LandlordInvest has lent more than £10m in residential and commercial real estate loans to professional property investors through its platform.
The peer-to-peer property lending platform revealed it has lent £10,106,517 across 55 bridging and buy-to-let loans at an average loan-to-value of 65.4 per cent without obtaining any capital losses.
Over the past three years, lenders have on average earned pre-tax returns of 11.2 per cent per annum and have generated a positive return every month, earning nearly £1m in interest.
In addition, during the same period since November 2017, those investing through an Innovative Finance ISA on the platform have earned average returns of more than 30 per cent, LandlordInvest said.
This is 45 per cent more than the FTSE 100 which has dropped by 15 per cent in that time.
“LandlordInvest is becoming an established and reliable alternative source of financing to professional property investors at a time where, due to the global pandemic, many lenders are withdrawing or substantially reducing their loan offerings, restricting credit when it is needed,” said Filip Karadaghi (pictured), chief executive of LandlordInvest.
“Indeed, LandlordInvest’s platform investors have throughout the pandemic continued funding new loans and supporting professional property investors who have been taking advantage of opportunities in the residential and commercial real estate space, including the stamp duty holiday.
“LandlordInvest’s platform investors have consistently earned double digit pre-tax returns, beating the inflation rate and exceeding the returns offered by traditional asset classes such as bonds and stocks.
“Further, our secondary market has during the pandemic continued to function efficiently, providing investors with liquidity in a time when many other P2P platforms have frozen, or severely restricted liquidity by closing their secondary market, restricting withdrawals, and other draconian measures, showing the resilience and stability of LandlordInvest’s lending platform.
“We are proud of what we have achieved so far and look forward to continue delivering LandlordInvest’s customer centric services to the wider intermediary industry whilst offering superior risk/adjusted returns to platform investors.”