This week, online marketplace for commercial property loans, Proplend, asked an important question: Is it time to let go on buy to let? The website stated in its blog: “In our article on 26th November 2015, just after the Autumn Statement, we briefly summarised the… Read More
Online marketplace for commercial property loans, Proplend, has announced the Proplend Loan Exchange (PLE) where active peer to peer loans listed on their platform may be immediately purchased or sold. Prior to the hosted exchange, Proplend investors could lend via their “In Funding” channel. However… Read More
Commenting on the just published results from the Bank of England Credit Survey, Louise Beaumont of GLI Finance, criticized the traditional approach to capital allocation as an economic failure; “With credit availability remaining unchanged despite increased demand for lending from medium sized business, today’s figures… Read More
Peer to peer lending platform Proplend has stated they are now approved for inclusion in pension funds. Proplend is a direct lending platform that targets the secured commercial mortgage market. In a company note, management states it has recently been approved by pension providers to accept… Read More
A new entrant into the peer-to-peer (P2P) property lending space, Proplend, has had its first tranched P2P loan redeemed. The loan was a short-term commercial bridge loan supported by security over a children’s day nursery in Parson Green, London, which paid lenders a gross interest… Read More
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