Tagged: stuart law

July 8, 2020 @ 9:42 am By JD Alois  |  

In a speech today entitled “Plan for Jobs” by the Chancellor of the Exchequer Rishi Sunak, he announced the elimination of the Stamp Duty at a certain threshold in a move to improve the UK housing market. The Chancellor explained: “… to catalyse the housing… Read More

June 17, 2020 @ 2:50 pm By JD Alois  |  

Assetz Capital, a secured peer to peer lender operating in the UK, recently launched a securities offer on Seedrs. Assetz Capital claims to be the second-largest peer to peer business lender in the UK. In about a week, Assetz Capital raised its £500,000 minimum target… Read More

May 6, 2020 @ 7:31 am By JD Alois  |  

The British Business Bank has announced nine new lenders for accredited under the Coronavirus Business Interruption Loan Scheme (CBILS), bringing the total number of CBILS lenders to over 60, according to a release. The new lenders include: Assetz Capital, Atom bank, Ebury, Fleximize, Investec, Social… Read More

April 8, 2020 @ 10:58 am By JD Alois  |  

Assetz Capital, a peer to peer lending marketplace, held a vote of platform investors on providing forbearance to borrowers during the COVID-19 pandemic. Assetz Capital reports that investors have “overwhelmingly” voted to provide relief and to extend loans for an initial three months, where needed…. Read More

March 14, 2020 @ 3:39 pm By JD Alois  |  

Assetz Capital has received £15 million in funding from British Business Investments (BBI). According to Assetz Capital, this is the first time a property-focused marketplace has received funding from BBI, a subsidiary of the British Business Bank. Assetz Capital states that the funding will support… Read More

March 5, 2020 @ 7:01 pm By JD Alois  |  

Assetz Capital, a UK based peer to peer lender, has topped £1 billion in online lending. Assetz Capital surpassed £500 million in lending in June of 2o18 so the platform is picking up steam. Launched in 2013, Assetz Capital provides access to credit for SMEs,… Read More

April 6, 2018 @ 9:49 am By Samantha Hurst  |  

On Friday, Assetz Capital announced it has reached a record number of loans available to investors using our Manual Lending Account (MLA), with well over 200 live loans with loan parts available for immediate investment on the secondary market. According to the online lender, the MLA allows hands-on… Read More

February 20, 2018 @ 11:09 am By Samantha Hurst  |  

On Tuesday, Assetz Capital announced the appointment of three new members of its team. Jason Roper was named Relationship Director for the North West; David Hardman was appointed Credit Manager, and Karl Kent was named Remote Relationship Director for South Yorkshire. According to Assetz Capital, Kent joined… Read More

February 14, 2018 @ 9:13 am By Samantha Hurst  |  

UK-based online lending platform Assetz Capital announced on Wednesday that over 2,000 investors have registered for an Assetz Capital Innovative Finance ISA (IFISA) since its launch, surpassing the 2,000 accounts opened across the entire peer-to-peer (P2P) industry in the 2016/17 tax year. The online lender… Read More

February 1, 2018 @ 8:21 am By Samantha Hurst  |  

  On Wednesday, peer-to-peer lender Assetz Capital announced it cautiously welcomes Sajid Javid’s proposed housing intervention. According to the lending platform, the Secretary of State for Housing, Communities, and Local Government revealed that government will play a more active role in stopping property developers from hoarding land,… Read More

December 19, 2017 @ 8:36 am By JD Alois  |  

Assetz Capital, a UK based peer to peer lender, has announced the launch of its Innovative Finance ISA (IFISA). The IFISA is available as a wrapper on all of the automated investment accounts, with the Manual Lending Account also set to be allowed into the… Read More

December 15, 2017 @ 8:42 am By Samantha Hurst  |  

On Thursday, online lending platform Assetz Capital announced the launch of its new website and “refreshed” brand just ahead of its upcoming Assetz Capital ISA. The online lender announced in its latest blog post: According to the lender, the new website has been designed to… Read More

November 30, 2017 @ 1:07 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital announced on Thursday its Innovative Finance ISA (IFISA) will be available as a wrapper on all of its investment accounts, including the manual lending account. The online lender reported that the IFISA will be launched next month, with users… Read More

November 29, 2017 @ 3:22 pm By Samantha Hurst  |  

Peer-to-peer lending platform Assetz Capital completed its latest equity crowdfunding round on Seedrs. The online lender launched the funding round last month and raised a total of £1,665,892.  As previously reported, the launch of Assetz Capital’s latest funding round comes just after the online lender announced from… Read More

November 20, 2017 @ 10:33 am By Samantha Hurst  |  

Less than a month after launching its latest equity crowdfunding campaign on Seedrs, peer-to-peer lending platform Assetz Capital has successfully secured £1.5 million from more than 700 investors. The online lender took to the funding portal to raise £1 million for expansion. Its previously initiative… Read More

October 31, 2017 @ 2:42 pm By Samantha Hurst  |  

Less than two and a half years after successfully raising more than £3.2 million through its Seedrs campaign, peer-to-peer lending platform Assetz Capital has returned to the equity crowdfunding platform to raise more growth funds. The news of Assetz Capital’s latest funding round comes just after… Read More

October 31, 2017 @ 7:27 am By JD Alois  |  

Assetz Capital, a peer to peer lending platform that received full FCA authorization in September, has reported a profit bore the first 6 months of the fiscal year. Without providing specific details, Assetz Capital said they record a “seven figure pre-tax profit, in the period… Read More

October 11, 2017 @ 7:24 am By JD Alois  |  

Assetz Capital, a fast growing peer-to-peer finance platforms based in the UK, reports it has facilitated £300 million in loans on its secondary market since its launch. The company said this was evidence of the demand by investors for liquidity ahead of natural loan repayments, and… Read More

September 29, 2017 @ 10:08 am By Samantha Hurst  |  

Assetz Capital, one of the UK’s fastest growing peer-to-peer finance platforms and the largest property backed peer-to-peer lender, announced on Friday it has lowered its entry interest rate for commercial mortgages from 7.9% to 6.9% in an unprecedented move to give access to even lower rates… Read More

September 15, 2017 @ 10:04 am By JD Alois  |  

Peer to peer lender Assetz Capital is reporting it has seen a year-on-year increase of 175% in the number of property development projects funded around the UK. The online lender says this rise comes following sustained growth in the funding pool for property developments, as investors… Read More