The peer-to-peer property industry has grown significantly over the past few years. But what are the benefits of peer-to-peer for borrowers and lenders?

2017 was a momentous year for us here at Relendex. So we thought it was only fair for us to take a walk down memory lane and see what 2017 brought us.

In his budget statement, the Chancellor, Phillip Hammond declared that he was providing a total of £44 billion in support, (funds and guarantees) over 5 years to kick-start house building in the UK. The government’s stated aim is to build 300,000 houses a year. The average UK house costs £190,000 to build, so even if the Chancellor could achieve his aim, these additional funds only amount to 230,000 additional houses, some 46,000 houses per year.

In an earlier interview on the BBC, Communities Secretary Sajid Javid said taking advantage of record-low interest rates "can be the right thing if done sensibly".

Photo by: Ben James

As property investors look outside of London for new opportunities, Liverpool has proved to be one of the hottest cities for property investors. With a growing population of ~ 489,541, Liverpool is also home to a larger young population in comparison to the rest of England. 42% of the population are below the age of 30, compared to 37% for the country as a whole.

From L-R: Moderator: Robert Stafler, Fintex; Luke Townsend, Zorin Finance; Michael Lynn, Relendex; Mark Posniak, Octane; Dmitri Zaprzala, Octopus Property; John Goodall, Landbay

LendIt Europe has been a main event for the peer-to-peer(P2P) industry ever since 2014 and this year was no different. This year LendIt has also expanded their offering to cover all innovative financial services such as digital banks, robo-advisers, blockchain technology etc.