In 'Fixing our Broken Housing Market', the main housing white paper published in February 2017, the UK Government specifically identified small and medium sized property businesses as having a key role in solving the housing crisis. Proposals focused on unlocking sites, planning constraints, construction barriers and funding for this segment. They committed to 'make more land available for homes in the right places, by maximising the contribution from brownfield and surplus public land, regenerating estates, releasing more small and medium sized sites, allowing rural communities to grow and making it easier to build new settlements'.
|detailed statistics by year|
|Average Size of Loan||£326,786||£335,500||£574,611||£475,690||£448,000|
|Total GDV funded||£4,486,000||£11,713,500||£11,177,000||£42,483,000||£69,859,500|
|Number of Units Funded||30||71||79||271||451|
|Loan Length Average||10 months||12 months||16 months||15 months||14 months|
|Loan to GDV (excluding interest)||55.1%||47.4%||50.7%||51.20%||50.84%|
|Owed at Exit to GDV2||60.2%||52.3%||57.3%||58.58%||57.35%|
|Loans extended >180 days||1||2||0||0||3|
|Capital Paid Back||£2,287,500||£4,026,000||£2,418,853||£1,149,581||£9,881,935|
|Interest Paid Back||£243,708||£404,763||£224,555||£45,658||£918,685|
|Borrower Contract Rate||11.71%||10.00%||10.00%||10.00%||10.52%|
|Borrower Actual Rate||15.91%||10.17%||10.00%||10.00%||11.88%|
|Lender Actual Rate||13.23%||8.17%||8.00%||8.00%||9.55%|
|Lender Contract Rate||9.71%||8.00%||8.00%||8.00%||8.21%|
This material contains statistics that have been prepared by CrowdProperty. The underlying data is based on past projects, however this information should not be construed as legal, tax, investment, financial, or accounting advice.
Any future forecasts that are shown combine our knowledge, with a number of risks, uncertainties and assumptions about any future states, many of these are beyond the control of CrowdProperty.
Nothing contained within the information provided is or should be relied upon as a warranty, promise, or representation, express or implied, as to the future performance of any loan through CrowdProperty. Any historical information contained in this statistical information is not indicative of future performance.