LendingCrowd Income ISA

The LendingCrowd Income ISA allows you to earn tax-free returns* on your peer-to-peer loans. You decide how much to lend, from a minimum of £1,000 up to £20,000 this tax year. We’ll automatically diversify your funds across the loans available on our Loan Market – sit back and let our platform do the hard work for you. Your interest payments will be transferred to a separate account so you can withdraw them, while your capital repayments will be automatically lent out. If your portfolio value is between £1,000 and £1,999, no more than 2% of your funds will be lent to any one business. This maximum target exposure reduces to 1% for portfolios of between £2,000 and £4,999, and to 0.5% for portfolios of £5,000 and above.

The longer you hold the Income ISA, the more diverse your portfolio will become, as your capital repayments will automatically be used to purchase new loan parts on your behalf. Remember that diversification is key to mitigating risk.

We also allow you to transfer in your other ISA accounts. This means you can lend even more with the Income ISA without losing any tax benefits*.

*When lending to businesses, it’s important to remember that your capital is at risk. Tax treatment depends on the individual circumstances of each lender and may be subject to change in future. LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.