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Post by CrowdProperty Representative on Sept 18, 2018 14:37:37 GMT
Dear all,
We are very excited to announce that CrowdProperty (www.crowdproperty.com) has been accepted as the first property development peer-to-peer lending platform to join the Peer-to-Peer Finance Association (P2PFA).
The P2PFA is the leading industry body for the peer-to-peer lending sector in the UK. With just eight other members including Funding Circle and Zopa, the association requires members to demonstrate and maintain the very highest standards of business practice and alignment to the association's operating principles. These principles are Competence, Honesty, Integrity and Transparency, all of which we have always placed at the heart of CrowdProperty.
This third party, leading industry body recognition is a significant step in furthering the development of our CrowdProperty trusted brand and puts CrowdProperty in the heart of the industry.
Mike Bristow, CEO of CrowdProperty says 'This is yet another defining moment for CrowdProperty in our mission of delivering a better deal for all on both sides of our marketplace. It validates the competence, honesty, integrity and transparency that are core to our business, resulting in our exceptional growth and 100% capital and interest payback track record. We are especially proud to be the first specialist property development peer-to-peer lender in the P2PFA. This further distinguishes us as a leader in this space and we look forward to playing an active role in the development of the UK sector, which in many respects is at the forefront of the development of peer-to-peer lending globally.'
The future is bright for CrowdProperty as we work tirelessly to deliver a better deal for lenders and borrowers whilst enabling much needed housing supply.
Kind regards,
Mike Bristow CEO & Co-Founder, CrowdProperty
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zedi
Member of DD Central
Posts: 80
Likes: 47
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Post by zedi on Sept 19, 2018 7:31:43 GMT
There are too many platforms with poor business practices in this sector and it´s really nice to see that CrowdProperty wants to adhere to higher standards. Also the new statistics page (I guess it´s the response of joining the P2PFA) is much appreciated!
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Post by CrowdProperty Representative on Sept 19, 2018 8:26:40 GMT
Thank you Zedi. We're very pleased about the acknowledgement of our hard work to get our business practices right from the outset.
Kind regards,
Mike
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elliotn
Member of DD Central
Posts: 3,063
Likes: 2,681
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Post by elliotn on Sept 19, 2018 11:42:42 GMT
They also accepted fundamental changes to their guidance based on their larger members (thinking more FC than RS ). They also accepted C2F despite opaqueness over the history of timing of repayments. I will judge CP on their own merits, certainly not P2PFA’s.
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