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The Assetz Capital platform is no longer open to investment from individual investors. No new investments into peer-to-peer loans are possible and, as a result, no new funds should be deposited. The existing loan book relating to the Retail platform is now in run-off and this will, over time, deliver the return of capital to investors. Full information can be found here . Existing Retail lenders can still log in, view information regarding their account and loan holdings and operate their account in accordance with the information regarding the run-off provided on the link above. Please see this important message regarding the currency of the information on the pages on this website.

Rapid take-up of Assetz ISA

Rapid take-up of Assetz ISA

Over £10 million has been invested in those Assetz Capital ISAs already, with a significant increase expected once the Manual Lending Account is included in the ISA wrapper before the end of Q1 2018.

With HMRC reporting that the amount invested in cash ISAs had fallen from £58.7bn in 2015/16 to £39.2bn in 2016/17, Assetz Capital CEO Stuart Law believes consumers are starting to vote with their feet when it comes to finding competitive rates of return, with IFISAs set to benefit.

Stuart said: “We are very encouraged by the initial reaction to our ISA. We have a range of automated accounts available within the ISA, with the Manual Lending Account set to follow soon, so I expect we’ll continue to see a strong take-up throughout 2018.

“The landscape is changing and people are looking for places where their money will work hard for them, and that is increasingly not in cash ISAs. This is a watershed year for the IFISA. It’s up to the whole industry to deliver on this opportunity and help create a large-scale alternative way to invest in ISAs, just as the government originally intended when it created them.”

- February 14, 2018

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