In April 2016, HM Treasury gave the green light to the peer-to-peer lending industry to offer investors more choice alongside existing Cash and Stocks & Shares ISAs. As a FCA fully authorised firm, Relendex is able to offer investors the Innovative Finance ISA (IFISA) providing tax-free investment returns.

The peer-to-peer property industry has grown by leaps and bounds over the past few years. But what do platforms such as ourselves offer to borrowers that they can’t get from high-street banks?

There are a multitude of reasons that could influence a borrower’s decision to go for the ‘alternative lending platform’ (which honestly is becoming more mainstream and less alternative).

Slow growth in house prices say the experts but commercial property sees its biggest increase since December 2015.

There was a time when all commercial property lending was almost exclusively in the hands of banks, large insurance companies and pension funds, and they made good secure returns quietly lending their investors’ money to borrowers.

How times have changed. Since technology got more sophisticated and a lot cheaper, new lending business models emerged in the form of Peer to Peer (P2P) lenders. This new breed of ‘marketplace lenders’ is now a force to be reckoned with and in the UK alone the P2P market has grown massively since the first platform launched in 2005. In fact approximately £5bn has been lent since then.

March has been a milestone month with us receiving full FCA authorisation late in the month, you can read the full post about it here.
We closed the Clapham South Residential Development auction in good time and listed a slightly larger than usual loan, South Liverpool Residential Development which is 46% filled at time of posting. With our platform growing, so will our loan book as we aim to provide Lenders with more loans to lend on without compromising on quality.

P2P Real Estate Lending Marketplace Relendex Reaches Milestone with Full FCA Authorisation