Investment Rates and Fees

No Joining Fees

We do not charge a registration or joining fee.

Investment Returns

Loans are graded from A+ to C, with C being the most risky type of loans and A being the least risky. We don’t accept any borrowers who do not meet at least our C-rated score criteria.
When bidding for a loan to invest in, the maximum rate of interest that you can bid for will be determined by the risk band allocated to the loan, as follows:

  • C: 20% and under
  • B: 17% and under
  • A: 14% and under
  • A+: 11% and under

You can choose the rate you want to lend at within these bands.

0.50% Microloan sale fee

If you decide to sell a microloan, there is a 0.50% sale fee based on the outstanding capital, which is payable once your loan part is sold. For example, if you sell a loan part with £100 principal remaining, the sale fee would be £0.50 once the loan part sells. No charges apply if a loan part is not sold.

Commission

A commission fee of 0.1% of your loan portfolio value is payable on the first day of each month. This is calculated from the sum of your capital oustanding on your microloans. Microloans which have defaulted are excluded. Fees are not charged to lenders where their Net Return is less than 2%.

ISA Fees

No account opening fees apply

It is free to open an IF ISA account.

Transfer In Fee

A fee of £75 applies if you require assistance with transferring in an existing ISA from another provider.

Transfer Out Fee

A fee of £75 applies if you require assistance with transferring out your IF ISA to another provider.

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