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Peer2Peer Finance News | September 18, 2019

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Landbay: Pet-friendly properties more attractive for renters

September 17, 2019 |

NEW TENANTS are most attracted to pet-friendly properties, unfurnished properties, and properties with a garden, Landbay has revealed.

In a new survey, the buy-to-let focussed marketplace lender asked 2,000 renters what would make them want to approach a landlord about … Read More

Completely Property Funding Marketplace

September 17, 2019 |

Completely Property Funding Marketplace

Date: 1 October, 2019

Venue: London

The inaugural Completely Property Funding Marketplace is set to become the unmissable annual event where the finance and property industries can network and discuss opportunities.

Situated in the historic Old Billingsgate Market in the … Read More

Landbay narrows losses as it aims to become a ‘meaningful BTL lender’

September 16, 2019 |

LANDBAY narrowed its losses last year thanks to increased revenues and gross profit.

The peer-to-peer property lender’s annual accounts for last year show its revenue increased from £994,495 to £4.4m and gross profit was up to £2.5m compared with £250,000 … Read More

Property Investor Show

September 16, 2019 |

Property Investor Show

Date: 4 October, 2019

Venue: London

The UK’s premier property expo is the “MUST ATTEND” event for anyone serious about making money from property investment. As always the show is FREE to enter.

It is the ideal place … Read More

The House Crowd set for £1m fundraise on Seedrs

August 22, 2019 |

THE HOUSE Crowd is looking to raise up to £1m on Seedrs in order to expand its product range, develop a new brand and improve its technology.

The peer-to-peer property development and bridging lender will offer 3.4 per cent equity … Read More

Lendy investors must undergo new AML checks

August 19, 2019 |

LENDY investors will have to go through anti-money laundering (AML) checks again before they receive any money back.

RSM, which was appointed administrator of the collapsed peer-to-peer lender in May, said it has uncovered “certain deficiencies” in Lendy’s AML procedures.

Read More

LendInvest secures £200m institutional funding line

August 12, 2019 |

LENDINVEST has secured a £200m funding line from the National Australia Bank (NAB).

The alternative property lender said the institutional funding would help expand its buy-to-let product.

The platform has now raised more than £1.8bn of debt and equity from … Read More

Residential mortgage lending declines in June

July 24, 2019 |

THE number of mortgage approvals and the value of lending both declined for the first time in three months during June 2019, industry data shows.

Approvals and the value of mortgage lending had been steadily rising between March and May, … Read More

New concerns emerge about FCA regulation of Lendy

July 22, 2019 |

LENDY investors have backed calls for an independent probe into the regulation of the peer-to-peer property lending platform prior to its collapse.

The latest administrator’s report on Lendy showed that the Financial Conduct Authority (FCA) had given full authorisation to … Read More

Property Partner unveils new chief exec and introduces account fee

July 17, 2019 |

PROPERTY Partner has appointed a new chief executive and has introduced new fees to the platform.

The peer-to-peer property investment platform, which crowdfunds projects and provides development loans, is now on its third chief executive in five years.

Chief financial … Read More