What are the fees associated with an IF ISA account with Simple Crowdfunding?
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Currently, Simple Crowdfunding does not charge for either the set-up and management of your IF ISA account with us. Your IF ISA account is free.
We reserve the right to charge a small management fee for
non-invested funds in the future. This is likely to be
in the region of 0.25% per quarter, payable after the first 6 months of opening
an account with us. This fee will not be charged if we do not have enough Peer to Peer loans available for investment. All investors will be notified ahead of the time should we start charging for this account type.
We also charge a £100 admin fee if the transfer-in payment is received by cheque from your current ISA Manager and when you wish to transfer-out to another provider.
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