August 2018 Peer To Peer & Development Performance Stats
August 2018 summary and monthly statistics can be seen below for our peer to peer and development loans.
|Development and Bridging Data||2015||2016||2017||2018||Cumulative @ 31/8/18|
|Actual default rates||11.1%||22.2%||38.6%||0.0%||30.6%||*See note below|
|No of loans completed||9||31||88||56||184|
|Total value of loans completed||£2,312,074||£16,095,000||£30,747,700||£17,621,000||£66,775,774|
|Average loan period (months)||11||11||9||9||9|
|Investor Capital Lost||0%||0%||0%||0%||0%|
|Average loan size||£256,897||£519,194||£349,406||£314,661||£362,912|
|**No of loans due to be redeemed||9||27||70||5||111|
|**No of loans redeemed on time||8||21||43||5||77||69.4%|
|**No of loans redeemed late||1||4||6||0||11||9.9%|
|**No of loans in default||0||2||21||0||23||20.7%|
*Note- Actual default rates based on redeemed loans with a 90 day tolerance threshold.
**Note- Please note that redemption and default figures are based on the year the loan is made in eg. if a loan is made in 2017 and redeems in 2018 (even if late paying) the stats for it will be recorded in 2017.
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