August 2019 Peer To Peer & Development Performance Stats
August 2019 summary and monthly statistics can be seen below for our peer to peer and development loans.
|Development and Bridging Data||2015||2016||2017||2018||2019||Cumulative @ 31/08/19|
|Default rates||11.1%||23.3%||39.8%||10.4%||0.0%||26.9%||*See note below|
|Currently in default||0.0%||6.7%||19.3%||10.4%||13.5%|
|No of loans completed||9||31||88||73||29||229|
|Total value of loans completed||£2,312,074||£16,095,000||£30,747,700||£25,086,000||£13,715,086||£87,955,960|
|Average loan period (months)||11||11||9||9||11||10|
|Average loan size||£256,897||£519,194||£349,406||£343,644||£472,934||£382,417|
|**No of loans due to be redeemed||9||30||83||48||1||171|
|**No of loans redeemed within tolerance||8||23||50||37||0||118||69.0%|
|**No of loans redeemed beyond tolerance||1||5||17||0||0||23||13.5%|
|**No of loans not redeemed within tolerance||0||0||0||6||1||7||4.1%|
|**No of loans not redeemed beyond tolerance – default||0||2||16||5||0||23||13.5%|
|Average late days||30.5||157.9||225.4||65.6||N/A||163.9|
|Average late days incl HCBC1 funded out||202.3||162.7||201.4||69.5||N/A||162.8|
|% of investor monies lost to date||0%||0%||0%||0%||0%||0%|
*Note- Actual default rates based on redeemed loans with a 180 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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