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Loans & lending - what is available

In this section you will find information on lending and loans that are currently available on the site and how much/for how long you can lend or borrow, with indicative rates and default statistics.
New products will be added from time to time as we expand our offering.

When we have enough history we will add website statistics, actual loan rates and actual returns on lending.

What is Available

Person to person unsecured loans & lending

Borrow: Fixed Term & Fixed Rate

Term months From 12 To 60
in 3 month steps e.g. 12, 15, 18
Loan amount £ From 1000.00 To 7500.00
in £10 steps e.g. £1000, £1010, £1020
Rate nominal % From 4.2% To 8.1%
based on market rates
Rate APR % From 5.6% To 9.7%
includes loan costs (not membership)
Lend: Fixed Term & Fixed Rate

Term months From 12 To 60
in 3 month steps e.g. 12, 15, 18
Lend amount £ From 10.00 To no limit*
in £10 steps e.g. £10, £20, £30
Rate nominal % From 4.6% To 8.9%
based on market rates
Ann. Rate % From 3.5% To 7.8%
annualised rate incl fees & CS (not mem subs)

The above interest rates are based on typical rates available in the market after fees and assuming the Compensation fund covers any default and before tax.

Default Rates

p2pfa logo

The Peer to Peer Finance Association has specified the presentation of detailed annualised figures on arrears and defaults.
These are the statistics to date for Madiston LendLoanInvest presented in the P2PFA format.

Year      2014    2015    2016    2017
Actual arrears as a percentage of outstanding balances 0.8%    0.9%   0.0%   0.0%

The total of loan repayments more than 45 days late (but not defaulted) as a % of the
outstanding amounts from loans made in the calendar year

Expected lifetime defaults 1.5% 1.5%   2,2%   2.5%
Expected lifetime defaults amount as a percentage of total amount lent in the calendar year              
Actual default rate 3.2% 0.0%   0.0%   0.0%
Total defaulted loan amounts as a % of the total amount lent in the calendar year