April 18 2017: Lendy, Europe’s leading peer to peer secured lending platform, is launching The Lendy Property Pulse (‘the LPP’) as a simple way of tracking the key drivers of the UK residential property market – a key indicator of the health of the UK economy, now Article 50 has been triggered.

The LPP tool will help platform users follow the fundamental drivers of the UK’s residential property market, as well as providing a litmus test to general followers of the housing market.

Lendy says that the LPP will consist of a simple snapshot of five key indicators that strongly influence the UK property market and will monitor how these change over time.

Examples of these key indicators include:

• Expectations for interest rate changes
• The gap between the planned government housebuilding target and the number that have started construction

Lendy says that the LPP will be a useful tool for their private investor base as the loans made through the Lendy platform are all secured against residential property or residential development land. Changes in residential property values impact the risk involved with loans as the value of the underlying security increases or decreases.

Lendy will report on the LPP every quarter.

Liam Brooke, Co-founder of Lendy says: ‘The Lendy Property Pulse is intended to be a quick and easy tool for investors making loans through our platform.

“The LPP will help investors to assess how the value of the security might be impacted by overall changes in the market. It should help supplement their research and allow them to see when trends in property prices diverge from the fundamentals that they should move in step with.

“Understanding the basic factors that drive any change in the property market will help them to stay ahead of the curve.”