BLEND

What BLEND does

BLEND (Blend Loan Network Limited) is a UK-authorised peer-to-peer property lending platform that intermediates development finance between experienced property developers and a mixed pool of individual, family office, and institutional capital providers. Founded in 2017 and headquartered in London, the company originates secured loans typically ranging from £1M to £10M for acquisition, refurbishment, ground-up development, conversion, exit, and bridging purposes, priced at 65-75% LTGDV. Its technology stack comprises a web-based electronic auction platform with paperless credit approval, automated KYC/AML integrations (MangoPay for payments; Creditsafe, TransUnion, North Row, and Experian for identity and credit checks), an AutoLend automated investment tool, a Secondary Market for trading loan participations, and an IFISA wrapper for tax-advantaged retail investment.

BLEND monetises across five revenue streams: borrower arrangement fees and capital commitment fees deducted at drawdown, monthly services fees throughout the loan term, a 0.6% fee on secondary market loan transfers, and a £75 failed direct debit penalty. Capital is sourced from a £120M debt facility provided by a consortium of family offices (April 2022), alongside retail and high-net-worth investors participating via the platform. The company is FCA-regulated (Registration Number 913456), GDPR-registered, and operates exclusively within the UK with a staff of 11-50. As of 2026, the platform has originated 250 loans totalling £216.6M in GDV with zero capital losses, an unusually strong credit track record supported by an underwriting acceptance rate below 2%.

Name

BLEND

Legal name

Blend Loan Network Limited

Website

https://blendnetwork.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

BLEND is a UK FCA-regulated peer-to-peer platform that provides £1M-£10M development finance to experienced property developers, funded by retail investors, family offices, and a £120M institutional facility. It has originated 250 loans since 2017 with zero capital losses.

Ownership category

akta.pro rank

Product category

Real Estate Development Finance

NAICS

Mortgage and Nonmortgage Loan Brokers (52231), Real Estate Credit (522292)

SIC

Loan Brokers (6163)

akta.pro primary industry

P2P Small Business / SME Marketplace Lending (FSAKAHAC)

akta.pro secondary industry

Real Estate / Property-Backed Marketplace Lending (Non-mortgage) (FSAKAHAG)

Keywords

• Development finance lending
• Peer-to-peer lending
• Property development loans
• Real estate investment platform
• Bridge loan financing

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Borrower Arrangement Fees: Arrangement fee payable by the Borrower to BLEND agreed by the Borrower and BLEND, deducted from the Loan at drawdown
2. Capital Commitment Fee: BLEND capital commitment fee payable by the Borrower to BLEND as agreed, deducted at loan drawdown
3. Ongoing Services Fees: Monthly services fees charged to borrowers throughout the loan term, including accrued interest payments
4. Secondary Market Fee: 0.6% fee on sale of loan participations on the secondary market, charged to selling lender member
5. Failed Direct Debit Penalty: £75 penalty fee payable to BLEND by the Borrower if direct debit fails

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

BLEND operates a peer-to-peer (P2P) property lending platform that connects experienced UK property developers seeking mid-market development finance (£1m-£10m) with retail, high-net-worth, family office, and institutional investors willing to fund real estate development projects. The company originates acquisition, refurbishment, ground-up, conversion, developer-exit, and bridging loans secured by first charge on property, and matches that lending capital via an electronic auction platform supported by tools such as AutoLend and a secondary market for loan participations.

Product overview

BLEND operates as a peer-to-peer property lending platform connecting experienced UK property developers with investment capital from institutional and individual investors. The core Blend Network Platform serves as the marketplace, supported by Development Finance Loans product for borrowers and an Investment Platform for lenders. Key platform features include the Secondary Market for loan trading, the AutoLend automated investment tool, and a Bidding Bonus Programme for high-value investors. Returns between 8-12% p.a. are secured against first charge on property, with typical loan sizes of £1m-£10m at 65-75% LTGDV. The platform also supports IFISA for tax-advantaged returns.

Differentiator

Problem solved

Functional benefit

Products and services

• Development Finance Loans Secured property development financing for experienced UK property developers, including acquisition, refurbishment, ground-up construction, conversion, developer exit, and bridging loans typically ranging from £1m to £10m at 65-75% LTGDV with fixed interest rates and first charge senior security.
• Investment Platform Web-based investment platform enabling individual, high-net-worth, family office, and institutional investors to co-invest in secured UK property development loans with advertised returns of 8-12% p.a., monthly interest payments, and first charge security on underlying property assets.
• Secondary Market On-platform secondary market for trading loan participations, allowing existing lenders to sell their loan positions to other investors before loan maturity.
• Innovative Finance ISA (IFISA) Tax-advantaged ISA wrapper allowing returns from peer-to-peer lending through the BLEND platform to be earned tax-free within annual ISA subscription limits.
• AutoLend Tool Automated investing facility that allows investors to pre-set lending criteria and automatically deploy capital across loans that match their selected preferences, eliminating the need to manually select individual loan auctions.
• Bidding Bonus Programme

Quantifiable outcome

• 0% capital losses across all 250 loans originated since 2017
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• MangoPaycoreTechnology or IntegrationMangoPay is the payment service provider for the Blend Platform. MangoPay U.K. Ltd is an Electronic Money Institution authorised by the FCA (reference number 984753). Services include: holding lender member funds in e-wallets, processing loan drawdowns and repayments, and arranging fund transfers to designated bank accounts.
• CreditsafecoreTechnology or IntegrationCredit reference agency used for creditworthiness assessment, identity verification, and fraud prevention. Creditsafe Business Solutions Limited is authorised and regulated by the FCA (FCA Firm Reference Number: 742313). Uses data partner TransUnion for consumer credit and identity data.
• TransUnioncoreTechnology or IntegrationCredit data partner supplying consumer credit and identity data through Creditsafe. TransUnion International UK Limited is authorised and regulated by the FCA (FCA Firm Reference Number: 805757). Used for anti-money laundering checks and fraud prevention.
• North Row (formerly Contego)coreTechnology or IntegrationCredit reference and fraud prevention agency partner used for identity verification and compliance checks alongside other credit reference agencies.
• ExperiancoreTechnology or IntegrationCredit reference agency used for credit checks and affordability assessments in the lending process.
• Blend (Security Trustee) LimitedcoreOthersRelated entity (company number 10710874) that acts as security trustee on behalf of lender members in relation to security held for loan documents, and enforces security in consultation with BLNL.
• Hampshire Trust BankminorOthersManaging Director David Alcock previously spent over eight years as Managing Director and founding member of the Development Finance team at Hampshire Trust Bank before joining BLEND in 2022.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• LendInvest: Largest UK peer-to-peer and specialist property finance platform, offering development finance, buy-to-let, and bridging loans. Directly competes with BLEND in the SME development finance segment and serves both retail investors and institutional capital.
• CrowdProperty: UK P2P platform focused specifically on residential property development finance. Operates a similar model to BLEND — matching property developers with individual and institutional investors — with comparable loan sizes and risk-return profile.
• Kuflink: UK peer-to-peer lending platform specializing in property-backed loans including bridging and development finance. Directly comparable to BLEND on product, target borrower segment, and FCA-regulated P2P structure.
• Assetz Capital: Established UK P2P platform offering property-secured loans including development finance and bridging. Competes with BLEND in the same property-backed P2P lending niche with comparable target returns and FCA regulation.
• Proplend: UK P2P platform focused on commercial property lending, including development and bridging finance. Comparable to BLEND on platform-based property lending model and investor base, though tilted more toward commercial assets.
• Landbay: UK P2P platform focused on buy-to-let mortgage lending with institutional capital backing. Comparable P2P property lending model with similar FCA regulation and investor demographic, though focused on BTL rather than development.

Broad incumbents

• Octopus Real Estate: Larger UK real estate private credit and investment manager, part of Octopus Group. Competes with BLEND for institutional real estate debt allocations and recently hired BLEND's Senior Portfolio Manager Reits Elnionis — demonstrating overlap in talent and product space.
• Hampshire Trust Bank: UK specialist challenger bank with a dedicated development finance division where BLEND MD David Alcock previously led origination for 8+ years. Direct competitor in £1m-£10m development finance with deeper balance sheet funding.
• Secure Trust Bank: UK specialist challenger bank with a Real Estate Finance division that employed BLEND's Underwriting Director Duncan Armstrong. Directly competes in the SME development finance segment with bank-balance-sheet funding.

Emerging players

• British Pearl: Smaller UK P2P property investment platform offering fractional ownership and lending exposure to residential property. Comparable to BLEND on UK P2P property investor base, though more retail-focused and with a different primary product structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/blend-network
• Xx.com/network_blend
• Facebookfacebook.com/blendnetwork

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BLEND