Archives for: July 2014

Wellesley & Co launch TV commercial

July 29th, 2014
Wellesley & Co.
Wellesley & Co have launched a new TV commercial for their peer-to-peer offering. more »

Is HMRC going to tax lending fees?

July 28th, 2014
There is a discussion on the Zopa Talk form and P2P Independent Forum concerning lending fees.  A large minority of peer-to-peer companies, including Zopa and Funding Circle charge lenders a fee to use their services, but this fee is offset against inte… more »

Wellesley & Co to launch mini-bond

July 27th, 2014
Wellesley & Co.
Wellesley & Co, one of leading second generation of peer-to-peer lending companies, has announced it is launching a mini-bond.  The rates being offered (6-7%) are very similar to the existing lending rates through the Wellesley & Co lending plat… more »

Landbay offer 2% cashback

July 25th, 2014
Landbay, one of the newer peer-to-peer companies, are offering 2% cashback on funds lent before 31st July.  The interest rate for an A+ loan is currently 4% per annum over 3 year years, which is comparable with Zopa.  Their A+ lending rates are a little… more »

MoneyWeek survey on peer-to-peer lending

July 3rd, 2014
RateSetter, one of the leading peer-to-peer companies, has published a survey of MoneyWeek readers on the topic of peer-to-peer lending.  Interestingly 93% of respondants indicated they believed peer-to-peer offers better value than banks, and 87% belie… more »