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Peer To Peer Lending ISA

Find out more about peer to peer lending
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Peer to Peer Lending ISAs

CROWD2FUND

from CROWD2FUND

ISA Option
Allows ISA Transfers
Regular Savings
Interest Rate Earn an estimated 8.70% APR on your investments
  • Term: 1 - 5 Years
  • Invest From: £10

Why we like it: Crowd2Fund’s Finance ISA is designed to make it easier for savers to invest while managing a diversified portfolio. You can transfer existing ISAs (Crowd2Fund will help you do this) and earn an estimated 8.7% APR* return tax free.

  • Currently 0% platform default rate
  • Access to your capital
  • EIS, SEIS & IFISA tax relief
  • Balance your level of risk
  • *Capital at risk
  • Peer to peer lending is not covered by the FSCS

Peer to Peer Growth IFISA

from Lending Crowd

ISA Option
Allows ISA Transfers
Interest Rate 6.00% target return
  • Term: No Fixed Term
  • Invest From: £1000

Why we like it: Innovative Finance ISAs (IFISA) are the new way to invest tax-free. Just like Cash and Stocks & Shares ISAs, you can invest up to £20,000 each tax year, and you don’t need to pay any personal taxes on your earnings. Lending Crowd will automatically diversify your funds across at least 20 loans through their Loan Market, with no more than 5% of your funds invested in any one loan. All repayments will be automatically reinvested.

  • No income tax or capital gains tax to pay on your profits
  • No fixed term, hold for as long as you wish
  • Also accepts ISA transfers from previous year's ISA's
  • Investments are automatically diversified across multiple business loans
  • The target rate is variable, net of ongoing management fees, estimated bad debt and before the 1% withdrawal fee
  • Capital is at risk
  • Must be aged 18 or older
  • Peer to peer lending is not covered by the FSCS

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)

Peer to Peer IF ISA

from Landbay

ISA Option
Allows ISA Transfers
Interest Rate 3.75% annualised expected return
  • Term: Up to 5 Years
  • Invest From: £5000

Why we like it: The Property‐Backed ISA is the latest in Landbay's peer‐to‐peer investments following the introduction of the Innovative Finance ISA from HM Treasury in 2016. A Landbay ISA investment is the same as a Classic investment with a tax‐free wrapper

  • No ongoing fees or investment fees
  • Also accepts ISA transfers from previous year's ISA's
  • Investments are automatically diversified across multiple buy-to-let mortgages
  • Sell your investment on the secondary market at any time, subject to Landbay's ability to reallocate your invested loan parts
  • Landbay's Reserve Fund exists in case a borrower misses a payment or defaults. To date they've had none
  • Capital is at risk and returns may be higher or lower
  • Must be aged 18 or older
  • Peer to peer lending is not covered by the FSCS

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)

What is peer to peer lending

Peer to peer lending (P2P) is a way in which savers can lend their capital to the borrowers; by doing this they are effectively removing the middle man (a bank) as well as potentially receiving a higher return on their investment.

Typically, the interest offered with P2P lending is higher than those found in the high street. Some companies that offer P2P lending and borrower services provide the choice to lend for a single year or a number of years; the longer the term of lending, the higher the potential return.

It should be noted that the return of the capital that you invested will depend heavily on the borrower, and, in some cases, it is possible to lose some or all of the capital initially provided.

Why use peer to peer lending ISA

Any returns that you receive on a regular investment will be subject to tax, which could significantly reduce your overall return.

An ISA gives you the chance to earn up to £20,000 tax-free interest, which means it could lend itself perfectly to an investment such as peer to peer lending.

Peer to peer lending ISAs allow savers to put their peer to peer investments in a tax-efficient wrapper so they can achieve tax-free returns on the interest earned from their investment.

Peer to peer lending ISAs are their own type of ISA. Therefore, savers can subscribe to another kind of ISA as well. However, if you decide to open multiple ISAs, it is important to remember to break up your allowance between the accounts so you do not exceed it.

Eligibility

In order to be eligible for a peer to peer lending ISA you need to be:

  • Aged 18 years or over
  • A UK resident and tax payer

Our peer to peer lending ISA services

Unless you have a deep understanding of the financial services market, you may need some assistance when choosing a peer to peer lending ISA.

Call us on 0845 308 2525 or fill in our contact form.

Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.

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