Loanpad passes £135m milestone as growth journey continues.

Loanpad’s investor loanbook has surpassed £135m, demonstrating  the property-lending platform’s ability to grow organically and steadily over time.

This milestone has been reached without any capital losses to investors to date, thanks to the platform’s rigorous due diligence process and ability to originate good quality, property-backed loans.

“Since Loanpad was established eight years ago, we have remained true to our mission – to deliver competitive, risk-managed returns for our investors simply and effectively,” says Neil Maurice, chief operating and finance officer at Loanpad.

“Today we are proud to say that our investor loanbook has grown to more than £137m, with zero capital losses to date. We have managed this growth throughout a global pandemic, fluctuating interest rates, and multiple macroeconomic shocks.

“This ability to grow our platform and deliver for our investors and borrowers is a testament to the hard work of our team, and our commitment to strong due diligence throughout the lifetime of every loan.

“Our business model now has a proven track record, and we are looking towards our future growth, onboarding more lending partners and supporting more borrowers across the UK at a time when fair financing is becoming increasingly hard to find.”

A focus on disciplined growth

Loanpad was launched in 2018, with the aim of enabling retail investors to back short-term property loans in the UK. Investments are raised from a combination of a select group of lending partners, as well as Loanpad’s ever-growing pool of retail investors. Currently, our lending partners share of the loans is more than £104m, while our retail investor base has invested more than £136m. This means that our live loanbook is currently valued at more than £240m.

We believe that our phenomenal growth story is due to the diligent and conservative management of the platform, as well as the loyalty of our investor base.

In just eight years, Loanpad has become an established part of the UK’s property lending market, growing its loanbook from £10m in 2020, to £50m in 2022 and £137m today.

Transparency has always been at the heart of Loanpad’s business. We are registered with the FCA, and we report all lending statistics on our website. We don’t charge any fees to our investors, but we do make a margin on the rate of interest paid by borrowers.

We also prioritise conservative loan-to-value (LTV) ratios on all property loans, to ensure that our investor capital is protected in the event of a borrower default. As a result of these measures, not a single investor has lost a penny of their capital through Loanpad.

This approach has helped us to build a loyal community of backers who choose to keep investing with Loanpad year after year.

“We would like to thank our investor base for all of their support over the years, and for trusting us with their hard-earned money,” says Maurice. “We are here for the long term, and we intend to maintain the highest standards by choosing great loans and delivering great returns for our investors.”