Blog
31st October 2014

World Savings Day is celebrated today!

 

The World Savings Day was established on the 31st October 1924, during the 1st International Savings Bank Congress in Milan, Italy. The Italian Professor Filippo Ravizza declared this day the “International Saving Day” on the last day of the congress.

 

Today is a day dedicated to the promotion of savings across the World and Wellesley & Co. are committed to the cause. The savings industry is extensive, there are various routes by which savers can put away their funds. Peer-to-Peer lending is a path for lenders to take to place their funds in, which in turn lends the committed funds to assured borrowers. Wellesley & Co. are the Fastest Growing Platform in the UK and have a very unique Peer-to-Peer investment platform.

 

Wellesley & Co. the first Peer-to-Peer platform to lend its own funds first in every loan it makes, has designed a unique business model which has been formed to enable borrowing and lending alike to be straightforward. Lenders funds are spread across the online p2p platform’s entire loan book to enable a high level of diversification. Consumers are attracted to Peer-to-Peer platforms because of the high interest rates available and online transactions which enables users to manage their savings efficiently. Capital is at risk when placing funds with Peer-to-Peer lenders and they are not protected by the Financial Services Compensation Scheme (FSCS), however Wellesley & Co. is regulated by the Financial Conduct Authority (FCA).

 

Saving your pennies is vital for your future and we at Wellesley are aware of how important this is to our lenders, borrowers and potential consumers. That is why we are involved in boosting today’s ‘Worlds Savings Day’ and want you to join in the celebration with our ‘Refer a Friend’ campaign. All existing customers that refer a friend to Wellesley & Co. will receive £50 cash back along with the new lender also receiving £50 cash back into their account as soon as funds are committed. All you need to do is send the details of the referred friend to [email protected]

 

Happy World Savings Day!

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]