RateSetter: Trusted Peer-To-Peer Lending


RateSetter believes UK lenders should get more and borrowers should pay less. By cutting out the costs and inefficiencies of traditional banking, RateSetter delivers a better deal for all. So creditworthy borrowers who want low cost loans are quickly matched with smart lenders looking for better returns.

With Ratesetter, Lenders Get More, Borrowers Pay Less

RateSetter Lends To Personal And Commercial Borrowers

They could be borrowing to purchase a new car, make a home improvement or grow their business.  Whatever the purpose for the loan, personal and commercial borrowers who are accepted are creditworthy and have been rigorously assessed by RateSetter’s specialist Credit Underwriting Teams against stringent criteria.

Key Benefits Of Lending On RateSetter

  • RateSetter gives you control of your money
  • Start lending with as little as £10
  • No teaser rates that drop after the first year
  • Get to your money anytime for a small fee with the sell-out option, even if you lend for five years
  • You have access to the best market rates, or you can set your own
  • It's easy to transfer money in and out of your chosen current account from your SIPP or SSAS Bank Account
  • All staff are UK-based and know the products inside-out, so they're ready to help

RateSetter’s Provides Reassurance With Its Provision Fund

The Provision Fund covers all borrower and loan types.  It has a 100 per cent track record of protecting lenders from defaults.  The Provision Fund is not a guarantee and your money isn't protected under the Financial Services Compensation Scheme (FSCS).

Discover More About RateSetter

Visit the RateSetter website for full details.

SIPP And SSAS Lending On RateSetter

To discover whether investing your SIPP or SSAS money in crowdfunding and peer-to-peer lending is appropriate for your circumstances, please complete all the fields of the form below.

  • Please tick all relevant boxes.
  • For example: Personal Pension with Legal & General; Final Salary Pension with British Telecom.
  • Typically, you'll need to have a fund value of at least £50,000 and better still, around £100,000 to cover the annual fees and to make it economic.
  • Please tick all relevant boxes.
  • I understand SIPPclub will not provide me with any personal financial advice, and that SIPPclub neither advises on nor recommends specific investments or strategies. I accept that SIPPclub's role is to enable me to make informed financial decisions through the provision of information, and where relevant, by referral to providers of products and services appropriate to my needs. I agree to being subscribed to SIPPclub’s weekly newsletters, and I understand I can unsubscribe from them at any time. I’ve read and agree to SIPPclub's Terms and Privacy policies shown in the footer of this web page.

Crowdfunding And Peer-To-Peer Risk Warning

When a platform has been assessed and approved by a SIPP or SSAS operator, this does not imply that any loan or investment opportunity is endorsed in any way. A SIPP or SSAS operator's due diligence review is limited to ensuring the processes and procedures of the platform are in line with both FCA and HMRC principles.  It's entirely your responsibility for carrying out your own due diligence on any loan or investment opportunity before agreeing to lend or invest your pension money on a platform. As a SIPP or SSAS operator will continually review platforms from a regulatory perspective, it's possible for a platform to become 'unapproved' if something changes.

With peer-to-peer lending, your capital is at risk if you lend to individuals and businesses.  You may lose some or all of the capital lent if the borrower defaults and is unable to meet its liabilities. Historic loan default rates are not necessarily indicative of future default rates.  In addition, lending is an illiquid investment, which means you may not be able to access the capital you lend for the duration of the loan period, even if the platform offers a secondary market.  Investing in any business involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdfunding is generally targeted at investors who are sufficiently sophisticated to understand the risks and make their own investment decisions, based on their knowledge, experience and financial capacity. Neither crowdfunding nor peer-to-peer lending is covered by the Financial Services Compensation Scheme. The tax treatment of your investment is dependent on your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of crowdfunding investment or peer-to-peer lending, you should consult a suitably qualified independent financial adviser.


As SIPPclub neither advises on, nor arranges, nor recommends specific investments or strategies, we're unable to say whether a SIPP or SSAS or any investment within it is right for you. Ultimately, it’s your money and your decision, and you should only proceed once you're satisfied you've undertaken sufficient due diligence. If you need advice, you should speak to your trusted adviser, or you could find a local adviser from Unbiased.co.uk.  Alternatively, we'd be pleased to introduce to a suitably qualified independent financial adviser.

Please read our full Terms which includes criteria for SIPPclub membership.