We are delighted to announce that we have since launching our property-backed IFISA attracted more than £2 million in ISA subscriptions!
We believe that this is a testament the benefits that investors recognise in our property-backed IFISA: the potential to earn higher and inflation beating returns than offered by Cash ISAs, and without exposure to or correlation with the volatile stock markets as with Stocks & Shares ISAs.
The headline figures for our property-backed IFISA show that:
- 121 new IFISA accounts were opened (2016: 56); a year-on-year increase of 116.1%.
- £1,646,079 (2016: £419,385) of ISA subscriptions; a 292.5% increase year-on-year.
- Average ISA subscription per IFISA account of £11,669 (2016: £7,489); a year-on-year increase of 55.8%.
- £536,404 ISA subscriptions Transferred In; a year-on-year increase of 547.2%. £56,463 ISA subscriptions were Transferred Out.
We are with your help and confidence looking to maintain this rate of progress in the coming years, by continuing innovating the alternative finance and ISA industry and developing LandlordInvest’s position as one of the leading providers of the property-backed IFISAs.
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