This form of lending has become relevant, some banks as we know are not lending, the Peer to Peer business will provide a better return to the investor than he is enjoying from his existing investments, plus there is the excitement of seeing where his money has been invested.

Originally the funds were being lent to Businesses for the purchase of business assets, cars, plant, equipment and so on, however as the market has expanded, and specialist Peer to Peer lenders have now entered the property market, and will lend against buy to lets and private residences.

A number are also offering unsecured business loans to businesses that have a minimum turnover of £100,000 advancing from £25,000 to £500,000.