It’s time to do the sums. Figures recently released by the tax authorities reveal a shocking story of how poorly mainstream finance (banks and building societies to the fore) have served investors and savers. The raw data from HMRC can found here. Our analysis of the highlights – or should that be lowlights? – is […]
Landing on site… The next tranche of the popular Project Seascape. This is a special purpose vehicle, which will be used to fund property development. The management team has extensive experience in the property sector and a strong track record. The team has worked together since 2008, during which time they have completed 80 developments. […]
Savers frustrated at low interest rates from cash accounts can boost their returns and provide British businesses with the growth capital they need by investing in peer-to-peer (P2P) loans. If the loans are held in a Money&Co. Innovative Finance ISA (IFISA), the excellent returns, many times the average ISA-eligible cash deposit account, can be enjoyed […]
The Individual Savings Account is one of the best onshore tax breaks available in developed investment markets. Individuals can commit up to £20,000 per annum, tax-free. Money&Co. lenders have achieved an average return of over 8 per cent in the four years and nearly £11 million of loans facilitated on site. That yield – and […]
Savers are “abandoning the cash ISA en masse”, as the personal savings allowance (PSA) makes the tax-free wrappers less relevant for consumers, according to a report from P2P Finance News. New data from UK Finance showed that investment in cash ISAs fell from £773m in March 2017 to just £332m in March 2018 – a […]
Have you done your annual, tax year-end review of your personal savings and investments? Here’s the good news: We currently have three loan offerings live on the site. They are rated A+ or A – the two best risk ratings – and have a fixed return of 8 per cent or an indicative return (suggested bid […]
Norvic 3 is as new loan offering, now live on the site. See Home page. The loan is for £50,000 with a term of 5 years. The offering comes from a light-aircraft overhaul company. The credit rating is A, which suggests an interest rate of 8 per cent. However, the actual interest rate will be set […]
As we review the good returns available from our latest loan offering – with more in the pipeline – we revisit the alternatives. Money&Co. has conducted research that reveals the average return on Cash ISAs. Bear in mind that the current rate of retail price inflation in the UK stands at 3 per cent. The […]
Review the savings market, and you’ll find good news. Savers who may be frustrated by record low interest rates on cash Isas can now earn more than 7 per cent a year, tax free, by investing in the new Innovative Finance Isa from Money&Co., reports the Daily Express. See below: “This pioneering Isa gives savers […]
What’s the average yield on a peer-to-peer (P2P) loan? How do you get a quick, fast P2P loan? What does P2P borrowing entail? All these questions – and many more – are answered on site in the Knowledge Hub at the foot of most pages (Click on “About P2P”, “About Crowdfunding”). For lenders looking to […]