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Peer2Peer Finance News | July 20, 2018

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property lending

Building on success

May 1, 2018 |

Wellesley is leading the way in property lending. Andrew Turnbull, managing director of Wellesley, tells Peer2Peer Finance News why the property market is all about building relationships

WELLESLEY has been synonymous with peer-to-peer investing since it launched back in 2013, … Read More

Wellesley doubles fourth-quarter lending to £107m

January 9, 2018 |

WELLESLEY Group has reported £107m of lending in the final quarter of 2017, which is almost double the amount lent in the same period the previous year.

The alternative property lender said on Tuesday that the funds will support the construction … Read More

Wellesley & Co: Get ready for proptech 3.0 with “elite survivors”

October 18, 2017 |

WELLESLEY & Co has cited predictions that there will be consolidation in the proptech sector, as firms drop by the wayside leaving “a crop of elite survivors”.

The alternative property lender said it expects the rest of 2017 and early … Read More

Lendy’s profits and revenues soared in 2016

September 29, 2017 |

LENDY has reported a bumper rise in profits and revenues last year, alongside strong growth in both new users and value of loans.

The peer-to-peer property lender said on Friday that pre-tax profits increased by 164 per cent to £2.74m … Read More

LendInvest completes its largest development finance deal

May 11, 2017 |

LENDINVEST has completed its largest development finance deal to date, which will fund the construction of 66 new homes in West Drayton, a town set to benefit from a Crossrail station in 2019.

The online mortgage lender, which is … Read More

Landbay: The next steps

February 6, 2017 |

First they got the FCA approval, then they got ISA manager status. But the IFISA is just part of Landbay’s plans for growth this year, as chief executive John Goodall tells Peer-to-Peer Finance News…

Congratulations are in order for Landbay, … Read More

LendInvest launches fast-track auction loans

December 14, 2016 |

ONLINE mortgage lender LendInvest has launched its first fast-track finance product to help brokers prepare for the first property auctions of 2017.

The product will enable brokers to access short-term property loans much more quickly than usual, so that they … Read More

Autumn Statement: Property-focused platforms call for tax shake-up

November 23, 2016 |

PROPERTY-FOCUSED peer-to-peer lenders have urged Chancellor Philip Hammond to roll back his predecessor’s efforts to cool the market in today’s Autumn Statement.

They argue that former Chancellor George Osborne’s increased levies on the buy-to-let (BTL) sector have slowed down the … Read More