Secured Portfolio
Individual Savings Account (ISA)
At last, an Innovative Finance ISA product that is truly innovative
A managed Innovative Finance Individual Savings Acccount product, providing you with a tax-wrapper for your annual £20,000 ISA allowance. You can also transfer in from an existing ISA.
The Relendex Secured Portfolio Product
Combining the very best features of the Relendex Exchange together with the level of security that makes it an ideal part of every portfolio
Register as an IFISA Lender
Unique to each lender
Made up of multiple Loan Parts on the Relendex Exchange, chosen algorithmically according to strict criteria.
We ensure only A+ and A grade loans are included within the portfolio and your risk is spread - with a number of in-built protections against the loss of your capital
We ensure only A+ and A grade loans are included within the portfolio and your risk is spread - with a number of in-built protections against the loss of your capital
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%.
For a detailed understanding of how the Secured Portfolio works, you can read more on our FAQ page
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%.
For a detailed understanding of how the Secured Portfolio works, you can read more on our FAQ page
CAPITAL AT RISK: Instant access cannot be guaranteed. No FSCS protection.
Fees
Account Setup
None - It's free to open an IFISA account with us
Transfer in
None - No charges for transferring in existing ISAs
Transfer out
None after 12 months. In the first 12 months the greater of £25 or 1% of the amount withdrawn
Fees
Account Setup
None - It's free to open an IFISA account with us
Transfer in
None - No charges for transferring in existing ISAs
Transfer out
None after 12 months. In the first 12 months the greater of £25 or 1% of the amount withdrawn
Questions?
You can find more information in our FAQ
Why is there a minimum investment of £2,500 in the Secured Portfolio?
Relendex Loan Parts are broken down into £500 units, The minimum required number of units to create a diversified portfolio is 5, that makes a minimum investment of £2,500.
What if I do not have £2,500 to lend?
You can still invest your IFISA money directly in any of our loans either in the Live Auction or the Resale Marketplace.
When is interest paid?
Interest accrues daily but is paid quarterly in arrears. This means that interest is paid up until the day on which notice is given of withdrawal, but the Lender cannot withdraw interest until it is credited on the relevant quarter day, or as part of an early withdrawal or on maturity.
