Our August 2016 Statistics: P2P Secured Loans
In addition to our equity-based crowdfunding investments, did you know we also offer peer-to-peer secured loans for real estate? We’ve been offering these since 2015, with much success. See below details of our August 2016 statistics to find out how these performed last month.
What is secured peer to peer lending for real estate?
Peer to peer lending is a type of debt financing, allowing individuals to borrow money without backing or by using traditional financial institutions. By lending through P2P on real estate, there is the chance for higher return yields (though, of course, this comes with some risk to capital). You can find out more with our free Guide to Making Peer To Peer Secured Loans.
Check out how these performed in our August 2016 statistics…
Here’s the stats to show how these P2P secured loans are doing as of August 2016 (Gross):
- Total Sum Loaned –£8,784,684
- Total Returns Paid – £127,241
- No of Loans – 22
- No of Loans Repaid – 7
- Average Loan Period – 10 months
- Default Rate – 0%
- Average Loan Size – £399,304
- Average Loan to Value – 68%
- Average Interest Rate Paid – 9.00%
You can learn more about our secured peer to peer loans by downloading our free guide here.
You can also read more about our new peer to peer loans, equity investments and property crowdfunding by simply registering on our website by hitting the purple button. Alternatively, have a browse through our current investment opportunities by clicking the blue button!
If you have any questions about investing in peer to peer secured lending or property crowdfunding, then please don’t hesitate to get in touch with us. We’re always happy to offer advice and information on all aspects of property investment to help you choose the right investment method for you.