October 2018 Peer To Peer & Development Performance Stats
October 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 @ 31/10/18|
|Actual default rates||11.1%||21.4%||42.5%||7.7%||32.5%||*See note below|
|No of loans completed||9||31||88||68||196|
|Total value of loans completed||£2,312,074||£16,095,000||£30,747,700||£21,767,000||£70,921,774|
|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||£320,103||£361,846|
|**No of loans due to be redeemed||9||28||71||9||117|
|**No of loans redeemed on time||8||22||40||8||77||65.8%|
|**No of loans redeemed late||1||4||9||0||14||12.0%|
|**No of loans in default||0||2||22||1||26||22.2%|
*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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