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easyMoney.com

Statistics

Sure & Steady Growth Since Launch

At easyMoney we have grown our loan portfolio in a steady and controlled manner in order to avoid the underwriting issues that have affected some high profile peer-to-peer lenders.

Please remember that past performance does not guarantee future results.

Loan Types

We focus on bridge and development loans to property professionals who meet our strict lending criteria.

Breakdown of loans by type

To help protect your money, every loan on the easyMoney platform is secured with a legal charge on UK property.

This means that if a borrower is unable to meet their obligations we will try to sell the property but please be aware that our ability to recover funds could be affected by a downturn in the property market.

Defaults & Arrears

Our conservative approach to lending helps reduce the likelihood of loss through default.

We are proud to say that the actual default rate to date is currently 0.00%.

Please remember, property is subject to market conditions and past performance is not a reliable indicator of future results.

Loans originated in
2020
Actual Arrears (more than 45 days)
Grade A 0.00% Grade B 0.00% Grade C 0.00%
Estimated Defaults
Grade A 0.00% Grade B 0.00% Grade C 0.20%
Actual Defaults
Grade A 0.00% Grade B 0.00% Grade C 0.00%
Loans originated in
2019
Actual Arrears (more than 45 days)
Grade A 0.00% Grade B 0.00% Grade C 0.00%
Estimated Defaults
Grade A 0.00% Grade B 0.00% Grade C 0.20%
Actual Defaults
Grade A 0.00% Grade B 0.00% Grade C 0.00%
Loans originated in
2018
Actual Arrears (more than 45 days)
Grade A 0.00% Grade B 0.00% Grade C 0.00%
Estimated Defaults
Grade A 0.00% Grade B 0.00% Grade C 0.20%
Actual Defaults
Grade A 0.00% Grade B 0.00% Grade C 0.00%

Actual arrears are calculated as a % of all outstanding balances from loans made in the calendar year of the loan.

Estimated defaults are based on the historical performance of borrowers who have fallen more than 180 days in arrears as a percentage of the total loan book on a time-weighted basis.

Actual defaults resulting in a loss are calculated as a percentage of the total lent by the platform in the calendar year of the loan.

Loan grades We have a proprietary model to assess all our lending opportunities and help us mitigate risk. Each loan is assigned a risk score A (low risk) through to J (more risk). As conservative lenders, we generally only lend against loans that score A through to C.

Overall Performance

Average data as at July 1 2020

AVG Loan Term AVG Loans per investor
9 months 8.00
Bridge Development
AVG Loan Size AVG LTV AVG Loan Size AVG LTGDV
£1,105,269 32.89% £5,679,944.65 52.71%

Live Loans

If borrowers do not meet our standards we simply will not lend.
Below are five of our latest loans that made the grade.

Location Loan Type Loan Amount Loan Term LTV/LTGDV Security Type
Essex Bridge £560k 12 months 62.2% 1st Charge - Commercial
Essex Development £1.86m 12 months 63.9% 1st Charge - Residential
London Bridge £1m 12 months 58.5% 1st Charge - Residential
Surrey Bridge £530k 6 months 35.6% 1st Charge - Residential
Leeds Bridge £585k 12 months 65% 1st Charge - Residential

Before you invest

Remember that property is subject to market conditions and therefore your capital is at risk. Peer-to-Peer Investments are not cash savings accounts so they are not covered by the Financial Services Compensation Scheme (FSCS).

We recommend you read more about Understanding the risks and how we manage risk before signing up and taking the appropriateness test to ensure this type of investment is right for you.