Landbay , a UK - based P2P lender , was founded in 2013 to focus on loans secured against rental properties . The platform promises investors compound ##ed returns of 4.5 % on a three - year deal or 3.35 % above that on a floating - rate product , which CEO John Goodall agues are good rates for relatively low risk ( compared to some other lending platforms ) . “The vast majority of loans are below 75% loan-to-vale with the average at around 60%, which is in line with most lenders that work at around 65% to 70% LTV. Landbay is able to make loans very quickly , usually within 48 hours , providing an “ on demand ” aspect to buy - to - let lending .
Landbay , a UK - based P2P lender , was founded in 2013 to focus on loans secured against rental properties . The platform promises investors compound ##ed returns of 4.5 % on a three - year deal or 3.35 % above that on a floating - rate product , which CEO John Goodall agues are good rates for relatively low risk ( compared to some other lending platforms ) . Landbay is able to make loans very quickly , usually within 48 hours , providing an “ on demand ” aspect to buy - to - let lending .