Blog
14th October 2014

Wellesley & Co. the first Peer to Peer platform to lend its own funds first in every loan, has reached the £100 million milestone in loans funded.

Wellesley & Co. the official Fastest Growing Platform in 2014 specialise in bridge lending secured on residential property and financing for development. The company have been lending to borrowers since June 2013 and have had lenders place funds with them since November 2013. Although relatively new to the Alternative Finance sector, Wellesley are growing at an exponential rate. Paired with this, Wellesley & Co. have also backed the largest loan funded through a P2P platform. Please see here

 

Potential and current investors are receptive to the Wellesley business model that, by the Directors, has been shaped through industry and consumer experience. The company has recently expanded their loan origination team. David Mill, Andrew Scotting and Alastair Caie are all now integral members of the team and are working together to further increase, Wellesley’s lending capacity.

 

The expeditious rate of growth from Wellesley & Co. is set to continue as the company is focused on sustained progression in the Peer-to-Peer lending market. The company has seen a large inflow of new investors reach their platform with the average investment being over £10,000. Investors are attracted to the platform by the origination of secured lending, earning interest immediately and the management of lending by Wellesley & Co.

 

Joint CEO & Chairman, Founder of Wellesley & Co. Graham Wellesley said:

 

‘We are very proud of this milestone that we have reached. It illustrates that our business plan and methods in place are operating effectively. This is the beginning of an elongated road for Wellesley and we aim to continue growth at this rate and enhancing the product for our customers.’  

Bear in mind

Wellesley Property Bond

  • The Wellesley Property Bond has a fixed rate and duration.
  • The Wellesley Property Bond is an ISA eligible investment, allowing you to earn tax free interest on your investment. Please note, tax allowances and the tax efficient benefit of ISAs could change in the future.

Your capital is at risk and interest payments are not guaranteed. Investment in any Wellesley Property Bonds are not covered by the Financial Services Compensation Scheme (FSCS). In the event of a loan default or if Wellesley Secured Finance Plc becomes insolvent, you may lose some or all of your investment, including interest payments due. If you are in any doubt about making an investment or do not fully understand the risks, you are strongly recommended to consult an independent professional financial adviser before you subscribe.

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 Secured Finance Plc was established as a special purpose vehicle for the sole purpose of issuing asset backed securities and is not part of Wellesley Group.

The information contained in this website has been approved as a financial promotion for UK publication by Wellesley & Co Limited (FRN 631197) who is authorised and regulated by the Financial Conduct Authority (FCA). Wellesley Property Bonds are issued by Wellesley Secured Finance Plc (the Issuer) and is not authorised or regulated by the FCA.

Wellesley & Co Limited and Wellesley Finance Plc are registered in England and Wales and their registered office and trading address is at St Albans House, 57/59 Haymarket, London SW1Y 4QX. The registered address for Wellesley Secured Finance Plc is at 1 Bartholomew Lane, London, EC2N 2AX.

 

Require further information?
Call our customer service team on 0800 888 6001 or e-mail us on [email protected]