Are all Innovative Finance ISAs the same?

No. The Innovative Finance ISA makes it possible to invest through peer‐to‐peer platforms such as Landbay, tax free. Different peer‐to‐peer platforms lend on different underlying assets and there is a wide range available.

Landbay’s Property Backed Innovative Finance ISA automatically diversifies your money across mortgages that are secured by prime buy‐to‐let properties throughout England and Wales. Spreading your investment in this way makes it more robust, so you’ll never be reliant on one particular borrower or location. In addition to holding first‐ranking mortgages on every property we lend to, we retain a proportion of our fee and margin income in our Reserve Fund to offset potential future arrears and defaults. Landbay will also use the Reserve Fund to cover any missed mortgage interest payments of which we have had zero to date.

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