A good way to think of an ISA is as a tax ‘wrapper’ that shelters your ISA income. This means you are not required to pay tax on the interest or capital gains earnt, offering increased growth potential on your ISA investments.
Relendex offers two types of ISAs, new to our website is our Secured Portfolio ISA. This combines the secured lending available on the Relendex Exchange with a unique Portfolio created for each lender in order to reduce risk and hassle and offer a better tax-free return than most other ISA products.*
No need to self-select your loans, the Relendex Secured Portfolio uses an algorithm to allocate loan parts available in both Relendex’s Live Auctions and from its Resale Marketplace.
What are the benefits?
The Secured Portfolio provides the additional comfort that if during the relevant period your investment has not achieved the projected total return (principal plus target interest plus maturity bonus) then Relendex will make up the difference, provided that there has not been a systemic fall in the UK House Price Index of more than 10%.
Only the highest grade investment parts (A+ and A) are allocated to each individual Secured Portfolio. With our current offer, anyone investing in the portfolio and holding the portfolio until maturity can earn a 1.5% bonus, making an impressive 5.5% return.
For more information visit our Secured Portfolio Product section of the FAQ.
CAPITAL AT RISK: Instant access cannot be guaranteed. No FSCS protection.
* Secured Portfolio ISA product offers a better target rate of return than a Cash ISA
