Good to see Loanpad raising it's rates from 4th July

Yeah, but... onboarding?  Dear me.

I was expecting better then this considering the jump in interest rates

Careful not to get trampled in the stampede for the door.

Not high enough compared to other 'safe' platforms, pressure is coming from below and above. LP need to do more than 0.2%, that won't wash. There should be 2% margin between access and premium, whatever the rates.

Actually I like LP's measured approach, and sure there will be more to come. I don't see other investments rapidly raising rates in teh current climate..NS&i et al

Ah but that isn't a like for like comparison. Not many here would lock their funds away for two years in a rapidly rising rate enviroment. In two years time the return might look very poor indeed. Granted for many the lure of FSCS protection might swing it.

It's good to see that LP will be raising rates and well done to LP. But 0.1% p.a. and then another 0.1% p.a. in August is much less than I was expecting.

FSCS protection is golden for me and, as others have stated, FSCS protected bank accounts have significantly increased their rates so LP looks increasingly poor by comparison.

If/when any such platform goes into Administration, the LTVs etc. are not as hugely important as one may imagine them to be, as the Administrators and their fellow bandits such as the Lawyers etc. ALWAYS milk whatever money can be accessed for themselves, usually to the tune of millions of pounds, and it ALWAYS takes several years for lenders to eventually get their 5p in the £1 or whatever may be left over.