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FAQ

Please read the following frequently asked questions, which address most of our lenders' concerns. If you don't find the information you need, fill out our Contact Form. A technical support representative will usually respond within 24 hours.

What is Sensible Lender?
Sensible Lender is a crowdlending platform that connects investors directly to borrowers with loans secured against quality real estate assets in the United Kingdom.
Is Sensible Lender Limited regulated?
Sensible Lender Limited is authorised and regulated by the Financial Conduct Authority. Sensible Lender Limited registered office is 149-151 Mortimer Street, Herne Bay, Kent, CT6 5HA (Company Number: 08050131). Sensible Lender Limited is not covered by the Financial Services Compensation Scheme.
Do I have to pay any fees?
Unlike other peer-to-peer lenders, Sensible Lender does not currently charge lenders a fee. All costs are paid for by the borrower.
Is there a minimum investment amount?
The minimum investment amount per loan on the Sensible Lender platform is $5000.00.
What return can I expect?
Once you commit to invest in a project you will begin earning 3% - 5% monthly interest on your capital immediately. The interest is credited to your account at the end of each month. At the end of the term of the loan your initial investment, along with any outstanding interest earned, is made available in your account for withdrawal or further project funding.
How long will the loan be for?
Loan terms range from 3 months to 1 year.
What size are the loans?
Average loans amounts range from $100,000 to $2,000,000.
What are the loan repayment terms?
Loans are interest only with the capital amount being repaid at the end of the term.
When will interest payments be made?
Interest will be paid to investors on a monthly basis or at the end of term, depending on the compounding type. In the case of monthly compounding, interest is added monthly to your principal and paid at the end of term.
Where is investor's money held?
Any monies transferred to our system are held in a designated client money account in accordance with FCA rules. This account is “ring-fenced” and protected in the event that anything should happen to Sensible Lender, safeguarding clients’ funds. The account is held with Barclays Bank.
Is my money protected by the Financial Services Compensation Scheme?
Sensible Lender is not a bank. Any monies you place into your account are not protected by banking laws.

As with most forms of investment, peer-to-peer lending carries a degree of risk to your capital; in this case if the borrowers are unable to repay their loan. At Sensible Lender, we seek to reduce this risk to our investors by taking asset security on every loan.
What are the risks?
We make every effort to minimise the risks for our investors and to ensure, where possible, that all investments are repaid in full and on time. To date we have a 100% success rate with our repayments. In the event that a borrower defaults on their loan we have the following protection in place:

- All loans are secured with a legal charge, which means the property can be sold if the borrower defaults on the loan.

- Loans do not exceed a maximum of 75% of the Open Market Value. This means that if the borrower cannot repay the loan it is highly likely that we will be able to recoup all funds from the sale of the security, as there is a substantial amount of equity.

- In the unlikely event that we are unable to recoup all the funds from the sale of the security we maintain a Provision Fund to allow us to compensate investors should there be a shortfall.
What are Sensible Lender's predicted default and loss rates?
Sensible Lender’s expected default rate is 2% and expected future loss rate is <0.5%.
How does Sensible Lender make money?
Sensible Lender charges Borrowers an Arrangement fee (made up of a Listing fee and a Completion fee) being a percentage of the value of the loan.
Can I access my money at any time?
Once you have made an investment via Sensible Lender, your money will be locked in for the term of the loan; however, you can use the Early Access service. This enables customers to request access to their funds before the end of a lending term.
Can I earn rewards for my referrals?
When you have set up an account you will be given a personalised link to share with friends and family, or to use on your website, blog or social networks. When a new investor joins Sensible Lender using your link we will credit your account with 5% of their initial investment as a thank you.
When are you going to establish a representative office in Canada?
We are investigating the Canadian market. In the nearest future we are going to start working on it, too. We have made all required preparations for that and are about to open our representative office.
I am from Canada and I would like to work for your company. However, there is a problem. I do not have an office. How can I work in this case?
We provide our employees with a wonderful opportunity to work from any place they choose whether this is your comfortable home place or a cozy cafe. All you need is a permanent access to the Internet, Skype and phone.
What about paying taxes? Is this a legal job?
Yes, we work only within the legal framework. Our company is authorized to work in Canada. That is why you will reflect the Canadian income and Canadian taxes.
Why shall I use my own account during the first two weeks of working for you?
The first two weeks are a trial period we offer all our candidates. That is why we cannot provide you with special business account until you become our employee.
Sensible Lender Limited is authorised and regulated by the Financial Conduct Authority, and is entered on the Financial Services Register under firm registration number 651932. Sensible Lender Limited registered office is 149-151 Mortimer Street, Herne Bay, Kent, CT6 5HA (Company Number: 08050131). Sensible Lender Limited is not covered by the Financial Services Compensation Scheme.

Investment through Sensible Lender Limited involves lending to individuals or companies and therefore your capital is at risk and interest payments are not guaranteed if the borrower defaults. It is important to remember that historic loan default rates are not necessarily indicative of future default rates.