This a really interesting prospect. As a heavy and happy user of LendInvest, Bricklane is appealing as I get to benefit from the underlying increase in property value and get a regular income from rental returns. The downside is a lack of guaranteed return and potentially reduced liquidity. With LendInvest, I get the initial investment returned after the loan period (typically 12 months) so I have more flexibility in redeploying my capital.
Another big advantage that Bricklane has over LendInvest is its ISA status, so my earnings are tax free up until the threshold.
@tomcavill Have I missed anything? While acknowledging that historical performance isn't an indicator of future performance, would £10,000 invested at 7.5% with LendInvest have performed better or worse with Bricklane? Have you run these simulations?
Congrats on the launch - love this space.
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Guys, this is awesome. Do you know if there is something like this available in the Netherlands? Off course I would love to join your platform as soon as possible, but reaching the Dutch market will take a while I guess ;)
Splittable