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Peer2Peer Finance News | August 23, 2017

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Lendy warns housing shortage is pushing buyers to high risk mortgages

August 21, 2017 |

A LACK of lending to developers coupled with a boom in high-risk mortgage lending risks overstretching current homeowners, Lendy claims.

A freedom of information request to the Bank of England by the peer-to-peer property platform found high-risk mortgages – those … Read More

Positive Lending joins Landbay’s panel of distribution partners

August 11, 2017 |

PEER-TO-PEER buy-to-let lender Landbay has added Positive Lending to its panel of distribution partners.

The partnership means Positive Lending, which assists more than 3,000 intermediaries with loan inquires a year, will be able to give buy-to-let clients access to P2P … 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

Landbay cuts rates and fees in quest for new borrowers

March 31, 2017 |

LANDBAY has stepped up its quest for new borrowers by cutting its interest rates and arrangement fees and broadening its eligibility criteria.

The property peer-to-peer lending platform has slashed rates on two-year loans by 12 per cent and on five-year loans … Read More

LendInvest extends its free property developers courses

March 28, 2017 |

LENDINVEST is extending its teaching courses for property developers to four more cities this year, after its first offering was 10-times oversubscribed, the firm announced on Tuesday.

The online property finance lender, which is a member of the Peer-to-Peer Finance … Read More

LendInvest partners with loan servicing firm Pepper UK

March 27, 2017 |

LENDINVEST has partnered with Pepper UK, in what is believed to be the industry’s first partnership between a UK online property finance marketplace and an outsourced loan servicing business.

The online mortgage lender will outsource the servicing of any new … Read More