More non-property loans please

I actively avoid putting money into these. "Arty" type items are very subjective in my view, and the price when selling can vary a lot on whose around during the day of auction.

Property, in my view, tends to be a bit more 'stable'.

Most - not all- of the property loans I've invested in pay interest late.  FS seem to give the property loans several extra months to pay the interest - which I understand.

Other loans, if they don't pay interest etc within a month to renew are closed down.

FS do not make clear the fact that property loans are normallygiven several months leeway to pay interest and this may affect investors decisions.

I may be very wrong but FS appear to treat property loans very differently to other loans.  This is not reflected in the interest rates, especially as they seem to accept that 70%+ LTV  is acceptable to them

As property loans appear to be less likely to pay interest at the end of the 6 month period why is 12% considered adequate?

If you're going to make a request like this, use the word "I" instead of "we". I don't share the same sentiment and if I did, I'd just invest elsewhere. 

but he didn't know you agreed with him when he wrote the request, so "I" would be appropriate.

Very often it isn't, and rates of up to 12% (+5%) have been seen for large investments ... even 12% (+1%) for mere mortals.

Like any young business in a newish industry they are going where the money is. It takes big pockets and nerves of steel to stick to your plan if there is "easier" money to be made by tweaking your model to suit a more lucrative market (profit wise). Just think how many clients they need pawning watches, paintings etc in order to make the same money as one property deal.

I have a feeling that in a couple of years as P2P starts to mature we will find niche platforms that specialise in one thing only and will stick to it, becoming expert and keeping their clients happy. But at the moment there is still market space up for grabs, names to be made, headlines to be grabbed, and that is why I believe the trend to focus on property has taken over a lot of the platforms. To grow quickly they need big ticket deals or major investment, a lot of platforms are gambling as they run the risk of irking investors who are told one thing only to then be shown something else a few months later.

My guess is that in 2 years we will see 3 or 4 big full service platforms, with a multitude of sector specific ones that don't deviate from their specialty, boutique P2P that the big hitters aren't bothered about and will eventually swallow up when they start making decent money. It's too easy for the platforms to get away with messing the retail client around at the minute because they are all finding their feet and trying to grab market share before the inevitable consolidation happens. We still hold a bit of power, but it's on the wane as more and more institutions and Joe "ISA" public get involved.