Innovative Finance ISA launched by property investment platform

Innovative Finance ISA launched by property investment platform


Todays other news
Investors enjoying capital appreciation as housing market rises...
Flats come to market with potential £1m annual rental income...
How should buyers judge the price of a property on...
Shop Drop - retail footfall declines in September...


Property Partner has announced the launch of an Innovative Finance ISA. The property investment platform, which recently created its first opportunistic fund and sold its first properties, was launched in January 2015 by Daniel Gandesha and has been used by more than 13,000 people since then.

Its latest initiative, the Innovative Finance ISA, is designed to shield investors from income and capital gains tax liability on their investments. As with a normal ISA, investors are allowed to place up to £20,000 per year into an Innovative Finance ISA account, which may then be used to invest in lending opportunities through online platforms.

Property Partner provides development loan opportunities to its investors – targeting returns of up to 10% per year. These will now be eligible for their Innovative Finance ISA wrapper. 

The firm says investors can open an ISA account to sit alongside their standard account and can transfer in ISA accounts from other providers.

“We’ve introduced the IF-ISA wrapper to enable our investors to maximise returns from the increasing number of loan opportunities we are bringing to our platform,” Marshall King, chief executive of Property Partner, said.

“It further broadens our appeal to active investors seeking strong returns from property backed investment opportunities.”

The platform says it now manages more than 900 tenanted units valued at over £133m. You can find out more about the Property Partner Innovative Finance ISA here.  

 

Share this article ...

Join the conversation: Login and have your say

Subscribe to comments
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Investors enjoying capital appreciation as housing market rises...
Mortgage costs decrease despite Bank of England rate freeze...
Tradesperson labour costs soaring - high inflation in many sectors...
Good Money Week - responsible international property investment...
The financial success of your buy-to-let depends on the investment...
The new Labour government has finished the job started by...
Manchester is the highest-ranking English city for residential investment, according...
Recommended for you
Latest Features
Investors enjoying capital appreciation as housing market rises...
Flats come to market with potential £1m annual rental income...
Sponsored Content
In the ever-evolving landscape of property investment, staying ahead of...
Property investors, This one's for you. Lendlord's latest Deal Analyser...
The savvy property investor knows the importance of adapting their...
0
Would love your thoughts, please comment.x
()
x

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here