littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,017
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Post by littleoldlady on Sept 2, 2019 7:26:38 GMT
I selected 3% but that would be an unusual loan, sound trustworthy platform, secured against an occupied or ready to be occupied residential building at low LTV. Higher than that all the premium would be to cover risk. If others will not participate at such low rates I wonder what they do with their cash? Opt for safety with FSCS at c1% or go for S&S where the risks are even more difficult to assess. Or simply gamble.
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benaj
Member of DD Central
Posts: 4,856
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Post by benaj on Sept 9, 2019 14:16:07 GMT
Only 113 days left before 2020. Here are the platforms delivering XIRR 6% (excluding accrued interest)+ I invest with good record of repayment (/renewal) of full capital and interest.
Archover / Assetz Capital (MLIA) / Kuflink / Lending works / LendInvest / Proplend / Unbolted
There are other platforms I invested achieving 6%+ but I have not mentioned as XIRR 6%+ may no longer available for new investors such as RS for example.
Note: AC is the only platform above where loss has been declared on Tax statement.
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Post by Ace on Sept 9, 2019 16:17:41 GMT
I haven't tried Archover, but the other 6 you mentioned are also running at over 6% XIRR for me.
The following are also running above the 6% level for me:
ABLrate, MoneyThing, Mintos (though no longer open to new loans for UK lenders), Robocash, Grupeer, Find Ourselves (though suffering considerable cash drag here).
Lendy is also technically in this bracket for me, but obviously won't be by the time the dust settles.
The following are also on target to achieve over 6% XIRR, but don't yet qualify, as, like you, I don't include accrued interest in my calculations. This is a little unfair on these platforms as they don't generally pay profits (at least not total profits) until the loans have been repaid:
Brick Owner, CrowdProperty, CapitalRise, British Pearl, Uown.
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