Funding management firm Alpha Real Capital's peer-to-peer (P2P) property finance platform has recently become available for retail investors, saying that the platform will focus strongly on security.
Fitzrovia Finance entered the market in 2017 solely for institutional investors, but is now offering individuals access to P2P property lending opportunities as well.
Fitzrovia Finance runs what it calls a seven-step risk control process that involves borrower due diligence, first charge security, 1.5x asset cover, a borrower guarantee of up to 25 percent, as well as an experienced credit committee and active loan management.
Investors can either select individual property-backed loans they want to invest in through the Fitzrovia Freedom option, or they can use the Fitzrovia Smart option that automatically spreads investments against a pool of loans.
The minimum investment is £1,000 and investors can earn returns of up to 5.5 per cent, with loan durations of 12 to 48 months.
The maximum loan to value is usually limited to 65 percent.
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