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UK peer to peer lending platform Proplend has moved to larger premises in Richmond, London. The move comes to accommodate a growing team and platform expansion plans after more than 3 years in Ascot (Berkshire), since founding in 2014. CEO, Brian Bartaby
Loan interest rates reflect the credit risk of the underlying transaction – the probability of a loan defaulting. They represent the creditworthiness of the underlying borrower, the security pledged and the circumstances surrounding the property purchase or refinance.
Proplend has been in the news this week, with P2P Finance News reporting that the property lending platform had extended the availability of its Innovative Finance ISA (IFISA) to new customers. With effect from 1 August, anyone registering as a Proplend