Relendex (Real Estate Lending Exchange) are a peer-to-peer online platform who bring together multiple lenders for loans secured on commercial and residential property.
|Investment Type||Loans secured on UK property|
|Investment Strategy||Investors self-select loans on platforms|
|Projected Annualised Return ||7.00% - 10.00% Net|
|Investor Fees||No fees|
|Minimum Investment ||£500|
Relendex IFISA Overview
The Relendex ISA works in a similar way to its regular accounts. Lenders can decide which loans to invest in and can build their own diversified portfolio of loans. Through this IFISA, lenders can potentially enjoy tax-free returns on loans secured against UK property.
The Relendex ISA is a non-flexible ISA. This means that all new subscriptions made during a tax year will count towards your subscription limit for such tax Year and cannot be replaced.
While there is an annual limit for new ISA subscriptions of £20,000 (for 2017-18 tax year), there is no maximum statutory limit to the amount that existing ISA money can be transferred across to a Relendex IFISA account (although they set a £10,000 minimum transfer value). Transferring ISA investors will need to complete a Transfer Authority Form. There is no need to get in contact with your existing ISA Manager as the Relendex specialist team will handle the entire process for you.
Risk Warning: Past performance and forecasts are not reliable indicators of future results. Tax treatment of any of the investment offers will depend on the individual circumstances of each investor and may be subject to change in the future. If you are unsure about any aspect of the information provided by the company, you should seek advice from an independent financial adviser. Do not invest more than you can afford to lose. Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Investing in start-ups may expose the individual concerned to a significant risk of losing all of the money or other assets invested.