|Set-up and monthly fees||FREE|
|ISA transfer-in fee||FREE|
|ISA transfer-out fee||£50|
|ISA void and repair fee||£50|
|Fixed rate secondary market fee||0.20%+|
|Minimum initial investment||£5,000|
At Landbay, your funds are matched to mortgages for a period of up to 30 years. However, for most of our mortgages, the average expected duration is 4 years.
We understand that, within this time, things can change, meaning you might wish to withdraw your investment early. That's why we provide you with the opportunity to sell your investment on the secondary market, subject to the availability of secondary investors. As an estimate, this typically takes a few weeks. However, please note we cannot guarantee that we will always be able to sell your investment. There may be a small fee associated with Fixed rate investments. Click here to find out more.
Transfer in your existing ISA by filling out the online form in your Landbay account.
There is no upper limit on the amount you can transfer and we’ll contact your ISA manager on your behalf, so that you do the minimum.
I want to invest:
"Very easy process and good communication throughout.""
"Professional and easy to use.""
"Very easy to invest, speedy response and good rate of interest.""
Getting your ISA begins with opening a Landbay classic investment account. We require your bank and personal details to verify your identity as part of our regulatory obligations.
Select ‘Innovative Finance ISA’ within your classic account. We require your National Insurance number and agreement to abide by our IFISA terms and conditions.
Choose the rate at which you want to invest and enter your preferred investment amount.
Complete your investment by making a Visa debit card payment online or by transferring funds from your bank account. We never store your card details.
You’ll begin earning interest within 24 hours of your funds being matched to a mortgage. This will be paid monthly, direct to your investment account. Choose whether to withdraw your interest or automatically re-invest it to benefit from compounding.