Ten questions to ask a P2P lender before investing

Adviser due-diligence is critical

As interest rates continue to hover at historically low levels, more income seekers are considering alternative options for returns. Here are 10 questions advisers looking at peer-to-peer (P2P) lending should ensure they have covered...

P2P lending rose in popularity after investors put off investing in more traditional asset classes in the aftermath of the EU referendum in June. But there are risks associated with the products, which advisers need to consider as much as potential rewards. Dragonfly Property Finance, the firm powering peer-to-peer lending platform Octopus Choice, said it was of utmost importance people understood the platform they are putting their money on. Here managing director Mark Posniak offers 10 due-diligence questions he believes every adviser and investor should ask their P2P lender: ...