Peer To Peer News

Published on January 2, 2018

2017 – P2P Year In Review

In 2017 our loan book increased 620% from the previous year and almost doubled in total. Lending via the Proplend platform has now exceeded £30m, secured against commercial property worth over £60m. £6m of loans were transacted through the PLE a 300% increase on 2016.

Published on November 29, 2017

Proplend Joins the NACFB

Proplend is delighted to have joined the National Association of Commercial Finance Brokers (NACFB) as a Patron.
Norman Chambers, Managing Director of the NACFB, commented; “Our Member Brokers have warmly received Proplend as they offer further diversity in the property lending

Published on November 1, 2017

Using Your Assets – Proplend IFISA Feature in P2PFN

Proplend CEO and founder Brian Bartaby is interviewed in the November edition of the Peer to Peer Finance News magazine, discussing the outlook for the P2P Industry and Innovative Finance ISA (IFISA). IFISA has been the source of accelerated growth

Published on October 9, 2017

Proplend Shortlisted for Alternative Best P2P Platform

Property-backed P2P Lending Platform has been named on a 4-strong shortlist for the Alternative Best P2P Platform at the Credit Strategy F5 Awards 2017. The winner will be announced on 31 October at a Hilton Bankside (London) ceremony.

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Proplend Gets Moneywise Recommendation For Experienced Investors

In a recent article titled “Peer to peer: Can you really get returns of 10%?” – Moneywise nominated Proplend as one of their ‘picks’ for experienced P2P investors. The Richmond-based P2P property lending platform recently passed £25m

Published on September 28, 2017

Proplend Nominated for Shares Award as Platform Lending Passes £25m

In a week where property-backed lending to date on its platform passed the £25m mark, Proplend has been shortlisted for Best Peer to Peer Lending Platform at the 2017 Shares Awards. Voted for by Shares Awards Magazine

Published on September 6, 2017

Proplend Makes Richmond Move As Growth Continues

UK peer to peer lending platform Proplend has moved to larger premises in Richmond, London. The move comes to accommodate a growing team and platform expansion plans after more than 3 years in Ascot (Berkshire), since founding in 2014. CEO, Brian Bartaby

Published on August 31, 2017

How Proplend Determines Lending Interest Rates

Loan interest rates reflect the credit risk of the underlying transaction – the probability of a loan defaulting. Rates are therefore representations of the creditworthiness of the underlying borrower, the security pledged and the circumstances surrounding the

Published on August 2, 2017

Proplend Extends IFISA Offering To New Customers

Proplend has been in the news this week, with P2P Finance News reporting that the property lending platform had extended the availability of its Innovative Finance ISA (IFISA) to new customers. With effect from 1 August, anyone registering as a Proplend

Published on July 31, 2017

Transparency and Provision Funds – Our CEO’s Thoughts

As an active peer to peer lending participant, you’re probably aware of some negative media coverage around the wholesale lending practices of one of the UK’s biggest peer to peer platforms – as well as the potential losses resulting from those loans