Tarlochan Garcha, CEO at Kuflink

Name

Tarlochan Garcha

What does it say on your business card?

CEO, Kuflink

What does the business do and what are you offering?

The Kuflink Group comprises of Kuflink Bridging – providing bridging loans for property professionals – and Kuflink Ltd, a P2P lending platform. Kuflink provides an online lending platform for people to lend their own money to borrowers, that is secured against UK property.

Why should investors be attracted to Kuflink?

Kuflink is peer-to-peer lending platform that lends with you: We have skin in the game as we lend 20% alongside lenders on the platform in every deal. It means we believe in every transaction and every property on our platform and aren’t afraid to put our money where our mouth is.

Why did you choose to move from a career in banking to a prop tech firm such as Kuflink?

I was really enjoying my banking career however it was the challenge that most appealed to me.  Banking has lost its element of client service and at Kuflink the whole ethos is around service and what the client wants. I also see the future of banking as being online. At Kuflink that then gave me the opportunity to help build a client-centric platform.

What is the most satisfying part of your job?

I suppose this is twofold. Firstly the great feedback we are getting from both our lenders and borrowers.  We have delivered a unique product, which is user friendly, simple to understand and have mitigated many risks.  The second element is our FCA regulation, we have gone above and beyond the requirements of our regulator to set the bar higher.  This will hopefully provide our clients with confidence in Kuflink and provide us with a sustainable business model.

What is your property investment prediction for 2017?

Keep a close eye on Bristol, Birmingham and Manchester as they will be key areas of residential growth in 2017. These cities have become vital business hubs and have received substantial government investment over the past couple of years, towards regeneration and improved transport links, such as HS2. A strong, and growing, university presence in these areas has added to the demand for housing, from both students and graduates.

Next year's capital growth value increase is likely to be between 7-10%. However, for the more astute, experiences investor, double digital growth can be achieved.