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IF ISA
Aug 20, 2017 10:09:44 GMT
Post by ditonics on Aug 20, 2017 10:09:44 GMT
Few basic questions.
Is there a list of what P2P platforms provide an IF ISA. So far I note AC is working towards it, Lendy doesn't, Ablrate does and so does reBS.
Can I have multiple IF ISA on different platforms provided I don't exceed the maximum total allowance in a year?
Thanks
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mullet
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Post by mullet on Aug 20, 2017 10:13:43 GMT
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on Aug 20, 2017 11:03:39 GMT
ditonics be very careful which platforns you invest in. Several will, due to a lack of deal flow, be very difficult to fully invest unless you either pay a premium or, on one of your named platform, pick up the garbage at -5% that others are trying to offload in order to minimise potential losses. I opened an ifisa at abl with cutrent year money on day 2 of it being available. Discounts had already started reducing and premiums to buy increasing. They have continued to par and ludicrous 5% premiums. I cancelled my ifisa for this reason within the cooling off period and await transfer into my standard account. I do not think it would be as straightforwards with others in your list given past experience.
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IF ISA
Aug 20, 2017 11:31:14 GMT
Post by beeje13 on Aug 20, 2017 11:31:14 GMT
You can only subscribe to one IFISA in a tax year. You can open as many as you want and fund them via transfers from previous years' ISA money.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Aug 20, 2017 12:03:48 GMT
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IFISAcava
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IF ISA
Aug 20, 2017 13:03:48 GMT
via mobile
stevio likes this
Post by IFISAcava on Aug 20, 2017 13:03:48 GMT
My plan for ABLrate is to use the flexibility to put IFISA money elsewhere whilst awaiting deals over next few months in order to get fully invested whilst avoiding too much cash drag.
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IF ISA
Aug 20, 2017 19:45:07 GMT
Post by ditonics on Aug 20, 2017 19:45:07 GMT
Big thanks to everyone.
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