"We will no doubt see significant change over the coming months, but agile peer-to-peer platforms are in prime position to capitalise on this opportunity."
John Goodall, CEO and founder of Landbay, said that "while Brexit has forecasters speculating about the future of the economy this morning, the outcome will do little to disrupt the resilience of the UK’s established buy-to-let sector".
The peer-to-peer sector believes its diverse funding bases will help it absorb any economic shock following the Referendum with Bruce Davis, cofounder of Abundance, stating that "if anything, the pressure will be positive as Brexit is likely to increase energy price inflation and thus any variable returns on our projects".
He says that "this reflects a key advantage of the more secure and stable returns paid on the investments we offer, providing our investors with some valuable calm in these stormy times.”
John Goodall agreed that "investors in the sector are uniquely insulated from that storm".
He added: "The private rental sector is built on strong foundations. Buy-to-let mortgages were one of the best performing types of loans throughout the credit crisis, and we believe demand for rental property will continue to outstrip supply, while average rents will continue to increase above the rate of inflation.
"We will no doubt see significant change over the coming months, but agile peer-to-peer platforms are in prime position to capitalise on this opportunity. At a time when investors are tripping over themselves to find an alternative to the equity markets, the strength of the rental sector makes buy-to-let backed peer-to-peer mortgages a sound and predicable investment proposition.”
Christian Faes, co-founder & CEO of LendInvest, agreed, stating that the firm doesn't anticipate a "wide-scale crisis of 2008 proportions".
Discussing implications for the property market, Faes added: "The fundamentals of the property market have not simply u-turned overnight. The country remains in the grip of a huge housing deficit providing the foundation for the market, and property will always be an attractive asset class.
Where there are shocks, there are opportunities too. Brexit may provide an opening for the UK housing market to cool and reset in areas where rising houses prices are stifling buying power. However we are firmly of the view that downward momentum will be offset by a much weaker pound, prompting overseas interest in property again.
Karteek Patel, CEO of Crowdstacker, commented: "Most platforms, including Crowdstacker, champion British businesses, enabling investors to support the economy through investment in innovation and development, both of which ultimately create progress.
"We also believe that medium sized British businesses that have excellent business models, experienced management teams and strong track records can thrive in an independent Britain."
