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4thway plus rating

The 4thWay PLUS Ratings are based on interest rates and a forecast of the risk of borrowers not repaying their entire debts. There are other risks. A top 3/3 4thWay PLUS Rating means that, using the international banking standard “Basel” method, we expect that the average investor won’t make a loss across a basket of equally-rated… Read more

4thway risk score

The 4thWay Risk Scores are an estimate of the potential losses in a severe recession, with lower scores being better. They don’t take interest rates or reserve funds into account and instead focus entirely on the scale of written-off loans. There are other risks to P2P lending and P2P IFISA lending, which are not taken into… Read more

bridging

A bridging loan is a short-term property loan that is meant to bridge a period of time. For example, when a property development project has been completely built, you might need a bridging loan to cover the period of time it takes to complete a sale. Read more about bridging loans.

brownfield site

A brownfield site is land that was previously developed. It could potentially be redeveloped. Read more about brownfield sites in peer-to-peer lending.

detailed comparison pages

4thWay’s detailed comparison pages contain around 100 pieces of information on each lending account that we have assessed. The detailed comparison pages can be found like this: 1. Go to the combined peer-to-peer lending account and IFISA comparison table or just the IFISA comparison table. 2. Check the boxes on the right of all the accounts that… Read more

development lending

A development loan a loan to develop a building site. This might include tearing down existing premises, completing groundworks and putting up a new building. Or it might be renovating an existing building. Usage of the phrase “development loan” varies. Read more about development loans.

first charge

A first charge means that, if the borrower is unable to pay its bills, you will be first in line to get your money back, including interest, when specified property or items are sold to recover losses. Other lenders (e.g. banks) are later in the queue than you, and they might only get any of their money… Read more

flexible isa

The amount of new money you can put into an ISA each tax year (from 6th April to 5th April the following year) is capped. With a flexible ISA, if you put new money in, you can withdraw it and put it back in again without losing part of your capped allowance, provided you put… Read more

junior loan

A loan that is junior to other loans means that those other loans will be repaid first in the event that the borrower is unable to repay all debts.

loan-to-value

If a property is valued at £100,000 and the borrower borrows £70,000 then this is 70% loan-to-value (or 70% LTV). It means that lenders have an estimated buffer of 30% if the property needs to be sold to recover the debt, which is particularly useful if the property market falls. Read more about loan-to-value.

Today’s average interest rates

What is the “4thWay”?

There's the savings way, the property way, the stock-market way, and now there's the peer-to-peer lending way. The 4thWay® to save and invest.
Learn more.

What does 4thWay do?

We help people save and make more money, more safely when they cut out the banks and lend directly to other people and to businesses.

Why use 4thWay?

4thWay® is shaped by investors, bank risk modellers and a senior debt specialist, and we're governed by our users to ensure our comparison services and research are trustworthy and complete.

Why are Wellesley’s interest rates different?

Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers “bonds”. Unlike its P2P lending service, its bonds don’t allow you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

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Why are Wellesley’s interest rates different?

Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers two “bonds”, one of which is available as an ISA.

Unlike its P2P lending service, neither of these bonds allows you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

Got it

×

Why are Wellesley’s interest rates different?

Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers two “bonds”, one of which is available as an ISA.

Unlike its P2P lending service, neither of these bonds allows you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

Got it

×

Why are Orchard’s interest rates different?

Orchard’s lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Orchard’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Got it

×

Why are Wellesley’s interest rates different?

Wellesley’s P2P lending rates appear higher on its own website than on 4thWay®.

This is because we calculate Wellesley’s interest rates the same way most other P2P lending websites do. We do this so that you can compare the rates more easily and so that they show a more accurate picture of what you’ll earn.

Important information before you visit Wellesley & Co.

Wellesley & Co. is primarily a P2P lending website.

But, when you visit the Wellesley website, you’ll see that it also offers “bonds”. Unlike its P2P lending service, its bonds don’t allow you to lend directly to 100+ borrowers.

Instead, you lend to Wellesley and it lends to other borrowers.

We have not risk-rated either of those bonds, but we expect that their structure makes them more risky, particularly because you’re lending to just one borrower.

Got it

×
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