rgog
Member of DD Central
Posts: 95
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Post by rgog on Feb 15, 2018 13:43:48 GMT
Have been looking at the above ISA, does anyone know anything about them? On first glance it seems to be appealing in some ways but you are buying a bond which does not have any recognised secondary market and while the interest rate is not bad you are effectively stuck with it to term while being fully exposed to the whole gamut of property market risk. Also, I could not see how long they have been in operation and what if any track record (that could be me not being that good at looking!).
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,447
Likes: 945
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Post by stub8535 on Feb 15, 2018 14:01:40 GMT
Have been looking at the above ISA, does anyone know anything about them? On first glance it seems to be appealing in some ways but you are buying a bond which does not have any recognised secondary market and while the interest rate is not bad you are effectively stuck with it to term while being fully exposed to the whole gamut of property market risk. Also, I could not see how long they have been in operation and what if any track record (that could be me not being that good at looking!). Bit of a naff website and it's phone number is not working. No explanation of assets that will be held nor how they will be assigned for or. I have emailed and will reproduce what I get back.
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