Effective as of 1 July 2021 (“Effective Date”), the minimum investment into each loan will be increased from £100 to £1,000. This applies to both Standard and IFISA accounts.
The minimum IFISA transfer in cash balance will be £1,000 as of the Effective Date. As previously, no restrictions apply to IFISA transfer outs.
The minimum amount that investors may sell or purchase loan parts on the secondary market will remain at £100 for now but may be increased in the future. Appropriate and timely notice will be made prior to any such change.
We are introducing these changes to streamline the management and administration of the lending platform.
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