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shindigger

Thoughts On This? Lazy Git Seeks Interest For Doing Nothing Shock.

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Investment through Wellesley & Co involves lending to individuals or companies and therefore your capital is at risk and interest payments are not guaranteed if the borrower defaults. It is important to remember that historic loan default rates are not necessarily indicative of future default rates.

Wellesley & Co is Authorised and Regulated by the Financial Conduct Authority (FCA) (registration number 655503). Wellesley & Co is not covered by the Financial Services Compensation Scheme. Wellesley & Co Limited (No. 07981279) is registered in England and has its registered office 7 St John's Road, Harrow, Middlesex, HA1 2EY.Wellesley Finance Plc is not regulated by the Financial Conduct Authority and does not offer any regulated services. Wellesley Finance Plc (No. 08331511) is registered in England and has its registered office 7 St John's Road, Harrow, Middlesex, HA1 2EY. The trading address for both Wellesley & Co Limited and Wellesley Finance Plc is Second Floor, 83 Baker Street, London, W1U 6AG.

* This figure is the total security held for all loans that we currently hold. It should be noted that each separate loan has specific security available only to that loan and the total security amount shown is not cross-collateralised.

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Welcome to a new world, where low interest rates creates new industries.

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4% gross for that level of risk? At least with funding circle I was* getting double that net.

*wound that down now as it was too much hassle, but will consider again when the P2P ISAs arrive next year.

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4% gross for that level of risk? At least with funding circle I was* getting double that net.

*wound that down now as it was too much hassle, but will consider again when the P2P ISAs arrive next year.

My guess it would be better to invest into P2P before the ISA comes in you will probably be able to move it into a isa afterwards. There maybe such a flood of money afterwards that lending it out or getting a good rate wont be easy.

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