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CrowdProperty announces IFISA launch date.
CrowdProperty (www.crowdproperty.com), the specialist property peer to peer lender, announces IFISA launch date.
On 23rd February 2018, CrowdProperty is set to launch its Innovative Finance ISA (IFISA). Existing lenders will be able to take advantage of this year’s ISA allowance of up to £20k and transfer existing ISA funds into the CrowdProperty ISA.
CrowdProperty offers their lenders first charge security (just like the security and rights a mortgage company holds) on all loans to professional property businesses and an 8% interest rate (which will be tax free under the IFISA wrapper). CrowdProperty has a 100% payback record and is fully authorised and regulated by the FCA.
Quote from Simon Zutshi, Founder and CEO of CrowdProperty:
“We offer carefully curated, secured lending opportunities to our retail lender-base and we are very excited to be able to offer our lenders the opportunity to earn more on their money through an ISA tax wrapper. This makes our offer even better, especially when our 100% payback record and our insistence on 1st charge security is considered.”
(www.crowdproperty.com), the specialist property peer to peer lender, announces IFISA launch date.
On 23rd February 2018, CrowdProperty is set to launch its Innovative Finance ISA (IFISA). Existing lenders will be able to take advantage of this year’s ISA allowance of up to £20k and transfer existing ISA funds into the CrowdProperty ISA.
CrowdProperty offers their lenders first charge security (just like the security and rights a mortgage company holds) on all loans to professional property businesses and an 8% interest rate (which will be tax free under the IFISA wrapper). CrowdProperty has a 100% payback record and is fully authorised and regulated by the FCA.
Quote from Simon Zutshi, Founder and CEO of CrowdProperty:
“We offer carefully curated, secured lending opportunities to our retail lender-base and we are very excited to be able to offer our lenders the opportunity to earn more on their money through an ISA tax wrapper. This makes our offer even better, especially when our 100% payback record and our insistence on 1st charge security is considered.”
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