Category: Background

Saving Stream default repaid in full

March 1st, 2017
Saving Stream
Saving Stream have announced that they have repaid all lenders for loan PBL020, along with interest.  There was a shortfall in the realised amount following the sale of the asset, but this has been covered by the Saving Stream provision fund.  This has… more »

Landbay launches ISA

February 20th, 2017
Landbay
Following on from Lending Works last week, Landbay has launched their own Innovative Finance ISA.  The ISA has a minimum investment of £5000, with a maximum of £15,240 (set by the government), raising to £20,000 next April.  Lenders are able to transfer… more »

100 peer-to-peer platforms

February 7th, 2017
Zopa
Since the laucnh on Zopa in 2005, there have been over 100 lending platforms allowing individuals from the UK to become peer-to-peer lenders.  A number of these platforms no longer exist, having ceased trading, and a number of others have merged.  Looki… more »

Zopa reduce rates again

January 25th, 2017
Zopa
Following several reductions in rates in 2016, Zopa have announced that they are dropping lending rates again by another 0.2%. Here is the full email sent to lenders: Since I last wrote to you about our lending rates, the personal loans market has b… more »

OFF3R release Q4 2016 OFF3R Index

January 17th, 2017
OFF3R
OFF3R, the marketplace for alternative investments, have just published their Q4 Index Report.  The report analysed month-on-month performances of peer-to-peer (P2P) lending & Equity crowdfunding platforms in the UK over the last year.  Due to its s… more »