Category: Background

RateSetter to retire 3 year market

August 3rd, 2016
RateSetter
RateSetter have announced in their July statement email sent to lenders that they plan to retire the 3 year market from October. Unlike some of their competitors this is the first time that RateSetter has actually retired a market. It is likely some l… more »

Folk2Folk move to larger office

July 27th, 2016
Folk2Folk
On 22nd July, Folk2Folk, a leading Peer-to-Peer lender based in Launceston, celebrated their move into a new head office with a summer party attended by MP for North Cornwall, Scott Mann, the Mayor of Launceston, Brian Hogan, and many leading local busi… more »

Open letter to Andrew Bailey

July 27th, 2016
P2P Finance Association
Christine Farnish, Independent Chair of the Peer-to-Peer Finance Association has written an open letter to Andrew Bailey, Chief Executive of the Financial Conduct Authority, concerning comments made during a House of Commons' Treasure Select Committee m… more »

What effect will "Brexit" have on peer-to-peer lending?

June 9th, 2016
The upcoming referendum on the UK's continued membership of the European Union is certainly a contentious issue with viewpoints becoming polarised.  A recent poll on the P2P Independent Forum showed a bias towards members favouring an exit rather than r… more »

Folk2Folk pass £100million mark

June 7th, 2016
Folk2Folk
Leading P2P provider Folk2Folk have joined the select club of peer-to-peer companies that have lent more that £100million.  Based in Cornwall the company has a growing high street presence as well as the internet.  To date Folk2Folk has not experienced… more »