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CrowdProperty Hits £1,000,000 Interest Paid to Lenders

CrowdProperty, the specialist property peer-to-peer lender, has now paid out over £1,000,000 in interest to lenders in a total of £12,000,000 paid back, continuing its 100% capital and interest payback track record.

 

CrowdProperty has proudly funded 486 Great British homes worth £75,000,000 by lending over £27,000,000 to property professionals. Having tripled lending in 2018 versus 2017, CrowdProperty has a very strong pipeline of projects for 2019, promising more of the same quality lending opportunities after the last 2 project raises fully funded in under 2 minutes.

 

On passing this landmark and looking ahead to 2019, Mike Bristow, CEO of CrowdProperty said: ‘We are very proud of our track record of delivering strong, reliable returns to our lenders. Much of our focus in 2018 has been on building up our pipeline because we recognise that lenders want more of what we offer. Whilst we never compromise on quality and have consistently rigorous due diligence, we already know that 2019, right from the start, will be another step change in lending volume, enabling more lenders to benefit.

This announcement comes just weeks after CrowdProperty became the first property development / bridging P2P lender to become Brismo Verified, independently verifying the 100% track record and significant outperformance of the UK P2P Returns Index after thorough analysis of CrowdProperty’s loan book and loan cashflows. CrowdProperty is also the only property development / bridging platform member of the Peer-to-Peer Finance Association (P2PFA). 

 

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