With stock markets in turmoil and cash savings rates at historic lows, investors willing to take a bit of risk can still find many great opportunities within the peer-to-peer lending market.
Investors in EasyMoney can earn from 3.67 per cent within its classic account (£100 and above), to 5.12 per cent within its premium product (£10,000 plus) and eight per cent for professional lenders investing £1m or more.
Property Partner investors can receive returns up to 15 per cent, while lenders in Loanpad can benefit from expected returns of 3.50 per cent within its classic account and 4.50 per cent within its premium account.
Shojin Property Partners offers investors expected returns between eight to 18 per cent on a variety of property-backed loans.
Consumer P2P lender Leap Lending, which has reported growth throughout Covid-19 after launching in December last year, advertises rates of up to five per cent.
It’s worth noting that all investments carry a degree of risk and P2P is not FSCS protected.