Peer to peer property investment

monaymadlol

Hi, what are peoples experience of returns in the above?



How much research are you needing to do in each investment?



Which are the better companies to use in terms of reliability, customer care, usability?



With b2l less attractive/more hurdles/more money required, I thought this may be a good way to get a foot in/exposure :j



Thank you

SonOf

Hi, what are peoples experience of returns in the above?

Most have not been going long and not been subject to a negative period. So, experience would be incomplete.

They are obviously illiquid and high risk but I suspect you already know that.

With b2l less attractive/more hurdles/more money required, I thought this may be a good way to get a foot in/exposure

What makes you think that P2P property is attractive?

eskbanker

Given the tone of most P2P threads on here in recent times, there's definitely more 'mad' :mad: than 'money' and absolutely no 'lol'....

monaymadlol

SonOf wrote: »

Most have not been going long and not been subject to a negative period. So, experience would be incomplete.

They are obviously illiquid and high risk but I suspect you already know that.



What makes you think that P2P property is attractive?

Because the risk is shared and you don't need to go all in. So that makes me attractive

EdGasketTheSecond

Just buy some property shares like Grainger; much simpler and with likelyhood of a positive outcome.

colalba

there is a forum dedicated to p2p investment with sections for most platforms.
http://p2pindependentforum.com/

There have been a number of platforms going into administration in the last year with significant losses to lenders.

TheItalianLeatherSofa

I invest with Kuflink and Landlord Invest here in UK (plus EstateGuru in Europe) and I find them good platforms

monaymadlol

OK the administrator thing is worrying.. But the big ones still seem strong / well protected?!



I'll look into grainger? I guess that's protected by fsa?

eskbanker

monaymadlol wrote: »

OK the administrator thing is worrying.. But the big ones still seem strong / well protected?!

I'll look into grainger? I guess that's protected by fsa?

:eek:

If you're considering P2P in the belief that it's protected then you're going to need to think again I'm afraid. Certainly the industry FSCS protection scheme offers no coverage to P2P lending, or shares such as Grainger for that matter (although there may be some protection for a platform on which shares are held).

SonOf

OK the administrator thing is worrying.. But the big ones still seem strong / well protected?!

P2P is referred to as the wild west for good reason.

Barry_Bear

I use Funding Circle. Last year they had problems and lenders wanting to withdraw money could wait up to 4 months. But recently they changed the way the secondary market works for selling loan parts and I was able to withdraw £2,000 in a week.

I have also used Assetz Capital. Never had any problems with them and their loans are backed by property assets.

With both Funding Circle and Assetz Capital I select diversified and 'conversative' lending settings. P2P has risk anyway so I see no reason to go all out and if bad debts increase I would prefer my lending to be in the "safer" loans basket. My returns with both have been consistently over 5% and I'm happy with that.

But personally I would only put a small proportion of your total investments into P2P.