A fast-growing peer-to-peer (P2P) buy-to-let product will appeal to investors but adviser knowledge on the subject is lagging and caution advised, according to senior consultant Brendan Llewellyn.
The rapid growth of P2P investment products, in particular around property lending, has prompted Llewellyn to call on advisers to re-think the market, and be prepared to offer interested clients much needed guidance around buy-to-let investing. Llewellyn, owner of Marketing Edge and director of Adviser Home, said products such as the fast growing P2P offering from LendInvest may well be a valid alternative for potential landlords hit by the recent reduction on buy-to-let tax relief from 40% to 20%. LendInvest offers a minimum investment of £100 with fixed interest rates and income lev...
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