scooter
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Post by scooter on Mar 14, 2024 22:57:33 GMT
Proplend, but I don't want to overdo investing in one platform
Crowdproperty, until I turned off reinvest yesterday
I've tried Unbolted, but was underwhelmed. Loanpad, but I just felt that the option for them to decide they don't want to play anymore is not a risk I wanted to take.
Who is the most Proplend like and worth looking at?
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Post by df on Mar 14, 2024 23:25:17 GMT
Proplend, but I don't want to overdo investing in one platform Crowdproperty, until I turned of reinvest yesterday I've tried Unbolted, but was underwhelmed. Loanpad, but I just felt that the option for them to decide they don't want to play anymore is not a risk I wanted to take. Who is the most Proplend like and worth looking at? Not many. EM, Q, Rebs and UB. I might re-start on LP later this year if the gap between LP and FSCS protected products will get to the point of being risk-worthy.
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Nomad
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Post by Nomad on Mar 15, 2024 8:00:51 GMT
Capital Rise
Wise Alpha
Capital Stackers
Qardus
Somo
Easy Money
Quanloop
Running down everything else!
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firedog
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Post by firedog on Mar 15, 2024 9:15:41 GMT
Who is the most Proplend like and worth looking at? Depends which of Proplend's qualities you want to see imitated? Not sure there is anything comparable in the commercial property market, but in terms of the feel of it – the regular monthly returns, the straightforward, tell-it-like-you-see-it comms, the sense of a conservative approach, I'd think LandlordInvest comes close.
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Post by birdie on Mar 15, 2024 9:52:36 GMT
Loan-pad my favourite
Elfin Market slowly increasing my investments
Kuflink contented but not putting new money in, transferring out both my ISA's.
Qardus decent returns but all loans seem to be 36 months.
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firedog
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Post by firedog on Mar 15, 2024 9:53:08 GMT
I’m with:
Assetz Exchange
AxiaFunder
CapitalRise
CapitalStackers
CrowdProperty*
LandlordInvest
Loanpad*
Kuflink*
Qardus
Proplend
Unbolted
*ISA
The ones in bold I’ve more money in than last year, with most in AxiaFunder and Loanpad – either ends of the risk spectrum. But I’m not having sleepless nights about any of them to be honest. I get a lot more pleasure from my P2P investments than I do dumping a monthly amount in my Vanguard FTSE Developed World ETF, put it that way.
My only new platform in the last 12 months has been LandlordInvest, while I’ve exited Nester (too hard to get invested, so switched to LLI, which I'm far more comfortable with); and Elfin Market (I didn’t have much in there and a series of monthly investments were coming to fruition, but maybe I'll go back in with a lump sum).
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benaj
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Post by benaj on Mar 15, 2024 11:22:56 GMT
I have recently liquidated most my funds from LP and EM as I broke my piggy banks recently for personal reason.
Planning to re-invest in the following platforms in the new tax year:
EM
LP
SOMO
Lendwise (testing)
Elfin (testing)
SOMO
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Post by erniec on Mar 15, 2024 11:27:05 GMT
Just Elfin Market now, due to the demise of Zopa and Ratesetter.
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Post by overthehill on Mar 15, 2024 12:18:14 GMT
I've been draining the swamp for a while to see what's at the bottom before formulating a new financial plan.
I'm expecting lots of documents signed by david bradley-ward.
Going forward only Proplend, LandlordInvest, Crowdproperty, Kuflink, Unbolted, Axiafunder, Capitalrise, Elfin Market.
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Steerpike
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Post by Steerpike on Mar 15, 2024 15:02:34 GMT
SM1 (SOMO)
Loanpad
Folk2folk
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loadsahope
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Post by loadsahope on Mar 15, 2024 15:23:52 GMT
Only AssetzExchange. I know it has the rather toxic Assetz prefix, but I can find very little to criticise about them. Interest payments come in every month more or less on the dot, and in the few cases when there has been a problem it has been resolved pretty quickly. Yes there are a small number of properties where for various reasons additional costs have been incurred (e.g. damp problems found), but that is bound to happen from time to time. I think they will provide a very secure income stream, with a potential for some capital growth.
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Post by redpete on Mar 15, 2024 17:40:34 GMT
Loanpad - lowish returns but solid performer and lowish risk.
Unbolted - decent returns, some concern on assets not reaching expected values on auction.
Lendwise - good returns but loans not asset-backed.
No more in any of them than I could afford to lose.
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Post by Harland Kearney on Mar 16, 2024 14:00:05 GMT
Loanpad only currently, for Personal & Company use.
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Post by willsmithgrrrr on Mar 17, 2024 17:50:35 GMT
Loanpad at 6.5% well diversified and low LTV% pretty solid hold but until the rates come down for bank accounts l on the fence regarding extra risks for deposit / future administration for 1 or 1.5% % .
I would doubt any IFA would recommend any P2P investment at these interest levels.
Reward is better Crowdproperty at 10% but obviously its now late loans city.
Kufflinks recent offerings 9 /9.5 % similar
l am just constantly doubting in my head if P2P is now worth the extra risks going forward.
That said love the P2P ethos and higher returns it has brought me.
Time to quit once ahead then pile back in ? Hmm
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mikeb
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Post by mikeb on Mar 17, 2024 19:25:08 GMT
Only AssetzExchange. I know it has the rather toxic Assetz prefix ... not the prefix that puts me off, it's the management team, corporate ethos, terms and conditions built on shifting sands, lack of accountability to FCA ...
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