Category: Lending

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 »

Rebuildingsociety obtain full FCA authorisation

February 28th, 2017
ReBuildingSociety
Rebuildingsociety.com become the latest peer-to-peer lending platform to obtain full authorisation from the Financial Conduct Authority. Here is their statement on their blog: rebuildingsociety.com has been awarded full authorisation from the Financ… 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 »

Lending Works ISA suspended

February 9th, 2017
Lending Works
After reporting yesterday that Lending Works had launched their new Innovative Finance ISA, the platform announced today that they have temporally suspended ISA applications.  This is due to £2million of funds being received within 24 hours. Here is th… more »

Lending Works ISA now live

February 8th, 2017
Lending Works
We reported in October that Lending Works had become the first major peer-to-peer platform to receive full authorisation from the FCA. Following this, Lending Works have today announced they have launched their new Innovative Finance ISA. The platform e… more »