- > Attractive rates of fixed interest income earned tax-free
- > Hassle-free online proposition – you’ll be able to register as a ‘Lender’ and start investing within hours
- > Always On or Self Select
- > A choice of loan to value-based investment ‘Tranches’ – one to suit most risk-reward appetites
- > Buy and sell loan investments on the Proplend Loan Exchange (PLE) – our secondary market
- > Flexibility to withdraw money and return some or all that amount to the ISA in the same tax year without it being considered a new subscription
- > No fees for opening or closing the ISA and no transfer charges or limits
- > Proplend has full Financial Conduct Authority (FCA) authorisation and HMRC ISA Manager status
- > The personal touch – great customer service
- > No investor losses or lower than estimated returns from Tranche A investments since platform launch
Proplend has been described as “one of the lowest risk P2P property lending platforms” and its Tranche A investments as “Astoundingly attractive for the riks in involved” (4thWay). Our platform places an emphasis on minimising Lender risk.
All Proplend loans are secured with a first legal charge of UK commercial property, the majority of which is income producing to help ensure interest servicibility. P2P Lending is not however covered by the FSCS, so capital is at risk.
Maximum loan to value (LTV) of securing commercial property is 75% with an average LTV of loans to date of below 60% LTV. We also withhold a 3-21 month ‘interest reserve’ from the loan capital drawn down as a Lender safeguard.
Comprehensive due diligence information we’ve gathered is made available to registered Lenders about all borrowers, properties and leases so they can satisfy themselves when deciding whether to participate in each loan.
