With interest rates at historically low levels, traditional deposit accounts from high street banks and building societies now average well below 1%. Is it possible to achieve a fixed income of 5% or more?
Yes, with Bricks Finance as we offer a fixed income investment of 5% per annum. Bricks Finance has paid investors this fixed rate of interest every day of every year since we were founded in 2014. We pay even more for larger investments.
Our founders, Clive Banks, Will Michelmore and Jerry Rihll lend their own money alongside money from friends and family (about 30% of the Bricks Finance £20M fund is their own money, November 2020) and then Bricks Finance lends it to local people who need a loan and can provide security and a repayment plan to back it up.
So, although a loan to Bricks Finance it is not totally risk free, it is a very low risk as the fund is spread across multiple loans (24 loans in November 2020), and we only lend to local people we’ve met, trust and understand. This successful formula underpins the continuous and successful growth of Bricks Finance.
Due to the Financial Services and Markets Act (FSMA) 2000 which imposes restrictions on firms issuing or approving a financial promotion, Bricks Finance can only accept loans from high net worth individuals and sophisticated investors.
Next step: With this successful approach to lending, we are able to pay a fixed rate of interest that starts at 5% per annum. Higher rates are paid on larger sums. We are always interested in talking to potential investors who would like to invest alongside us so if you would like to find out more, please email one of our founders Jerry Rihll.
Bricks Finance makes regulated and unregulated loans. We are authorised and regulated by the Financial Conduct Authority for mortgage contracts but we are not authorised for all of the loans we provide. Your capital is at risk and is not protected under the Financial Services Compensation Scheme.
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Experience, standing by you
Founded in 2014 with over 90 years of combined property, finance and legal expertise, the Bricks Finance team help local people to access finance easily and quickly by offering bespoke lending using their own funds as well as those from investors.
founder and investor
founder and investor
founder and investor
What our customers say
Thank you for partnering with us on this project. It's been great to have had a knowledgeable funder who understood the project and allowed us to get on with doing what we do."
John & Sam, Property Development
I wanted a reasonable fixed rate of return with low risk. I like the way my money is combined with money from the other investors, the founders and their families to diversify the risk and to make loans in the South West."
Mrs B, Lyme Regis
It has been fantastic working with you all and we’ve appreciated your advice, support and efficiency throughout."
Vicki and Peter, Property Development
I invested because I trust the people behind Bricks and they are able to give me a much better rate of return than my bank. I like their business model and the way they focus on providing support for local businesses in the region which they know and understand.”
Mr R, Senior Partner with a Global Law Firm
I invested in Bricks over four years ago and have increased my investment several times since. The fixed rate of return is far better than anything available with the high street banks and I like to see where my money is being invested."
Mr A, Exeter
I love the fact that my money is being used constructively on projects throughout the South West and that I can see the tangible benefits that Bricks offers to both borrowers and investors."
We became investors in 2019 and invested more this year because we get a far better rate of interest and regular interest payments.”
Jeff and Karen, Exeter
Congratulations for the help you are giving to West Country businesses and your good stewardship of the investment funds.”
Peter and Gillian, Devon
The final part of my land assembly purchase has now completed. You made the whole financing aspect so easy from start to finish. Thank you all so much."
Ady, Loan For Land
I'm so happy and want to thank you with all my heart - you have enabled me to buy the property of my dreams!"
Chloe, Property Loan
We cannot thank you enough for helping get this over the line and the life-changing opportunities that are now on the horizon"
Jill, Property Finance
Thank you again so much for being completely brilliant. Thank goodness there are people like you, Clive, Will, Jerry and Lyn out there."
Tracey, Home Finance
Personally, I found the service from Bricks 11/10 in every aspect, and I would highly recommend."
Oli, Property Developer
Thank you so much for everything you have done to help us secure this purchase. We are finally looking forward to a good night's sleep now!"
Stuart and Emma, Dream Home Purchase
This would not have been possible without your support and faith in us to deliver the project. Bricks Finance took the time to understand it. It has made an amazing difference to our lives."
Nick, Solar Energy Park
This is our second deal and again we have achieved the first drawdown within 6 weeks from start to finish which is impressive!"
Richard, Finance Broker
Being able to purchase the site would not have been possible without the backing of Bricks."
Darren, Land Purchase
Bricks have given me the support I needed to do this. I couldn’t be happier to see it going up before my very eyes."
Russ, Beach House Development
When the guys from Bricks say they are going to back you they do, and it has been a real pleasure partnering with them on this project."
Matt, Property Development
I was really pleased with how quickly I had access to finance. I would recommend them to anyone looking to raise finance."
Jon, Property Development