Share Credit

ShareCredit (sharecredit.co.uk), operated by Share Credit Limited (Companies House 09540341), is a London-based peer-to-peer lending platform facilitating investments into individual loans, mainly UK property-related, for UK and international investors. Self-reported statistics covering 01/01/2016–31/03/2024 show £24.06m invested and a weighted-average annualised return of 8.25% on outstanding loans.

Regulatory note (important): the platform asserts FCA authorisation and lists FRN 719365 in some disclosures; this FRN and the firm's exact permissions should be verified on the FCA Register. Separately, the FCA Register shows a legitimately authorised firm named Share Credit Securities Limited (FRN 739124), and the FCA has issued a clone-firm warning for 'Share Credit Securities Ltd' impersonating that authorised firm. The name similarity has caused real consumer confusion — verify firm identity, contact details and FRN on the FCA Register before transferring funds.

Investors open an account, fund it and select individual loans from the platform's listings. Stated minimums: £10 on the primary market and no minimum for secondary-market resales. ShareCredit handles underwriting and loan administration; investors receive scheduled repayments where borrowers pay. An Innovative Finance ISA (IFISA) wrapper is offered for eligible UK investors.

So what: Understanding how capital is allocated (individual loans vs pooled funds), the ticket size and the presence of a secondary market helps you assess diversification and expected liquidity. P2P loans are typically less liquid than listed securities, and secondary-market depth for individual loans can be thin.

Multi-currency investment into individual, mainly property-related loans, via Classic accounts and an IFISA. The platform states 'no fees for investors', including no selling fees on secondary-market exits or at maturity — confirm in full terms before investing.

Self-reported performance: 'Actual average annual return in 2023' of 10% and a weighted-average annualised return of 8.25% across outstanding loans (to 31/03/2024). Credit performance reported as 0% overdue and 0% default on outstanding loans, with a weighted-average loan term of 1.29 years. These figures are self-reported and not independently audited. Loans are explicitly not covered by the FSCS.

Suitable for investors seeking exposure to short-term, property-backed P2P loans and comfortable with capital-at-risk, limited liquidity, UK property concentration and reliance on the platform's credit processes. The £10 primary-market minimum makes the platform accessible for small retail allocations; the IFISA wrapper may appeal to UK taxpayers wishing to shelter interest income.

So what: Match risk appetite and time horizon to loan terms and default risk. P2P loans can suffer periods of low recoverability and are not interchangeable with bank deposits or FSCS-protected products.