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investors
Kuflink is a UK peer-to-peer platform where you lend to property investors and small businesses, mostly through short bridging loans secured on UK property. Its group has made bridging loans since 2011 and has run the online platform since 2017. By 14 October 2026 investors had put £447.8 million into loans and £384.9 million had been repaid. The platform is under restrictions from the UK regulator, the FCA, and stopped taking on new clients in 2025 (see below).
You pick individual loans in Select Invest from £500, inside a normal account or a tax-free Innovative Finance ISA. Loans start from 3 months. Kuflink also ran an automatic product (Auto and the IF-ISA pool) that spread money across loans; it is closed to new money. A loan offered in September 2026, for example, paid 6.43% gross a year at a loan-to-value of 60%.
Kuflink advertises up to 9.9% a year gross. Its own outcome figures show an average interest rate of about 8.8% a year on Select Invest loans in the year to 27 April 2025, up from about 6.8% to 7.3% in 2017 to 2023; the automatic pool paid about 7% to 9.5% by term. These are interest rates before losses. Until September 2025 Kuflink covered shortfalls itself, so investors usually received them; no return after losses has been published since that cover ended.
Defaults rose sharply. Kuflink counts a loan as in default 180 days after a missed payment. By value, 8.77% of loans were in default in 2023, 16.00% in 2024 and 18.74% in 2025, and 9.27% on 27 April 2026; before 2023 the rate was 0% to 1.26%. Across all loans 13.8% were repaid late. Kuflink paid £315,027.30 of investor shortfalls from its own funds in the year to April 2025, but it publishes no losses that investors have carried since 25 September 2025 and no recovery rates.
Kuflink loans are secured on UK property: mostly a first legal charge, and on some loans a second charge. The average loan-to-value at the start was 63% across all loans and 69% on the active loan book (April 2026). Until 25 September 2025 Kuflink chose to cover investors' shortfalls from its own money: it paid £315,027.30 for three loans in the year to 27 April 2025. That cover has ended, and investors now get only what borrowers repay or what is recovered. This was never a buyback or a guarantee. Kuflink publishes no recovery rates, and 9.27% of loans by value were more than 180 days past a missed payment in April 2026. According to the FCA register as reported in December 2025, lending to parties connected to Kuflink was banned, after such loans had been made through auto-invest. Recovery fees on a failed loan are paid before investors.
The platform is run by Kuflink Ltd (company 08460508, Gravesend, England), authorised by the FCA as an online P2P platform, firm reference number 724890, and approved by HMRC as an ISA manager since May 2017. According to the FCA register as reported in December 2025, Kuflink needs the FCA's written consent before taking on new clients (in effect since mid-August 2025), and in mid-November 2025 its auto-invest accounts were closed to further lending and lending to connected parties was banned. The restriction on new clients was still reported in April 2026. The platform reported £0 of new lending in April 2026, though it later listed new loans, one advanced in September 2026.
Investors pay no fee to open an account or to lend. Selling a Select Invest loan part on the secondary market costs 1% for the seller; buying is free, and the Auto secondary market is free. Leaving a loan early outside the secondary market is at Kuflink's discretion and costs at least 2% or £500, whichever is higher, and you lose the accrued interest.
Uninvested cash can be withdrawn to your UK bank account at any time. Invested money is tied up until the loan is repaid, unless another investor buys your loan part on the secondary market, which is not guaranteed. With 13.8% of loans repaid late and 9.27% in default, many investors wait longer than planned.
Return: Medium, from an average interest rate of about 8.8% a year on Select Invest loans. Risk: Very high (higher means more risk): 9.27% of loans by value are in default, which on its own would give Medium; we set risk two steps worse, at Very High, because Kuflink no longer covers shortfalls and the FCA has restricted the platform. Risk-return: Very low, because the return does not make up for these risks.
License / Regulation: Kuflink Ltd (company 08460508) is authorised and regulated by the UK Financial Conduct Authority as an online P2P platform, firm reference number 724890, and is an HMRC-approved ISA manager (Z1943) since May 2017. According to the FCA register as reported in December 2025, it may not take on new clients without the FCA's written consent (since mid-August 2025), its auto-invest accounts are closed to further lending and lending to connected parties is banned (since mid-November 2025). Investments are not covered by the FSCS.
Yes. Kuflink Ltd is authorised by the FCA as an online P2P platform, firm reference number 724890. According to the FCA register as reported in December 2025, it needs the FCA's written consent to take on new clients (since mid-August 2025), its auto-invest accounts are closed to further lending and lending to connected parties is banned (since mid-November 2025).
Probably not at the moment. According to the FCA register as reported in December 2025 and again in April 2026, Kuflink may not take on new clients without the FCA's written consent. Existing investors can still use their accounts.
Uninvested cash is client money in a segregated account at NatWest Bank plc, under the FCA's CASS 7 rules. If Kuflink failed, it would be held on statutory trust for investors. Corporate accounts are not covered by these rules. Money lent to borrowers is not covered by the FSCS.
£500 per loan in Select Invest.
Select Invest loans paid an average interest rate of about 8.8% a year in the year to 27 April 2025, before losses. 9.27% of loans by value were in default on 27 April 2026, after 18.74% in 2025. Kuflink covered shortfalls itself until 25 September 2025 (£315,027.30 in 2024/25); losses since then are not published.
A legal charge over UK property, usually a first charge, at an average loan-to-value of 63% across all loans (69% on active loans, April 2026). There is no buyback or guarantee, and Kuflink no longer covers shortfalls. No recovery rates are published.
Uninvested cash can be withdrawn at any time. Invested money stays in the loan until it is repaid unless you sell on the secondary market (1% seller fee), and a buyer is not guaranteed. Leaving early through Kuflink costs at least 2% or £500 and is at its discretion.
No fee to open an account or to lend. Selling on the Select Invest secondary market costs 1%; buying is free. Early exit through Kuflink costs at least 2% or £500, whichever is higher, plus the accrued interest.
Yes. Kuflink offers an Innovative Finance ISA for permanent UK residents, using the yearly ISA allowance. The ISA does not change the risk of the loans.
If a borrower fails, Kuflink can enforce the charge or appoint a receiver; recovery fees are paid before investors, and recovery can take a long time. If Kuflink failed, uninvested cash is held on statutory trust, and Kuflink has published wind-down arrangements for running off the loans. The FSCS does not cover the loans.
