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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
2022
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%

No Actual Defaults

Loans originated in
2021
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%

No Actual Defaults

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%

No Actual Defaults

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%

No Actual Defaults

Loans originated in
2018
Actual Arrears (more than 45 days)
All loans repaid
Estimated Defaults
All loans repaid
Actual Defaults
None

No Actual Defaults

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. You can see which Loan Grades you are invested in the My Portfolio section of your account.

Overall Performance

Average data as at August 15 2022

Average time to sell loans over past 12 months
Under 24 hours
Time taken from listing for sale to receive all funds back in “Available Balance” for performing loans not within 1 month of repayment.
AVG Loan Term AVG Loans per investor
14 months 13
Bridge Development
AVG Loan Size AVG LTV AVG Loan Size AVG LTGDV
£1,720,193 53.56% £4,173,281 64.34%

Outcomes statement

Actual rate of return against advertised target rate

Product Period Available Period Active Target Rate Actual Rate
Classic v1 Unavailable 1 January - 31 March 4.05% 4.04%
Classic v2 Unavailable 1 January - 31 March 3.67% 3.62%
Classic v3 1 January - 31 March 1 January - 31 March 3.08% 2.84%
Premium v1 Unavailable 1 January - 31 March 7.28% 7.22%
Premium v2 Unavailable 1 January - 31 March 5.12% 5.19%
Premium v3 1 January - 31 March 1 January - 31 March 4.03% 3.79%
Premium Plus v2 Unavailable 1 January - 31 March 6.06% 6.07%
Premium Plus v3 1 January - 31 March 1 January - 31 March 5.02% 4.78%
High Net Worth v1 Unavailable 1 January - 31 March 8.00% 7.99%
High Net Worth v2 Unavailable 1 January - 31 March 7.01% 7.10%
High Net Worth v3 1 January - 31 March 1 January - 31 March 6.01% 5.73%

Actual rates in some products for H1 2022 were slightly below target due to an influx of new investment onto the platform during that period. This meant new investors were waiting 1-2 weeks to have their funds invested which resulted in a lower actual return for these investors due to cash drag.

  • The table above relates to the period from 1 January – 31 March 2022.
  • Where there is a change in the interest rates or qualification criteria for a Product, lenders are automatically moved to the Product that meets their profile. Where such a change occurs, we treat this as a different Product for the purposes of showing loan performance data.
  • The “Period Available” refers to the period when it was possible for lenders to enter into new loans at the quoted Target Rate. Loans entered into during that Period would continue to be held within the Product after the Product had ceased until they were redeemed by the borrower or sold by the lender.
  • The “Actual Rate” is the weighted average return received by lenders under the relevant Product. This takes into account the effect of cash drag (where money is held in cash pending investment into a loan); default (where the borrower fails to make repayment); and compounding (where interest earned is re-invested to earn additional interest). Payments made by easyMoney to cover borrower interest are not included within the Actual Rate unless the borrower subsequently made good. Only includes investments which satisfy the product criteria and were invested for at least 90 days.
  • The “Target Rate” is the rate that easyMoney advertised for the Product during the Period available. This represented the contractual rate that investors in a product would be entitled to from borrowers under all loans they entered into. The contractual rate does not take into account the effect of cash drag, default or compounding, which are reflected in the actual rate.
  • The returns do not show the effect of tax. Individual lenders holding a product outside of an Innovative Finance ISA will have to pay income tax at their marginal rate, which is dependent on individual circumstances.
  • Past performance is not a reliable indicator of future results.
Product Period Available Period Active Target Rate Actual Rate
Classic v1 Unavailable 1 January - 31 December 4.05% 4.04%
Classic v2 1 January - 31 August 1 January - 31 December 3.67% 3.57%
Classic v3 1 September - 31 December 1 September - 31 December 3.08% 2.08%
Premium v1 Unavailable 1 January - 31 December 7.28% 7.24%
Premium v2 1 January - 31 August 1 January - 31 December 5.12% 5.11%
Premium v3 1 September - 31 December 1 September - 31 December 4.03% 2.74%
Premium Plus 1 January - 31 August 1 January - 31 December 6.06% 6.08%
Premium Plus v3 1 September - 31 December 1 September - 31 December 5.02% 3.45%
High Net Worth v1 Unavailable 1 January - 31 December 8.00% 7.99%
High Net Worth v2 1 January - 31 August 1 January - 31 December 7.01% 7.03%
High Net Worth v3 1 Septmeber - 31 December 1 September - 31 December 6.01% 4.20%

Towards the end of 2021, an unusually high proportion of our loans were repaid within a month. It took about 6 weeks to re-invest these high cash balances, which had a negative effect on the actual return, particularly for the v3 products that were launched just before the repayments. As our loan book continues to grow and diversify, this reduces the likelihood of cash drag due to such fluctuations.

  • The table above relates to the period from 1 January – 31 December 2021.
  • Where there is a change in the interest rates or qualification criteria for a Product, lenders are automatically moved to the Product that meets their profile. Where such a change occurs, we treat this as a different Product for the purposes of showing loan performance data.
  • The “Period Available” refers to the period when it was possible for lenders to enter into new loans at the quoted Target Rate. Loans entered into during that Period would continue to be held within the Product after the Product had ceased until they were redeemed by the borrower or sold by the lender.
  • The “Actual Rate” is the weighted average return received by lenders under the relevant Product. This takes into account the effect of cash drag (where money is held in cash pending investment into a loan); default (where the borrower fails to make repayment); and compounding (where interest earned is re-invested to earn additional interest). Payments made by easyMoney to cover borrower interest are not included within the Actual Rate unless the borrower subsequently made good. Only includes investments which satisfy the product criteria, with 100% of the minimum investment requirement for Classic and at least 10% of minimum investment requirement for other products, and were invested for at least 90 days.
  • The “Target Rate” is the rate that easyMoney advertised for the Product during the Period available. This represented the contractual rate that investors in a product would be entitled to from borrowers under all loans they entered into. The contractual rate does not take into account the effect of cash drag, default or compounding, which are reflected in the actual rate.
  • The returns do not show the effect of tax. Individual lenders holding a product outside of an Innovative Finance ISA will have to pay income tax at their marginal rate, which is dependent on individual circumstances.
  • Past performance is not a reliable indicator of future results.
Product Period Available Period Active Target Rate Actual Rate
Classic v1 Unavailable 1 January - 31 December 4.05% 4.06%
Classic v2 1 January - 31 December 1 January - 31 December 3.67% 3.62%
Premium v1 Unavailable 1 January - 31 December 7.28% 7.35%
Premium v2 1 January - 31 December 1 January - 31 December 5.12% 5.26%
Premium Plus 1 January - 31 December 1 January - 31 December 6.06% 6.14%
High Net Worth v1 Unavailable 1 January - 31 December 8.00% 8.03%
High Net Worth v2 1 January - 31 December 1 January - 31 December 7.01% 7.08%
  • The table above relates to the period from 1 January – 31 December 2020.
  • Where there is a change in the interest rates or qualification criteria for a Product, lenders are automatically moved to the Product that meets their profile. Where such a change occurs, we treat this as a different Product for the purposes of showing loan performance data.
  • The “Period Available” refers to the period when it was possible for lenders to enter into new loans at the quoted Target Rate. Loans entered into during that Period would continue to be held within the Product after the Product had ceased until they were redeemed by the borrower or sold by the lender.
  • The “Actual Rate” is the weighted average return received by lenders under the relevant Product. This takes into account the effect of cash drag (where money is held in cash pending investment into a loan); default (where the borrower fails to make repayment); and compounding (where interest earned is re-invested to earn additional interest). Payments made by easyMoney to cover borrower interest are not included within the Actual Rate unless the borrower subsequently made good. Only includes investments which satisfy the product criteria and were invested for at least 90 days.
  • The “Target Rate” is the rate that easyMoney advertised for the Product during the Period available. This represented the contractual rate that investors in a product would be entitled to from borrowers under all loans they entered into. The contractual rate does not take into account the effect of cash drag, default or compounding, which are reflected in the actual rate.
  • The returns do not show the effect of tax. Individual lenders holding a product outside of an Innovative Finance ISA will have to pay income tax at their marginal rate, which is dependent on individual circumstances.
  • Past performance is not a reliable indicator of future results.
Product Period Available Period Active Target Rate Actual Rate
Conservative Unavailable 1 January - 15 November 4.05% 4.1%
Classic v1 1 January - 9 December 1 January - 31 December 4.05% 4.06%
Classic v2 10 December - 31 December 10 December - 31 December 3.67% Not enough data
Premium v1 1 January - 9 December 1 January - 31 December 7.28% 7.36%
Premium v2 10 December - 31 December 10 December - 31 December 5.12% Not enough data
Premium Plus 10 December - 31 December 10 December - 31 December 6.06% Not enough data
High Net Worth v1 1 January - 9 December 1 January - 31 December 8.00% 8.10%
High Net Worth v2 10 December - 31 December 10 December - 31 December 7.01% Not enough data
  • The table above relates to the period from 1 January – 31 December 2019.
  • Where there is a change in the interest rates or qualification criteria for a Product, lenders are automatically moved to the Product that meets their profile. Where such a change occurs, we treat this as a different Product for the purposes of showing loan performance data.
  • The “Period Available” refers to the period when it was possible for lenders to enter into new loans at the quoted Target Rate. Loans entered into during that Period would continue to be held within the Product after the Product had ceased until they were redeemed by the borrower or sold by the lender.
  • The “Actual Rate” is the weighted average return received by lenders under the relevant Product. This takes into account the effect of cash drag (where money is held in cash pending investment into a loan); default (where the borrower fails to make repayment); and compounding (where interest earned is re-invested to earn additional interest). Payments made by easyMoney to cover borrower interest are not included within the Actual Rate unless the borrower subsequently made good. Only includes investments which satisfy the product criteria and were invested for at least 90 days.
  • The “Target Rate” is the rate that easyMoney advertised for the Product during the Period available. This represented the contractual rate that investors in a product would be entitled to from borrowers under all loans they entered into. The contractual rate does not take into account the effect of cash drag, default or compounding, which are reflected in the actual rate.
  • The returns do not show the effect of tax. Individual lenders holding a product outside of an Innovative Finance ISA will have to pay income tax at their marginal rate, which is dependent on individual circumstances.
  • Past performance is not a reliable indicator of future results.

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 £250k 12 months 59.6% 2nd Charge - Residential
Nottingham Bridge £102k 12 months 73.9% 1st Charge - Residential
Surrey Bridge £270k 9 months 30.0% 1st Charge - Residential
London Bridge £735k 12 months 73.5% 1st Charge - Residential
Chelmsford Bridge £450k 12 months 38.8% 2nd 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.