EasyMoney hits £500m in property-backed lending

UK peer-to-peer property investment platform easyMoney has surpassed £500m in property-backed lending, it announced today.

The platform has achieved this while maintaining a zero capital loss record for investors, it said.

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To date, easyMoney’s investors have earned more than £50m in interest payments, with monthly payouts averaging approximately £1.5m. The platform expects to have paid more than £60m in total interest by the end of 2025.

The company is continuing to expand its loan book by funding property projects across the UK. It aims to apply rigorous due diligence throughout the lending process to minimise risk, maintaining low loan-to-values (LTVs) and loan-to-gross-development-values (LTGDVs) on all its loans.

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As of this month, the average LTV for an easyMoney bridging loan stands at 54.6 per cent while the average LTGDV for property development loans is 61 per cent. Loan terms typically last around 20 months.

“We are continuing to grow our loan book and will keep offering our usual range of products to new and existing investors,” said Jason Ferrando, chief executive of easyMoney.

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“We know our market extremely well and we have a proven track record of performance over almost a decade, and we are proud to say that no investor has ever lost a penny of their capital by investing with us.

“We plan to keep doing what we do best, and grow our platform organically over time.”