Our Performance

So that you can monitor the performance of our
lending, we have provided a selection of information below.

To date, Wellesley Finance has made 268 loans
at a value of £542.93 million.

Wellesley Group provides finance to experienced property developers, specialising in development funding.
Our strategy is to lend to borrowers whose loans are secured on mid-priced property throughout the UK, on loans typically between £2 million and £20 million. All loan applications are rigorously evaluated by our Credit Committee, and we place our own funds into every loan that we make, providing additional confidence to our investors. We use the interest paid by those borrowers to pay competitive rates to our investors.

Performance To Date

Facilities £ million Total Loss £ million* Loss Count Lifetime Loss Ratio % Expected
2014 £149.32m £3.03m 3 2.03%
2015 £145.09m £1.34m 3 1.48%
2016 £127.84m £0.00m 0 1.03%
2017 £120.68m £0.00m 0 0.80% 1.0%
Total £542.93m £4.37m 6

Figures correct as at 30/09/2017 and updated quarterly. Figures subject to daily change. Loan Book performance may go up as well as down.
*Losses are made up of actual crystallised losses and losses which have been provisioned for.

All losses to date, (£4.37 million) have been covered by Wellesley Finance and no investor has made a loss.

Please note, all provisions have been made by Wellesley Finance on a discretionary basis and do not represent any form of guarantee to investors. To read more
click here.

£16 million

Interest paid
to date

100%

Matured investments
have to date been repaid in full*

4.87%

Average interest rate
earned by investors to date

*Past performance is not indicative of future results, and this cannot be guaranteed in the future.

Current Loan Book Performance

Loan Performance

  • 95%

    Performing
    (Standard & Enhanced Monitoring)
    £ million

  • 5%

    Non-Performing
    £ million
     

To read more about Loan Performance click here.

Homes Built

> 1,500 

£ per Sq ft

£552

Average Loan Size

£4.01 million*

*Average loan size in 2016 and 2017.

Geographical Breakdown of Loan Book

Top 5 areas of Loan Book Breakdown

  • 19.4%

    London

  • 11.1%

    South East

  • 22.6%

    South West

  • 19.3%

    East

  • 17.1%

    North West

Investment through Wellesley involves lending to individuals or companies and therefore your capital is at risk and interest payments are not guaranteed if the borrower defaults. It is important to remember that historic loan default rates are not necessarily indicative of future default rates.

Wellesley Secured Finance Plc (the Issuer) was established as a special purpose vehicle for the sole purpose of issuing asset backed securities. Wellesley Secured Finance Plc is not part of Wellesley Group Limited. Wellesley Secured Finance Plc is not authorised or regulated by the Financial Conduct Authority. Wellesley Secured Finance Plc are not covered by the Financial Services Compensation Scheme.

The Wellesley Mini-Bonds and the Wellesley Property Mini-Bonds are issued by Wellesley Finance Plc, a company incorporated in England and Wales with its registered office at 6th Floor, St Albans House, 57/59 Haymarket, London SW1Y 4QX. The information contained in this webpage which relates to Wellesley Mini-Bonds and Wellesley Property Mini-Bonds has been approved as a financial promotion for UK publication by BDO LLP, 55 Baker Street, London W1U 7EU (FRN: 229378) which is authorised by the Financial Conduct Authority to conduct investment business.

The Wellesley Property Bond is issued by Wellesley Secured Finance Plc (10565816) whose registered office is at 35 Great St. Helen’s, London EC3A 6AP. The information contained in this webpage which relates to the Wellesley Property Bond financial promotion has been approved for the purpose of section 21 of the Financial Services and Markets Act 2000 by The Share Centre Limited. The Share Centre Limited is authorised and regulated by the Financial Conduct Authority and is entered in the register under 146768.

Wellesley is the singular name for the following collective of companies, Wellesley Group Limited (09811856), Wellesley & Co Limited (07981279) and Wellesley Finance Plc (08331511). Wellesley & Co Limited is authorised and regulated by the Financial Conduct Authority (FCA) (Registration Number 655503). Wellesley & Co Limited is not covered by the Financial Services Compensation Scheme. Wellesley Finance Plc is not authorised or regulated by the Financial Conduct Authority. Wellesley Finance Plc and Wellesley Secured Finance Plc are not covered by the Financial Services Compensation Scheme.

Wellesley & Co Limited and Wellesley Finance Plc are registered in England and Wales and their registered office is at St Albans House, 57/59 Haymarket, London SW1Y 4QX. The trading address for both Wellesley & Co Limited and Wellesley Finance Plc is St Albans House, 57/59 Haymarket, London, SW1Y 4QX. The registered address for Wellesley Secured Finance Plc is at 35 Great St. Helen’s, London EC3A 6AP.