Peer-to-peer lender publishes loanbook

By Ryan Weeks on Tuesday 5 December 2017

Alternative Lending

Property lender LandlordInvest makes loanbook available for download.

Full-authorised peer-to-peer lending platform LandlordInvest, a relatively new player in the property lending space, has published its full loanbook online.

All seven members of the Peer-to-Peer Finance Association are required to publish their loanbooks. LandlordInvest is not a member of the association, but is not alone in having opted to share its loanbook of its own accord.

“In the spirit of the P2P lending and transparency, we now publish our loan book to the public to allow investors and borrowers alike to make informed decisions when either investing or borrowing through,” said Filip Karadaghi, the platform’s chief executive.

LandlordInvest specialises in residential and commercial real estate mortgages. It received full authorisation from the FCA in January of this year, and is an Innovative Finance ISA manager.

The loanbook, which can be downloaded here, will be updated on a monthly basis. It’s still early days for the platform, but at present it claims an average annual gross return to investors of 11.1 per cent, with no capital losses or defaults, after just shy of £3m of lending across one year of activity.

“Considering the low returns offered by many ISAs, in many instances below the inflation rate, this shows that UK investors have strong inflation beating alternative to traditional asset classes in property-backed P2P lending,” said Karadaghi.

The loanbook contains details of every loan completed thus far, including average loan size, loan term, LTV and interest rates. 

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