--- title: Octopus Choice | Earn great interest. Invest alongside us. description: Invest alongside us in loans backed by bricks and mortar. We protect your money with ours. £10 minimum, quick and easy, no fixed term. image: https://octopuschoice.com/static-v2/img/social_media.png --- Your capital is at risk – read our [risk statement](https://octopuschoice.com/risks) for more details or dismiss. - [Risk statement](https://octopuschoice.com/risks) - [I’m an adviser](https://octopuschoice.com/adviser/welcome) - [Our statistics](https://octopuschoice.com/statistics) - [About us](https://octopuschoice.com/about) - [Login](https://octopuschoice.com/login) - [Get started](https://auth.octopusapi.com/signup?state=%2Fsignup%2F2&redirect_uri=https%3A%2F%2Foctopuschoice.com%2Foauth&client_id=3) [![](https://octopuschoice.com/static-v2/img/fb-dark.svg)](https://www.facebook.com/octopuschoice/) [![](https://octopuschoice.com/static-v2/img/twitter-dark.svg)](https://twitter.com/octopuschoice) [![](https://octopuschoice.com/static-v2/img/in-dark.svg)](https://www.linkedin.com/company/10543132/) # Invest in loans backed by bricks and mortar - Target an interest rate of around 4% a year - Invest in minutes, from just £10 - No fixed-term: ask to withdraw at any time - Your capital is at risk. You may get back less than you put in As seen on ![Financial Thing](https://explore.octopuschoice.com/hs-fs/hubfs/financial-thing.png?t=1539873487585&width=265&name=financial-thing.png "Financial Thing") [Get started](https://auth.octopusapi.com/signup?state=%2Fsignup%2F2&redirect_uri=https%3A%2F%2Foctopuschoice.com%2Foauth&client_id=3) Watch video Current rate 4.1% ? ![](https://octopuschoice.com/static-v2/img/mobile_mock.png) ![](https://octopuschoice.com/static-v2/img/computer.png) Grow your nest egg on bricks and mortar Invest in a portfolio of property-backed loans When you invest with Octopus Choice, we’ll put your money to work by lending it out to lots of different borrowers. We use their interest payments to offer you a great rate – and secure each loan against a property, just in case. ![](https://octopuschoice.com/static-v2/img/money-time.svg) Target interest of 4% a year Variable interest of 4% per year, paid monthly. You can even include it within your ISA, too. Your capital is at risk and interest is not guaranteed. ![](https://octopuschoice.com/static-v2/img/building.svg) Bricks & mortar security All loans secured against property, meaning they can be sold if a borrower defaults. You could be affected by a downturn. Instant access can’t be guaranteed. ![](https://octopuschoice.com/static-v2/img/money-coins.svg) Our money where our mouth is We invest 5% in every loan. You’ll get your money back before us; and earn all your interest before we earn any. This sort of investment isn’t covered by the Financial Services Compensation Scheme (FSCS). ![](https://octopuschoice.com/static-v2/img/stock.svg) Lending track record All loans sourced by Octopus Property; an experienced lender that’s lent nearly £3 billion since 2009. Past performance isn’t a reliable indicator of future results. [Get started](https://auth.octopusapi.com/signup?state=%2Fsignup%2F2&redirect_uri=https%3A%2F%2Foctopuschoice.com%2Foauth&client_id=3) [See how it works](https://explore.octopuschoice.com/financial-thing#how-to-section) [Trustpilot](https://uk.trustpilot.com/review/octopuschoice.com) General account or ISA account: the choice is yours General account - £10 minimum, no maximum. - Option to set up monthly investments from your debit card. - Re-invest your interest, or have it paid into your bank account. Neither capital nor interest is guaranteed. [Open a general account](https://auth.octopusapi.com/signup?state=%2Fsignup%2F2&redirect_uri=https%3A%2F%2Foctopuschoice.com%2Foauth&client_id=3) ISA account - Same investment, just within an ISA. - Earn tax-free interest on investments within your annual ISA allowance (£20,000 for the 2017/18 tax year). Tax treatment depends on individual circumstances and may be subject to change. - Option to transfer in existing ISAs – as well as set up monthly investments up to your annual allowance. [Open an ISA account](https://auth.octopusapi.com/signup?state=%2Fsignup%2F2&redirect_uri=https%3A%2F%2Foctopuschoice.com%2Foauth&client_id=3) [General account Signup  ![](https://octopuschoice.com/static-v2/img/arrow-right.svg)](https://auth.octopusapi.com/signup?state=%2Fsignup%2F2&redirect_uri=https%3A%2F%2Foctopuschoice.com%2Foauth&client_id=3) [ISA account Signup  ![](https://octopuschoice.com/static-v2/img/arrow-right.svg)](https://auth.octopusapi.com/signup?state=%2Fsignup%2F2&redirect_uri=https%3A%2F%2Foctopuschoice.com%2Foauth&client_id=3) The simplest choice you’ll make all day ![](https://octopuschoice.com/static-v2/img/screen01.png) [Get started](https://auth.octopusapi.com/signup?state=%2Fsignup%2F2&redirect_uri=https%3A%2F%2Foctopuschoice.com%2Foauth&client_id=3) Remember, your capital is at risk. You may get back less than you put in. Images for illustrative purposes only. Get started in minutes, from as little as £10 by investing via Bank transfer or Debit card. Automatically re-invest or withdraw your monthly interest. Set up your monthly investments to build your investment more quickly! Receive regular statements, and login anytime to view your dashboard. Since our launch in 2016, more than 4,000 people have invested over £120 million through Octopus Choice – and earned around £3.5 million of interest in the process. Past performance is not a reliable indicator of future results. ![](https://octopuschoice.com/static-v2/img/ILP17_Innovation-award.jpg) ![](https://octopuschoice.com/static-v2/img/2017AltFiAwardsBadge.png) - ![](https://octopuschoice.com/static-v2/img/mailonline.png) - ![](https://octopuschoice.com/static-v2/img/thesundaytimes.png) - ![](https://octopuschoice.com/static-v2/img/thetelegraph.png) - ![](https://octopuschoice.com/static-v2/img/cityam.png) - ![](https://octopuschoice.com/static-v2/img/dailymirror.png) [![](https://octopuschoice.com/static-v2/img/logo-light.svg)](https://explore.octopuschoice.com/) Peer to peer lending the way it should be. We're part of [![](https://octopuschoice.com/static-v2/img/logo-white.svg)](https://octopusgroup.com) Explore [Home](https://explore.octopuschoice.com/) [About us](https://octopuschoice.com/about) [Blog](https://octopuschoice.com/blog) [FAQ](https://octopuschoice.com/faq) [I'm an adviser](https://octopuschoice.com/adviser/welcome) Members [Login](https://octopuschoice.com/login) [Open an account](https://auth.octopusapi.com/signup?state=%2Fsignup%2F2&redirect_uri=https%3A%2F%2Foctopuschoice.com%2Foauth&client_id=3) [Contact us](https://octopuschoice.com/contact) Follow [![](https://octopuschoice.com/static-v2/img/fb-light.svg) Facebook](https://www.facebook.com/octopuschoice/) [![](https://octopuschoice.com/static-v2/img/twitter-light.svg) Twitter](https://twitter.com/octopuschoice) [![](https://octopuschoice.com/static-v2/img/in-light.svg) LinkedIn](https://www.linkedin.com/company/10543132/) Legal [Privacy](https://octopuschoice.com/privacy) [Risk statement](https://octopuschoice.com/risks) [Terms & conditions](https://octopuschoice.com/terms) [Complaints](https://octopuschoice.com/complaints) Octopus Choice is not a cash savings account: the value of an investment and any income from it, can fall or rise. You may not get back the full amount you put in. Your capital is at risk if you invest. Peer-to-peer investments are not protected by the Financial Services Compensation Scheme (FSCS). Money invested through Octopus Choice is concentrated in property and could be affected by market conditions. For the same reason, instant access cannot be guaranteed. We do not offer investment or tax advice. We recommend investors seek professional advice before deciding to invest. Octopus Choice is offered by Octopus Co-Lend Limited, which is fully authorised and regulated by the Financial Conduct Authority (reference number 722801). Registered office: 33 Holborn, London EC1N 2HT. Registered in England and Wales No. 08913299. When you invest through Octopus Choice, your money is lent to carefully selected borrowers seeking finance. 1**Your money is at risk** Octopus Choice isn’t a cash savings account; the reason we can offer such a great rate is because we allow you to invest in secured loans. The ability to recoup all the capital and interest on these loans is determined by the ability or willingness of the borrower to repay (which could be affected by fraud) and the underlying value of the asset (which could be affected by a material downturn in the property market). As such, we can’t guarantee that you will get all of your capital back, or earn all of your interest. 2**Your investment is not FSCS protected** It’s important to know that your investment is not covered by the Financial Services Compensation Scheme (FSCS). Your capital and interest are at risk. 3**We can’t guarantee instant access** Though we’ll do our best to give you access to your money as quickly as possible, we can’t guarantee instant access. This is because your money is allocated to loans: our ability to provide access prior to the full repayment of these loans relies on other lenders purchasing your part of each loan. If we can, we’ll buy your loan parts to speed up your withdrawal. We’ll always try, but we cannot make any guarantees. We’ll also publish the average time it takes for customers to withdraw their money on our website. 4**It could take time to spread your money** Our aim is to spread your money across 40 loans, but to do so will take time. Until then, your money will be concentrated in a smaller number of loans, meaning the impact of any individual non-performing loan on your overall investment will be greater. Though in time we might move into other similarly secured asset classes, to begin with your money will only be invested in loans secured against property. So how do we manage these risks? 5**We invest with you in every loan – and would lose our money first** Octopus invests 5% in each and every loan. We would lose that money before you would lose any of yours – protecting you against the initial loss of interest or capital. That means for each loan, you get your capital back before we get ours, while you also receive your interest first. If a loan were to stop performing as expected, all of the interest ever earned by us on that loan would be sacrificed to pay any remaining interest that’s due to you. 6**We’ll pursue any missed payments or defaults on your behalf** Octopus will pursue any missed payments on your behalf and, if necessary, repossess a property to recover what’s owed to you. 7**We conduct thorough due diligence** We only make loans if we’re confident that we can get the money back. To be sure we can, we carefully examine three important criteria: 1. The asset: we conduct thorough due diligence on the underlying assets – including, where necessary, an independent professional valuation 2. The borrower: we conduct in-depth analysis of each borrower’s financial position, assessing their credit history and undertaking comprehensive identity and fraud checks 3. The exit: the borrower’s ability to pay back the loan 8**We only make ‘conservative’ loans** All loans are secured against physical assets at a maximum ‘loan to value’ ratio of 76%, and an average of 62% – giving you a substantial cushion of at least 30% should the value of the property fall. 9**We keep your money separate from ours** We’ll do our best to ensure your money is always at work. But any money that hasn’t yet been allocated to loans will be held in trust within segregated ‘client money’ bank accounts at HSBC. In the unlikely event of our insolvency, this money would be inaccessible to us – and covered by FSCS protection. The security charge over properties is also held in trust for you. We’re subject to regular compliance reporting and checks, and are a financially healthy firm with £5.6 billion of assets under management – but in the very unlikely event that we should cease trading for any reason, we’re required by the Financial Conduct Authority (FCA) to hold additional capital for an orderly wind-down, so as not to disadvantage our customers. 10**We manage any potential conflicts of interest** We treat all of our customers fairly, and don’t favour new customers over old. We deal with all requests to deposit or withdraw money on a strictly first-come, first-served basis. We do make similar types of secured loans available for investment by other customers, through different products – but loans are allocated between these different products according to agreed criteria, and overseen by a separate allocations committee. We also lend with our customers and put our investment at risk before yours, to align our interests. Because you get your initial investment back before us, and also earn your share of the interest first, we earn a higher rate of interest on our loan investments. We think it’s a fair way of giving you a great rate, all the while knowing that your money is invested in secured loans that we source, administer and invest in, too. Current target rate 5.7% \*The target rate is the blend of all loans that are currently open for investment. It’s calculated and updated regularly. It shows the estimated return you can expect to receive by investing at a given time. All interest is paid gross of tax – how much you will have to pay depends on your individual circumstances and may change in the future. Your actual return could be higher or lower, depending on how much and when you invest, and how the loans in your portfolio perform. 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