Unfortunately there are many inexperienced platform operators who have little or no FCA experience. This is one of the reasons that the professional advisory community are not great fans of P2P and have stayed clear of working with platforms.
We have opened up the platform to a select number of IFA's and Mortgage Brokers. The IFA's have the clients with the ISA & Stocks and Shares cash and the mortgage brokers have the borrowers, it's a match that should be made in Fintech heaven. The next couple of years are going to be one of P2P education and the advisers that embrace the IF-ISA asset and take advantage of the alternative mortgages and finance available will be financial trailblazers.
We will be producing educational material for the intermediary community over the coming months to go towards an advisers CPD (Continuing Professional Development), as many are still unaware of P2P lending and the Innovative Finance ISA.
There are no preferential terms, it's just that the IFA's clients will pay them a fee for P2P advice, and this advice will be then covered under the FSCS.
Capital at risk. The value of your investment can go down as well as up. See Risk Warnings for further information (justus.co/risk).
JustUs is a trading style of eMoneyHub Ltd and is authorised and regulated by the Financial Conduct Authority FRN 787900. JustUs is not covered by the Financial Services Compensation Scheme.