Mayfair Bridging – the peer to peer bridging lender

By Bridging Loan Directory -


Mayfair BridgingPeer to peer lending (also known as person to person lending and social lending), is the method of lending money to individuals or businesses without the involvement of traditional financial institutions (banks etc). Another term is the Bank of Dave.

The majority of peer-to-peer loans are unsecured personal loans, which in other words means that borrowers do not provide security (such as a property) to the lender as collateral. 

The interest rates for the peer-to-peer loans are either set by the investor or by the P2P company based on the borrower’s credit history. Any borrowers which are seen as having a higher risk of the loan of going into default, are generally given higher interest rates.

Before completing a peer-to-peer loan, investors evaluate the risk that the borrower may not pay back the money, and use this as a decision maker whether or not to lend money.

The P2P company which investors use generate a profit by collecting a one off fee from borrowers and investors, which is generally a percentage of the loan amount on each loan, or a fixed annual amount. The aim of peer to peer lending is to allow investors to earn higher returns on their investment/savings, and borrowers can borrow money without the red tape of traditional financial institutions.

Unlike most other p2p companies, Mayfair Bridging is an FSA Authorised Regulated Syndicated Loans Provider which targets sophisticated investors looking to find high returns from bridging loans. Mayfair run the investment scheme as a FSA authorised UCIS.

In contrast to many other new funding models, such as Crowd-lending , Mayfair Bridging has gained recognition from the FSA and met their tough regulatory standards to gain authorisation to offer syndicated loans and unlike most P2P lenders offer security to the investor by way of a first legal charge.

Director Shoaib Bux said:

”Unfortunately there are a small minority of P2P lenders out there that operate under the radar of the FSA and are in breach of their collective investment scheme rules. It is important that IFAs only deal with FSA authorised operators. Since gaining authorisation, we’ve had very positive feedback from the IFA community and many are keen to invest their client’s SIPP money. We will be formally launching the scheme in the new year.”