2nd May 2018
LandlordInvest Limited ('LandlordInvest' or the 'Company')
LandlordInvest.com, a fully FCA authorised peer-to-peer (P2P) lending platform who last year became one of the first P2P platforms in the UK to offer a property-backed Innovative Finance ISA (“IFISA”), has today released its second annual IFISA statistics.
The finding shows that LandlordInvest’s IFISA has since launching its IFISA attracted more than £2 million in ISA subscriptions with an average subscription per ISA account of £11,6691. This includes more than half million ISA subscriptions that were transferred in from mainly Cash or Stocks & Shares ISAs, evidencing investors growing appetite for the new tax-free wrapper which enables investors earn up to 12.3% per annum2.
Findings from the 2017-2018 tax year show that:
Filip Karadaghi, LandlordInvest’s Managing Director, said: “We have widely surpassed our own forecasts and attracted substantially more ISA subscriptions than expected (Editors note: £1 million in ISA subscriptions were forecasted). Such impressive results are testament to the benefits that investors recognise in our property-backed IFISA: the potential to earn higher and inflation beating returns than offered by Cash ISAs, and without exposure to or correlation with the volatile stock markets as with Stocks & Shares ISAs.
We are looking to maintain this rate of progress in the coming years, by continuing innovating the alternative finance and ISA industry and developing our position as one of the leading providers of the property-backed IFISAs”.
- Ends –
Filip Karadaghi, Chief Executive
Tel: +44 (0)207 406 1491
Nikolajs Smirnovs, Chief Financial Officer
Tel: +44 (0)207 406 1491
What is LandlordInvest Limited?
LandlordInvest is a fully FCA authorised secured peer-to-peer lending platform and an ISA manager within the fast-growing peer-to-peer lending industry. We provide a marketplace where lenders can earn higher returns, than lending through other peer-to-peer lending platforms, by lending to borrowers that have difficulties obtaining financing from high street lenders. Secured lending means that all our loans are always secured by property.
Our customers are:
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