Following the news that Zopa has closed its P2P offering after 16 years, Chairman Robert Burgess and the team here at Invest & Fund reiterate our commitment to bring residential development funding expertise to the peer to peer sector as we celebrate the £100m+ repaid to lenders milestone.
Proven Outstanding Credit Record
First class credit assessment has always been at the core of the Invest & Fund model, and our exemplary track record is at the forefront of the residential property development finance sector.
Even through the uncertainty and dislocation caused by Brexit and COVID, Invest & Fund excelled as a standout leader through this period, with zero defaults or yield reduction, outperforming the vast majority of the sector. Coming off the back of COVID with a clean loan book has provided the springboard for a period of rapid growth, and the customers at Invest & Fund are seeing the benefits through the funding of over 330 homes at an average loan yield of between 6.75% - 7.50%.
More than Doubling Year on Year Volumes
The quality of our credit process and model has resulted in an influx of demand from both high quality developers and lenders. We maintain our strong credit disciplines and now anticipate recording well in excess of double the volumes of prior years.
Actions Speak Louder Than Words – A Raft of Senior FS Specialist Hires Announced
To emphasise our commitment to the sector and support this material acceleration in growth trajectory, Robert Burgess has overseen 6 senior, very experienced FS specialist hires. These appointments will support I&F to help accelerate the material growth now being seen.
We, as the residential development funding experts, welcome lenders who no longer have access to this attractive asset class – come and talk to us!
For more information on peer to peer lending and what the Invest & Fund platform can offer, visit our website www.investandfund.com