HiP has used the peer-to-peer lending model and used it to provide a service available in the property market that has never been available before to borrowers and lenders.
Join the network
HiP has a network of investors, which you can benefit from.
Investing is simple
Investors can invest in commercial and residential property or portfolio with ease.
Better deal for you
You are able to own a house where you can access equity, or even skip payments, with no penalties
What is peer-to-peer lending?
Peer-to-peer lending has a few other pseudonyms. It’s also called social financing, P2P lending, and crowdlending. It’s a method of lending money through an online service which matches up lenders and borrowers.
For example, say you needed £20,000 to build a storage unit for your business, you would log on to a P2P lending website, get credit checked and apply for the loan.
On the other side of the equation, countless numbers of investors have split their money into small chunks, sometimes £10 a piece, to be distributed across the network of borrowers – this helps spread the risk.
Most peer-to-peer loans are unsecured loans, however, the largest ones tend to be done for businesses. However, larger loans normally have some form of collateral in the shape of cars, art or buildings.
Peer-to-peer is mainly done online, as it’s faster, cheaper and more accessible. It is seen as a refreshing 21st century alternative to the traditional routes of borrowing and lending.
"Hip has incredible potential. It brings accessibility and transparency to the property market for owners, occupiers, investors and developers, and allows them to take control and leverage the balance of their debt to equity to their own advantage."Paul Danks,