As well as your growing BTL portfolio...

[Zero Liability]

I looked at this and read a load of articles and the forums on their site and it's not as rosy as it makes out. You invest say £1000 and they dribble it out in bits n pieces and may are complaining they aren't lend it out quickly enough. You might get the returns they say on the site IF your money is leant out. This seems to not be the case at the moment.

Also seems to be a chord of discontent on the Zoopa forums about the rates dropping and money put in to RateSetter is doing much better.

The ISA thing does look interesting but deffo some research needed.

Funding Circle is also usually well regarded for offering higher returns. They all come with some default risk, of course.

[ChimpMaster]

You forget, Dim's millions in zopa only form a tiny percentage of his total empire....

[northernladuk]

I looked at this and read a load of articles and the forums on their site and it's not as rosy as it makes out. You invest say £1000 and they dribble it out in bits n pieces and may are complaining they aren't lend it out quickly enough. You might get the returns they say on the site IF your money is leant out. This seems to not be the case at the moment.

Also seems to be a chord of discontent on the Zoopa forums about the rates dropping and money put in to RateSetter is doing much better.

The ISA thing does look interesting but deffo some research needed.

[DimPrawn]

Peer-to-peer loans - Grow your savings - Zopa

Peer-to-peer secures ISA status

Unlike other riskier stocks and shares ISAs, a more reliable and predictable Zopa ISA would allow every saver to become a millionaire under 30 years at the current rate of 5% if they used their full ISA allowance and would double their savings to £2m by saving for a further 11 years. Meaning that by 2044 you could be a Zopa millionaire with over £649,000 in interest alone!


This time in 2044 Rodders!