A peer-to-peer lending platform with the operational simplicity and control of an online account. Inflation-busting interest paid daily. Watch your money grow with Loanpad.

A simple, smart way to make more of your money

Daily interest

Daily access

£10 minimum

FCA authorised

OPEN A LOANPAD ACCOUNT

Capital at risk. Not protected by the FSCS. Past performance is not an indicator of future results.

Current Loanbook Statistics

£37,093,000

Total Live Loans

£13,527,000

Total Loanpad

Participation

£23,566,000

Total Lending Partner Participation

Suspended Loan Rate

0%

Capital Losses To Date

£0

Average LTV

33%

These figures were last updated on the

06th October 2020

Lower risk

Tax-free interest

Inflation-busting interest

Total control

We partner with established property lenders and spread your money evenly every day across a portfolio of secured property loans.

Open a Loanpad ISA and start investing with as little as £10 and grow your money tax-free.

Reinvest your daily interest and reap the benefits of compound interest.

Move your money between accounts and check your interest any time.

Sign up today and qualify for a welcome bonus

Just enter the reference 'WB620' when signing up

View welcome bonus terms

Invest £5,000 for 365 days and receive £50

Invest £10,000 for 365 days and receive £100

or click here to log in.

Capital at risk. Not protected by the FSCS. Past performance is not an indicator of future results.

Capital at risk. Not protected by the FSCS. Past performance is not an indicator of future results.

Still not sure?

Choose the account that suits you best, with or without an ISA wrapper. You can move money between Loanpad accounts and check your interest 24/7.

Our accounts

These are annual rates paid daily into your cash account – after fees but before tax. If you choose to reinvest your interest daily, you’ll enjoy even higher returns. Rates are variable and could change.


We do all we can to release your money as soon as you ask for it. But this does depend on funds being available, and from time to time there may be a slight delay.


Interest Rates Forward Guidance: As of 01 November 2020, rates will be changing to: Classic 3.25% and Premium 4.25% and from 01 December 2020 to: Classic 3.00% and Premium 4.00%.

ISA eligible

Your money

diversified daily

Interest paid daily

to cash account

Designed for

lower risk

GET STARTED

Capital at risk. Not protected by the FSCS. Past performance is not an indicator of future results.

Simple and transparent

We’ve designed Loanpad for maximum simplicity and transparency. We don’t charge a fee, but make a margin on the rate of interest paid by borrowers. Essentially, we make money when you make money – so it’s in everyone’s interest to make sure every single loan is rock-solid.

How it works

Put money into your cash account by bank transfer or standing order.

Make a deposit

Choose your account

Enjoy daily interest

Stay in control

Choose to lend through your Classic or Premium account, or both. You can move your money around to suit your needs.

Watch your interest grow from your fully diversified portfolio of lower-risk property loans.

Enjoy free access, flexible accounts and complete visibility of your interest and diversified loans.

GET STARTED

Capital at risk. Not protected by the FSCS. Past performance is not an indicator of future results.

How we safeguard your money

No lending account is completely risk-free. But Loanpad is built to keep the risk to your money as low as possible. Here’s how...

Daily spreading

Every day your money is diversified across our entire book of loans. Not only does this reduce the impact from any one borrower defaulting, but it means there’s no difference between drip feeding money into your Loanpad account or putting in a lump sum. You get the same great rates at the same risk either way.

Shared loans for lower risk

The loans made with your money are shared with our lending partners – we only work with carefully vetted established lenders. They manage each loan with our oversight and are responsible for the higher risk part (called the ‘junior tranche’). As the lending partner will always take at least 25% of the loan, there’s lower risk to you if a borrower defaults. If this does happen, your money will be repaid (plus interest) before the lending partner’s share.


This also means it’s in our lending partners’ interest to check potential borrowers extensively, just as we do.

Responsible lending

We only take on carefully vetted lower-risk property loans. As part of our extensive due diligence for approving each loan, we look at the credit history, experience and activity of each borrower and review asset and liability statements and payment history. Our panel of surveyors and solicitors also check the legality and security of every potential loan and borrower. We carefully review the exit strategy for each loan – and all loans are backed (secured) by property that we can sell to recover your money if the loan defaults.

Interest cover fund (ICF)

We safeguard your daily income using this unique ring-fenced fund which covers your daily interest payments if any borrowers fall behind on their payments. With short-term property loans, delays can happen – this fund exists to make sure you get paid daily, in full. You can see real-time details of this fund on our platform at any time. More about the interest cover fund.

The Interest Cover Fund we offer does not give you a right to a payment so you may not receive a pay-out even if you suffer loss. The fund has absolute discretion as to the amount that may be paid including making no payment at all. Therefore, investors should not rely on possible pay-outs from the Interest Cover Fund when considering whether or how much to invest.

Ready to grow your money?

Loanpad is a smart way to increase your investments while keeping risk as low as possible.

SIGN UP

Capital at risk. Not protected by the FSCS. Past performance is not an indicator of future results.

You should know...

Capital is at risk

No FSCS protection

Past performance

Economic factors

As with any investment, your capital is at risk and your investment may go up or down in value.

You won't be covered by the Financial Services Compensation Scheme (FSCS) for potential future losses.

As with all investments, past performance is not an indicator of future results.

Changes in economic climate and / or geopolitical events could negatively impact the value of your investment.

Copyright © 2020 Loanpad Limited. All Rights Reserved

Loanpad Limited is authorised and regulated by the Financial Conduct Authority (FRN:741576) and by HMRC as an ISA manager. Loanpad is not covered by the Financial Services Compensation Scheme (FSCS). As with any investment, your capital is at risk and your investment may go up or down in value.