Blog
4th March 2015

Invest in property with as little as £10

Property

 

Investing in property is a popular route by which savers are placing their money. With above average monthly returns and an asset held, property is an encouraging path for savers to go down to ensure they receive a decent return on their hard earned cash. Although, investing in property is a sure way to grow your savings, it is expensive to start and maintain throughout the investment period.

 

However, there are other alternatives for you to build your savings though property investments. Peer-to-Peer lending platforms can enable you to invest in property without the banking intermediaries or responsibilities of being a landlord. With Peer-to-Peer platforms you lend money to an investor to buy and develop a property and in return, receive regular interest payments on your capital. This will see you not having the added costs associated with letting a property such as maintenance and avoid periods between tenants.

 

Wellesley & Co. is a Peer-to-Peer lender that specialises in asset backed lending. The firm lends primarily but not exclusively on property, at an average loan to value rate of 65%. This ensures that if a borrower fails to meet loan repayments, the asset can be sold to recover any lost funds incurred by the lender. It is not guaranteed that security arrangements will cover any losses to capital and interest. However, Wellesley & Co. have a discretionary Provision Fund in place which serves the purpose of compensating customers if a borrower fails to repay their loan. In the event of there being losses in excess of the balances of the Provision Fund then there may be insufficient funds to cover all claims.  Wellesley & Co. are authorised and regulated by the Financial Conduct Authority and offer a range of products to suit your investment criteria. You can start to earn interest of between 3% – 6% from the day that you commit your funds and can start investing with as little as £10. It is important to note that Wellesley & Co. is not covered by the FSCS and your capital is at risk if a borrower falls to repay their loan.

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]