
08/03/2017 • news
Platform review by P2Pblog
Saving Stream [now Lendy] offers investment in loans secured against property, with a max LTV (loan-to-value) of 70%. For borrowers (typically property related businesses) they provide bridging loans and development finance via the sister site Lendy Finance from 0.65% per month. They have grown quickly and are now one of the larger P2P platforms, with more than £266million lent out to date.
Key Facts:
Expected Returns: 7%-12%.
Provision Fund: Yes.
Sell Out: Yes, fee free secondary market.
Minimum Investment: None
Cashback: No offers at the moment.
Innovative Finance ISA: Not Yet.
Click on article here