Coffee with Kuflink; Investment Outlook
In our series "Coffee with Kuflink", CEO Narinder Khattoare shares his thoughts on the Peer 2 Peer industry.
"Our experience demonstrates that confidence is returning on the part of investors. Since the lockdown has started to ease, inflows of new investment have been steady. Much of the new investment has come from previous customers who are returning because of their positive experience with Kuflink. Talking to them about their motivation for returning, the main reasons were the ease with which they can engage, the return and the professionalism behind the proposition.
Another reason for the return centres round the belief that the property market is not going to experience a cliff edge moment. Of course, this could be premature, however Kuflink’s reputation for picking projects with strong collateral security is now part of the brand identity among returning investors*. When added to the Chancellor’s stamp duty ‘amnesty’, the case for carefully chosen property backed P2P projects is a strong one.
New investors to Kuflink are sensibly looking for the kind of capital appreciation they can’t get by having money on deposit in a negative interest rate environment. They have weighed up the risk:reward balance and looked for one of the diminishing number of P2P providers still keen to accept personal investment, of which Kuflink is one.
The phrase ‘unprecedented times’ can be overused and we are all navigating in seas where there is no map, however the fundamentals of choosing the right projects to put on our platform, backed by good property as security*, remain the guiding stars in which our investors put their faith."
*Capital is at risk and Kuflink is not protected by the FSCS. Past returns should not be used as a guide to future performance. Securing investments against UK property does not guarantee that your investments will be repaid and returns may be delayed.