Innovative Finance ISA

The Smarter Way To Invest

You can now invest up to £20,000 in The House Crowd’s Innovative Finance ISA and earn 7% p.a.* tax-free.

We automatically diversify your investment as far as practicably possible across a portfolio of secured peer to peer loans in accordance with our underwriting manuals. We save you the time and hassle of managing a diverse investment portfolio whilst allowing you to enjoy the attractive returns and tax benefits offered by an Innovative Finance ISA.

Every loan made within our Innovative Finance ISA portfolio is secured by a legal charge over a UK property or land asset.

Invest in just a matter of minutes and leave the rest to us.

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Transfer Your Existing ISA

Are you fed up of the returns you're getting from your existing ISA? If the answer is yes, you’ll be glad to hear that you can now transfer your current ISA to The House Crowd’s Innovative Finance ISA completely free of charge.**

So, if you would prefer to invest your tax-free allowance with The House Crowd and receive 7%* a year tax-free with a diversified loan portfolio secured against UK property, here’s what you need to do.

1. Open your House Crowd Account and upload your ID for our routine compliance checks.

2. Once approved, apply for an ISA account (you’ll need your National Insurance number to hand).

3. Click ‘my portfolio’ and new ISA transfers and follow the instructions to complete the process.

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**Subject to a minimum transfer value £5,000. Transfers from £1,000-£4,999 will incur a £50 admin fee.

Earn A Reward Of Up To £100

We’re offering a £50 reward for first time investors in our Innovative Finance ISA until Friday 5th April 2019.* If you decide to invest £10,000 or more we will increase your reward to £100!

Sound good? Here are the main things you need to know.

Rewards will be paid out with interest on 30th April 2020. They can be rolled up and compounded if you choose to do so.

The offer is open only to members who have not yet invested in our Innovative Finance ISA before the promotion start date (23rd January 2019).

Please read our £100 reward terms and risk warning before you decide to invest.

Reward Bands:

Investments of £1,000-£9,999 = £50 reward

Investments of £10,000-£20,000 = £100 reward

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Key Benefits

Earn 7% p.a.* Tax-Free

Tax-free returns in our ISA wrapper.

Invest From Just £1,000

Invest up to £20,000 in any one tax year.

Receive Interest Twice A Year

Or compound your interest to maximise returns.

Earn Interest 365 Days A Year

Interest calculation starts 14 days from receipt of funds.

Diversification

Automatically diversify and spread your risk.

Security

All investments secured by legal charges at the land registry.(Capital at risk. Property values can go down as well as up).

Your Questions Answered

1. Is there a charge to open an Innovative Finance ISA account?

No, it's free to open our innovative Finance ISA account.

2. Are there any fees if I choose to invest?

No.

3. What’s the minimum investment term?

3 years, calculated to commence from the end of the current tax year (5th April 2019) and end on the third anniversary of that date (5th April 2022). After this term your money can be transferred / withdrawn by giving 3 months’ notice. However, in some cases it may not be possible to return all of your money until a loan is redeemed or new investment is received. If a loan is in default you will not be able to recover the part of your investment allocated to tha loan until the borrower repays. Please read the product T & Cs, available when you click 'More Info' above, for more details.

4. How is my investment secured?

Whilst The House Crowd Innovative Finance ISA is not protected by the Financial Services Compensation Scheme (FSCS), your money is secured by a legal charge against the borrower’s land/ property which can be possessed and sold in the event of the borrower not repaying. However, property values can go down as well as up so your capital is at risk. Please review our underwriting manuals for full details of how your money is protected.

5. Can I transfer money from my existing ISA?

Yes, you can. The minimum transfer is £1,000. If you transfer between £1,000 and £4,999 there will be an admin charge of £50. Transfers of £5,000 and over are free of charge.

If you have other ISAs you would like to transfer, here’s what you need to do:

Open a House Crowd account and upload your ID for our compliance checks.
Once approved, apply for an ISA account (you'll need your national insurance number to hand)
Click ‘my portfolio’ and new ISA transfers and follow the instructions to complete the process.

6. Where can I find out more information?

Please read our FAQs or contact our Member Support team for more information. You should also read our risk warning, important information and terms and conditions before investing.