|
|
Post by Ace on Feb 18, 2022 12:25:38 GMT
I'm very impressed with the speed at which Landlordinvest handle ISA transfers-in. I posted my transfer form to them 1 minute after the last collection time on a local postbox yesterday at 16:31 and received an email at 12:17 today to say that the form had been processed and sent to the source ISA manager (AC, in case you are wondering).
|
|
|
|
Post by overthehill on Feb 22, 2022 21:40:45 GMT
P2PFinanceNews marginally over-estimating LLIs loanbook. But did mention they are to start doing 1st charge development loans.
"P2P Property lender LandlordInvest has only been around since 2017 and its loanbook is worth £13.5bn."
|
|
ukinvestor
Member of DD Central
Posts: 116
Likes: 34
|
Post by ukinvestor on Mar 28, 2022 13:54:32 GMT
According to their ISA T&Cs:
"If you choose to transfer funds out from your LLI IFISA to another ISA provider, you may be charged a fee in accordance with the fees published on our website (as amended from time to time)."
Has anyone transferred an ISA out from LandlordInvest and paid a fee?
I did not find a page with fees published on their web site...but then the fees can be amended from time to time, so doesn't give much protection...
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,315 
Likes: 11,523
|
Post by ilmoro on Mar 28, 2022 15:20:59 GMT
According to their ISA T&Cs: "If you choose to transfer funds out from your LLI IFISA to another ISA provider, you may be charged a fee in accordance with the fees published on our website (as amended from time to time)." Has anyone transferred an ISA out from LandlordInvest and paid a fee? I did not find a page with fees published on their web site...but then the fees can be amended from time to time, so doesn't give much protection... FAQ for IFISA says no fees. Also not found the actual list of fees. They would struggle to charge fees without breaching regulations as they are not clearly disclosed.
|
|
qwakuk
Member of DD Central
Posts: 259
Likes: 96
|
Post by qwakuk on Jun 12, 2024 14:24:13 GMT
I also wondering about ISA transfer out fees, added some cash and missed last loan a few weeks ago.
Better off with the cash elsewhere.
|
|
|
|
Post by Chimponaughty on Jun 12, 2024 15:27:06 GMT
I also wondering about ISA transfer out fees, added some cash and missed last loan a few weeks ago. Better off with the cash elsewhere. LandlordInvest IF-ISA is flexible. So you can simply withdraw and then redeposit funds before end of tax year.
|
|
qwakuk
Member of DD Central
Posts: 259
Likes: 96
|
Post by qwakuk on Jun 12, 2024 19:29:52 GMT
I also wondering about ISA transfer out fees, added some cash and missed last loan a few weeks ago. Better off with the cash elsewhere. LandlordInvest IF-ISA is flexible. So you can simply withdraw and then redeposit funds before end of tax year. I am aware of that and took the money out when I did not get an allocation. Looking to put it back and then out to another platform that has more regular loans.
|
|
|
|
Post by filip on Jun 15, 2024 12:22:25 GMT
Hi qwakuk,
We do not have any transfer fees from our side and it is set out on the website.
However, it would appear that you’re perhaps better served by transferring your funds elsewhere as LLI is strictly a self-select platform, where lenders have to be able to find, read and draw conclusions from presented information, to have the best possibility of choosing loans suiting their risk and return preferences (especially as P2P lending is a high risk investment).
Best,
Filip
|
|
