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Peer2Peer Finance News | August 18, 2019

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Michael Lynn

Surveyors eschew P2P property lenders on insurer concerns

May 2, 2019 |

SURVEYORS are avoiding working with peer-to-peer property lenders due to fears of multiple negligence claims.

Peer2Peer Finance News understands that professional indemnity (PI) insurers are reticent to issue policies for surveyors working with P2P property lenders, due to concerns that … Read More

The letter of the law

April 17, 2019 |

Compliance is an essential component of the peer-to-peer lending sector, keeping platforms in check as they push at the boundaries of innovation. With new regulations looming, what should firms prepare for and should investors feel reassured that their money is … Read More

Relendex secures £72m City funding line

November 19, 2018 |

RELENDEX has secured a new £72m funding line from an unnamed institutional investor, as it eyes £100m of lending in 2019.

The peer-to-peer property lender said on Monday that the two-year agreement will give it a minimum of £3m per month … Read More

The Peer2Peer Finance News Power 50 2018

November 1, 2018 |

The 2018 Peer2Peer Finance News Power 50 demonstrates just how much this multi-billionpound industry has achieved over the past year.

Our definitive annual list of the 50 most influential people in the UK’s P2P sector includes the head of the … Read More

P2P platforms reassure investors over risks of borrower litigation

October 30, 2018 |

PEER-TO-PEER lending platforms have moved to reassure their customers, after it emerged that Lendy investors are possibly facing legal action from a borrower.

A property developer who borrowed money from Lendy is threatening to sue the P2P property platform and its … Read More

Relendex appoints commercial director

October 18, 2018 |

RELENDEX has appointed former BDO accountant Paul Sonabend as commercial director.

Sonabend (pictured) joins the peer-to-peer property lender after holding chief financial officer positions at companies in sectors including food packaging, airline catering, health diagnostics and market research.

He is … Read More

Relendex increases maximum loan size to £5m

October 1, 2018 |

RELENDEX has announced that it has increased its maximum single loan size from £3m to £5m after securing new funding lines.

This brings the peer-to-peer property lender closer to attaining its lending target of £100m in the next calendar year.

Read More

IFISAs: The long road

February 9, 2018 |

With the industry’s largest lenders now offering the Innovative Finance ISA, surely the tax wrapper will cement its status in the mainstream investment space this year? We provide an update on the product’s process

IT IS hoped that the 2017-18 … Read More

P2P sector urges chancellor to set bold housing agenda in Autumn Budget

November 13, 2017 |

THE PEER-TO-PEER lending sector has called on the chancellor to introduce a more ambitious housing programme in this month’s Budget.

There have been several rumours about the content of Philip Hammond’s first Autumn Budget, set for 22 November 2017, including … Read More

The P2P Power 50

October 2, 2017 |

PEER-TO-PEER lending has rapidly grown into a multi-billion-pound industry, bringing together the best in banking and technology as well as lawyers, regulators, analysts and fund managers.

So, who are the key players influencing the UK’s P2P sector? The inaugural Peer2Peer … Read More