Here at LandlordInvest we take a keen interest in data, whether it be financial, market trends, usage statistics. Today we take a look at some usage statistics from our Innovative Finance ISA (IFISA).
The IFISA account is proving very popular with 22.4% of our registered investors having already opened one.
An average IFISA investor has deposited £2,404 into their account, vs £1,945 for Standard accounts - nearly £500 more.
But it's how the demographics break down that offers a particularly interesting insight into the audience. 32% of our Standard accounts are registered to investors living in London, whereas only 21.4% of IFISA accounts are.
This attests to the IFISA's appeal amongst a broader profile of investor.
Our IFISA statistics are available here.
To find out more about our property-backed IFISA, please see our dedicated IFISA page available here.
Our blogs are for information purposes only. This content is not financial, legal or tax advice. Should you require any advice in relation to the earnings you make from LandlordInvest we recommend seeking independent professional advice. The information in this blog is correct at the time of posting.
Don't invest unless you're prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
LandlordInvest Limited is authorised and regulated by the Financial Conduct Authority (FCA) (FRN 660926). LandlordInvest Limited is not covered by the Financial Services Compensation Scheme (FSCS).
Loans provided to borrowers through LandlordInvest are provided solely for business purposes. Loans are therefore not regulated by the Financial Services and Markets Act 2000 or the Consumer Credit Act 1974. You should seek independent legal advice if you are in any doubt as to the consequences of the loan not being a regulated agreement under those Acts.
LandlordInvest Limited (Company No. 09245725), registered office 330 High Holborn, London, WC2A 1HL
