … Read More

Landbay raises £1.6m in latest Seedrs funding round

April 19, 2018 |

PEER-TO-PEER lender Landbay has raised £1.6m in its sixth round of equity crowdfunding on the Seedrs platform, as the company reaffirms its ambition to become profitable by the end of the year.

Landbay, which specialises in buy-to-let mortgages, caught the … Read More

Landbay opens Seedrs round to new investors as chief eyes IPO

March 29, 2018 |

LANDBAY has announced that it is opening its latest equity funding round to new investors on Seedrs, as its chief executive unveils the company’s flotation ambitions.

The peer-to-peer lender, which specialises in buy-to-let mortgages, has already raised its target of … Read More