On the property ladderInvestors can open one IFISA per tax year, and have an annual subscription allowance of £20,000, with substantial tax-free returns. There are also several different opportunities available when it comes to property IFISAs, including buy-to-let and development. For example, you could opt to open an IFISA with a peer-to-peer platform that facilitates bridging loans, which are often used to fund borrowers over the short-term while they refinance or sell a property.
Development loans, which provide finance to help build new properties or conversions, are also common. Essentially, the P2P platforms conduct due diligence on the borrowers, before connecting them to investors by issuing a loan note. With companies like CapitalRise, which offers an IFISA that is backed by investments in property development, investors can simply transfer in underperforming Isas from other providers. With most providers, investors can apply to become a member in minutes, and access opportunities directly through the website.