Reporting for transparency
Our commitment to keeping investors informed
We are required by the Financial Conduct Authority (FCA) to report loan performance outcomes annually as part of our Outcomes Statement. In addition, we voluntarily publish quarterly default statistics to provide ongoing transparency to our investors.
Every FOLK2FOLK loan is secured against UK land or property, and we take a tailored recovery approach to maximise outcomes for investors. A default does not automatically result in a loss.
Quarterly performance data
Loan defaults by quarter
Data covers the most recent eight quarters and is based on the FCA definition of default: when the borrower is past the contractual payment due date by more than 180 days.
| QUARTER (Our FY) | INVESTOR CAPITAL LOSSES1 | NUMBER OF BORROWERS IN DEFAULT2(Late payment) | DEFAULT RATE AS % OF LOAN BOOK3(Late payment) | NUMBER OF BORROWERS IN DEFAULT2(All Events) | DEFAULT RATE AS % OF LOAN BOOK3(All Events) |
|---|---|---|---|---|---|
| Q1 2026 (Feb- Apr) | £0 | 25 | 19.97% | 35 | 22% |
| Q4 2025 (Nov- Jan) | £0 | 23 | 18.44% | 29 | 19.04% |
| Q3 2025 (Aug - Oct) | £18,528 | 22 | 11.71% | 29 | 12.70% |
| Q2 2025 (May – Jul) | £0 | 22 | 13.53% | 34 | 15.18% |
| Q1 2025 (Feb – Apr) | £0 | 19 | 13.14% | 29 | 14.6% |
| Q4 2024 (Nov – Jan 2025) | £0 | 15 | 9.61% | 27 | 12.07% |
| Q3 2024 (Aug – Oct) | £0 | 12 | 6.89% | 26 | 10.18% |
| Q2 2024 (May-Jul) | £0 | 12 | 6.3% | 25 | 9.09% |
| Q1 2024 (Feb – Apr) | £0 | 9 | 4.69% | 24 | 10.49% |
| Q4 2023 (Nov – Jan 2024) | £0 | 8 | 5.02% | 24 | 9.39% |
Source: FOLK2FOLK
Table notes
The data within this table is based on the calculations required by the FCA.
- This number is the actual amount of investor capital lost during the reporting quarter.
- This number is the average actual number of borrowers in default during the reporting quarter.
- Average actual default rate over the reporting quarter as a % of the outstanding loan book.
Related information
Learn more about how we manage defaults
Understanding how defaults are handled is an important part of making informed investment decisions. In this section, you’ll find detailed information about our recovery processes, how we work to protect investors, and the risks you should be aware of before investing. Explore the links below to gain a fuller picture of how FOLK2FOLK manages defaults with transparency and care.
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