About PropLend

Founded in 2013, Proplend provides an online marketplace for secured commercial mortgages under £5m. The site runs an online marketplace for secured commercial mortgages, connecting investors with borrowers across the UK.


Pros...

  • Loans are secured against UK income producing commercial property.
  • Choice between 3 different levels of risk and corresponding interest rates.
  • All loans are secured by a 1st legal charge over an income producing commercial property.

Cons...

  • No provision fund.
  • Loans are selected manually, requiring a greater degree of knowledge.
  • Fees are levied on interest amounts as well as sales in the secondary market.
  • Your capital is at risk.
  • Proplend is not covered by the FSCS.

Provision funds and insurance

Proplend has no provision fund.

Key Data

  • LTV: 75%
  • FCA Regulated?
  • Who chooses borrowers? Investor
  • Investment secured on Property
Invest with PropLend

Tranche A

  • Potential Return:

       6.57%*
  • Term:

      1 - 3 year
  • Min. investment:

       £5,000
  • Secured on:

       Commercial Property
  • Provision Fund:

       No
  • Early exit:

       Yes

*This is the annualised percentage return after fees, but before bad debt and taxes for active loans on the platform for the 12 month period to 31 December 2016, with Interest not re-lent. It is calculated by taking an average of the Annual Interest Rate (AIR) across all loans.


Tranche B

  • Potential Return:

       7.94%*
  • Term:

      1 - 3 year
  • Min. investment:

       £5,000
  • Secured on:

       Commercial Property
  • Provision Fund:

       No
  • Early exit:

       Yes

*This is the annualised percentage return after fees, but before bad debt and taxes for active loans on the platform for the 12 month period to 31 December 2016, with Interest not re-lent. It is calculated by taking an average of the Annual Interest Rate (AIR) across all loans.


Tranche C

  • Potential Return:

       9.39%*
  • Term:

      1 - 3 year
  • Min. investment:

       £5,000
  • Secured on:

       Commercial Property
  • Provision Fund:

       No
  • Early exit:

       Yes

*This is the annualised percentage return after fees, but before bad debt and taxes for active loans on the platform for the 12 month period to 31 December 2016, with Interest not re-lent. It is calculated by taking an average of the Annual Interest Rate (AIR) across all loans.


Your capital is at risk if you lend to businesses. Peer to peer lending is not protected by the Financial Services Compensation Scheme. Please read our full risk warning here.