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Post by roxanamohammadian on Nov 15, 2019 15:01:54 GMT
Hi Everyone,
Since many of you guys are lenders on Blend Network, I just wanted to give you all a quick update since we are about to reach a £10m lending milestone. As you know, Blend Network launched in January 2018 with a very distinctive approach to P2P lending: we focus on lending to experienced small and medium developers across the UK regions but outside central London; in niche areas where the property market is very strong yet unfortunately those experienced developers struggle to access finance to bring their projects to life. I personally have a background in research across investment banks such as Barclays and Morgan Stanley where, for a decade, my job was to analyse markets. So, I’d say that one of our biggest strengths is doing good research to identify the strongest property markets and lend there.
Our hard work has paid off and so far we have been able to deliver an average return of 11.12% p.a. to our lenders with zero defaults*. You may well ask how we have been able to deliver such high returns and that’s a fair question. The answer is very simple: as mentioned above, we focus on lending in markets that are under-serviced and where developers are willing to pay a premium to access finance. For example, we have always been opportunistic and last year we were the first P2P platform to lend in Northern Ireland which has, so far, given strong results. At the time, when we said we wanted to lend in Northern Ireland people rolled their eyes. Yet it turns out that last year Northern Ireland was the strongest property market in the UK. And guess what? There are not many lenders in Northern Ireland. That is how we have managed to get 8-12% p.a. returns with the higher side usually coming from Northern Ireland. And just so you know how much we believe in the loans that go on our platform, so far our CEO has lent his own personal money on every single loan that has been listed on the Blend Network platform. As the saying goes… we put our money where our mouth is.
That’s all from me for now. As always, if you have any questions at all or would like to discuss anything, pick up the phone and give me a call or drop me an email at Roxana.mm@blendnetwork.com.
Cheers!
Roxana
*As of 15/11/19. Past performance is not a reliable indicator of future results.
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IFISAcava
Member of DD Central
Posts: 3,661
Likes: 2,984
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Post by IFISAcava on Nov 15, 2019 15:25:59 GMT
Hi Everyone, Since many of you guys are lenders on Blend Network, I just wanted to give you all a quick update since we are about to reach a £10m lending milestone. As you know, Blend Network launched in January 2018 with a very distinctive approach to P2P lending: we focus on lending to experienced small and medium developers across the UK regions but outside central London; in niche areas where the property market is very strong yet unfortunately those experienced developers struggle to access finance to bring their projects to life. I personally have a background in research across investment banks such as Barclays and Morgan Stanley where, for a decade, my job was to analyse markets. So, I’d say that one of our biggest strengths is doing good research to identify the strongest property markets and lend there. Our hard work has paid off and so far we have been able to deliver an average return of 11.12% p.a. to our lenders with zero defaults*. You may well ask how we have been able to deliver such high returns and that’s a fair question. The answer is very simple: as mentioned above, we focus on lending in markets that are under-serviced and where developers are willing to pay a premium to access finance. For example, we have always been opportunistic and last year we were the first P2P platform to lend in Northern Ireland which has, so far, given strong results. At the time, when we said we wanted to lend in Northern Ireland people rolled their eyes. Yet it turns out that last year Northern Ireland was the strongest property market in the UK. And guess what? There are not many lenders in Northern Ireland. That is how we have managed to get 8-12% p.a. returns with the higher side usually coming from Northern Ireland. And just so you know how much we believe in the loans that go on our platform, so far our CEO has lent his own personal money on every single loan that has been listed on the Blend Network platform. As the saying goes… we put our money where our mouth is. That’s all from me for now. As always, if you have any questions at all or would like to discuss anything, pick up the phone and give me a call or drop me an email at Roxana.mm@blendnetwork.com. Cheers! Roxana *As of 15/11/19. Past performance is not a reliable indicator of future results. Any plans for an ISA?
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Post by gravitykillz on Nov 19, 2019 10:53:50 GMT
Blend network? Never heard of you guys! Anyone here have any experience with this platform?
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Post by roxanamohammadian on Nov 20, 2019 12:00:33 GMT
Hi Everyone, Since many of you guys are lenders on Blend Network, I just wanted to give you all a quick update since we are about to reach a £10m lending milestone. As you know, Blend Network launched in January 2018 with a very distinctive approach to P2P lending: we focus on lending to experienced small and medium developers across the UK regions but outside central London; in niche areas where the property market is very strong yet unfortunately those experienced developers struggle to access finance to bring their projects to life. I personally have a background in research across investment banks such as Barclays and Morgan Stanley where, for a decade, my job was to analyse markets. So, I’d say that one of our biggest strengths is doing good research to identify the strongest property markets and lend there. Our hard work has paid off and so far we have been able to deliver an average return of 11.12% p.a. to our lenders with zero defaults*. You may well ask how we have been able to deliver such high returns and that’s a fair question. The answer is very simple: as mentioned above, we focus on lending in markets that are under-serviced and where developers are willing to pay a premium to access finance. For example, we have always been opportunistic and last year we were the first P2P platform to lend in Northern Ireland which has, so far, given strong results. At the time, when we said we wanted to lend in Northern Ireland people rolled their eyes. Yet it turns out that last year Northern Ireland was the strongest property market in the UK. And guess what? There are not many lenders in Northern Ireland. That is how we have managed to get 8-12% p.a. returns with the higher side usually coming from Northern Ireland. And just so you know how much we believe in the loans that go on our platform, so far our CEO has lent his own personal money on every single loan that has been listed on the Blend Network platform. As the saying goes… we put our money where our mouth is. That’s all from me for now. As always, if you have any questions at all or would like to discuss anything, pick up the phone and give me a call or drop me an email at Roxana.mm@blendnetwork.com. Cheers! Roxana *As of 15/11/19. Past performance is not a reliable indicator of future results. Any plans for an ISA? Hi IFISAcava, Thank you for your comment. At present, we do take SIPP and SSAS investors but not ISA. We will re-visit this towards the end of next year. Thanks again and please feel free to contact me anytime. Best, Roxana
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Post by roxanamohammadian on Nov 20, 2019 12:00:51 GMT
Hi IFISAcava,
Thank you for your comment. At present, we do take SIPP and SSAS investors but not ISA. We will re-visit this towards the end of next year.
Thanks again and please feel free to contact me anytime.
Best,
Roxana
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pom
Member of DD Central
Posts: 1,922
Likes: 1,244
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Post by pom on Nov 20, 2019 12:05:29 GMT
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Post by gravitykillz on Nov 20, 2019 17:35:00 GMT
Did a search and got some information. Unfortunately the blonde network is not for me. Their 1k minimum investment is not for me.
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Post by roxanamohammadian on Nov 25, 2019 9:50:35 GMT
Hi Everyone,
We look forward to meeting you all in person on Thursday at our Christmas drinks. If you’d like to join us and other P2P investors, drop me an email today at Roxana.mm@blendnetwork.com
Cheers!
Roxana
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Post by roxanamohammadian on Nov 25, 2019 13:21:28 GMT
Blend network? Never heard of you guys! Anyone here have any experience with this platform? Hi gravitykillz, Thank you for your message. We are glad that you noticed us Please feel free to research us and also check our track record on blendnetwork.com/pages/statistics. Drop me an email if there is anything that I can help you with. Thanks, Roxana
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cb25
Posts: 3,520
Likes: 2,665
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Post by cb25 on Nov 25, 2019 14:22:24 GMT
Blend network? Never heard of you guys! Anyone here have any experience with this platform? Hi gravitykillz, Thank you for your message. We are glad that you noticed us Please feel free to research us and also check our track record on blendnetwork.com/pages/statistics. Drop me an email if there is anything that I can help you with. Thanks, Roxana Hi Roxana
Can you explain how lenders can get decent diversification when Blend's statistics page shows only 35 loans having been funded and there appear to be no available loans (i.e. loans not already 100% funded)
thanks cb25
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Post by roxanamohammadian on Nov 29, 2019 12:42:01 GMT
Hi Everyone, Since many of you guys are lenders on Blend Network, I just wanted to give you all a quick update since we are about to reach a £10m lending milestone. As you know, Blend Network launched in January 2018 with a very distinctive approach to P2P lending: we focus on lending to experienced small and medium developers across the UK regions but outside central London; in niche areas where the property market is very strong yet unfortunately those experienced developers struggle to access finance to bring their projects to life. I personally have a background in research across investment banks such as Barclays and Morgan Stanley where, for a decade, my job was to analyse markets. So, I’d say that one of our biggest strengths is doing good research to identify the strongest property markets and lend there. Our hard work has paid off and so far we have been able to deliver an average return of 11.12% p.a. to our lenders with zero defaults*. You may well ask how we have been able to deliver such high returns and that’s a fair question. The answer is very simple: as mentioned above, we focus on lending in markets that are under-serviced and where developers are willing to pay a premium to access finance. For example, we have always been opportunistic and last year we were the first P2P platform to lend in Northern Ireland which has, so far, given strong results. At the time, when we said we wanted to lend in Northern Ireland people rolled their eyes. Yet it turns out that last year Northern Ireland was the strongest property market in the UK. And guess what? There are not many lenders in Northern Ireland. That is how we have managed to get 8-12% p.a. returns with the higher side usually coming from Northern Ireland. And just so you know how much we believe in the loans that go on our platform, so far our CEO has lent his own personal money on every single loan that has been listed on the Blend Network platform. As the saying goes… we put our money where our mouth is. That’s all from me for now. As always, if you have any questions at all or would like to discuss anything, pick up the phone and give me a call or drop me an email at Roxana.mm@blendnetwork.com. Cheers! Roxana *As of 15/11/19. Past performance is not a reliable indicator of future results.
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Post by roxanamohammadian on Nov 29, 2019 15:34:56 GMT
Hi Everyone,
Great news! At Blend Network we’ve just reached a landmark milestone: £10,000,000 of loans funded. £3,400,000 of those loans have already successfully repaid and the lenders on our loans have received 8%+ p.a. interest since launch (some got up to 12%! ;-) ).
Thanks to all of our lenders, many of whom are in this forum. If you have any questions, pick up the phone and give me a call or drop me an email at Roxana.mm@blendnetwork.com.
Cheers!
Roxana
Your capital is at risk if you lend to businesses.
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aju
Member of DD Central
Posts: 3,480
Likes: 917
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Post by aju on Nov 29, 2019 15:41:22 GMT
Hi Everyone, Great news! At Blend Network we’ve just reached a landmark milestone: £10,000,000 of loans funded. £3,400,000 of those loans have already successfully repaid and the lenders on our loans have received 8%+ p.a. interest since launch (some got up to 12%! ;-) ). Thanks to all of our lenders, many of whom are in this forum. If you have any questions, pick up the phone and give me a call or drop me an email at Roxana.mm@blendnetwork.com. Cheers! Roxana Your capital is at risk if you lend to businesses. Hi Roxana, you must have nothing to do all day long but put out messages on your platform but really 2 similar ones in 2 hours. Are you sure its wise to seem like you are bombarding with similar message forms one could be fooled into thinking you are touting for business. Just a thought Edit: It was 2 hours when I read now its 3 hours but you hopefully see my point. I guess if you do this enough then the mods will give you our own area
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benaj
Member of DD Central
Posts: 4,830
Likes: 1,586
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Post by benaj on Nov 29, 2019 15:47:18 GMT
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aju
Member of DD Central
Posts: 3,480
Likes: 917
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Post by aju on Nov 29, 2019 15:52:15 GMT
That's nice, did I miss something then, over here in the sticks of wiltshire I was ferrying Mrs Aju back and forth to their christmas markets - its my way of not having to actually go there - way busier than London at christmas in my view and that's bad enough. (I assume the drinks were in the smoke I didn't actually bother to take note as I was not available anyway.) PS Interesting link and the top 20 P2P Lending Portfolios was interesting I knew some of them but be interesting to check out the others.
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