SEPTEMBER 2019 Peer To Peer & Development Performance Stats
September 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 @ 30/09/19|
|Default rates||11.1%||23.3%||39.8%||13.7%||0.0%||27.6%||*See note below|
|Currently in default||0.0%||6.7%||18.1%||9.8%||12.6%|
|No of loans completed||9||31||88||73||33||233|
|Total value of loans completed||£2,312,074||£16,095,000||£30,747,700||£25,086,000||£17,917,786||£91,758,660|
|Average loan period (months)||11||11||9||9||12||10|
|Average loan size||£256,897||£519,194||£349,406||£343,644||£542,963||£393,814|
|**No of loans due to be redeemed||9||30||83||51||1||174|
|**No of loans redeemed within tolerance||8||23||50||39||0||120||69.0%|
|**No of loans redeemed beyond tolerance||1||5||18||2||0||26||14.9%|
|**No of loans not redeemed within tolerance (still active)||0||0||0||5||1||6||3.4%|
|**No of loans in default (not redeemed beyond tolerance)||0||2||15||5||0||22||12.6%|
|Average late days||30.5||157.9||237.4||78.7||N/A||168.0|
|Average late days incl HCBC1 funded out||202.3||162.7||211.0||80.0||N/A||166.1|
|% 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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