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pipllman

P2P Lending Against Tenanted Homes

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I feel the need to say no more than this statement from the homepage says - discuss as you will

Landbay is authorised and regulated by the FCA, but lending is not covered by the FSCS.
Your capital is at risk. For more details please refer to our full Risk Statement.

Many P2P platforms offer high returns, but in order to do so must lend into higher-risk markets. Landbay differentiates itself by only lending against tenanted homes, one of the UK’s most resilient asset classes. No development. No bridging. No commercial.

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I feel the need to say no more than this statement from the homepage says - discuss as you will

Landbay is authorised and regulated by the FCA, but lending is not covered by the FSCS.

Your capital is at risk. For more details please refer to our full Risk Statement.

Many P2P platforms offer high returns, but in order to do so must lend into higher-risk markets. Landbay differentiates itself by only lending against tenanted homes, one of the UK’s most resilient asset classes. No development. No bridging. No commercial.

AKA BTLs.

most resilient asset classes.

:lol::lol::lol:

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Ladies and gentlemen I bring you the next big mis-selling scandal, peer to peer lending of some sort or another.

Just before Christmas a mate (who is utterly depressed about savings IRs) asked me about that Wellesley (or whatever they are called) "savings" that offered 4% return as they'd seen the TV ad. I told them that it was P2P lending and it probably wasn't protected by the compensation scheme so if they went tits-up they'd lose their life savings.

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There's something in the wellersley ad that says they'll treat it like their own (your money) .. Well TBH I would want people to treat it like I treat my money .. Very very carefully.

I have seen how some people treat money.

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There's something in the wellersley ad that says they'll treat it like their own (your money) .. Well TBH I would want people to treat it like I treat my money .. Very very carefully.

I have seen how some people treat money.

I always think that ad sounds dodgy, simply because of the way they pronounce Wellesley. It's a bit like those emails you know at once are dodgy because of basic spelling mistakes and weird style.

My first school was in Wellesley Road - Wellsley, not WellERsley.

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