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TODAY'S OTHER NEWS

Lend and earn annual returns of up to 6% with Kuflink

The Kuflink Group is offering investors an opportunity to earn up to 6% a year through its peer-to-peer (P2P) lending platform, while also providing short-term finance for those looking to invest in property.

The company, which comprises of Kuflink Bridging - providing bridging loans for property professionals, and Kuflink Ltd, a P2P lending platform – will be exhibiting at the Property Investor & Homebuyer Show for the first time this week to raise awareness of Kuflink and get new introductions and instructions for bridging deals and new lenders to its P2P platform. 

Susan McBoyle, the firm’s marketing manager, explained: “Kuflink has two arms to our business: Kuflink Bridging which offers short-term finance via Brokers for business purposes; and a peer-to-peer lending platform on which deals are placed and investors can lend against property and currently earn up to 6% interest gross pa.”

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When it comes to the option to lend against various properties on Kuflink’s P2P platform and earn up to 6% gross pa for short-terms, up to 12 months usually, interest is paid monthly.

“Kuflink lends alongside investors and puts in the first 20% of all deals. This would give anyone who is looking to increase their funds and are saving up for a deposit on a house, to achieve this,” said McBoyle.

Secondly, Kuflink offer short-term lending against property for business purposes for terms of up to 24 months.

The company will lend against residential, buy-to-let, investment, commercial, semi-commercial property and land with and without planning permission.

McBoyle continued: “Finance is usually used to re-finance, refurbish, stock and sometimes for completion purposes on auction property.

“Our turnaround time is usually around ten days so this gives businesses an option to access finance quickly and allow them time to put longer-term financing in place.” 

You can register for free entry into the Property Investor & Homebuyer Show by clicking here

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