The NISA way to invest into buy to let

The NISA way to invest into buy to let

17:00 PM, 25th June 2014, About 10 years ago 2

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The NISA way to invest into buy to let
The NISA way to invest in buy to let

The 2014 Budget saw a package of measures announced to help savers trying to build a nest egg. One of the most significant changes was the introduction of the new ISA (NISA) which comes into effect on Tuesday 1st July 2014. This will see ISA allowances both increase to £15,000 and become investable in any combination of cash and shares.

This will be a real boon for investors as cash holdings are generating almost no returns, with base rates at a historical low. Even the best cash ISA, according to the Daily Mail’s top five ISAs, is returning only 3.00%, for money locked up until 2019, representing a modest £450.00 a year return on the new allowance. Reports have also emerged that banks are slashing their savings rates due to fears of making a loss on the increased NISA allowance. Faced with the alternative options of volatile equity investments and high risk from bonds and gilts, savers may wondering as to how they can best take advantage of the NISA.

London Central Portfolio (LCP), who specialise in maximising investors’ returns in Central London residential are offering an exciting solution. Its recently launched fourth fund, London Central Apartments II (LCA II) is specifically designed to be NISA eligible, with no minimum subscription level and a projected return of 14% per annum.

Most investors are more than aware of the strong and consistent returns that can be achieved from Central London residential. However, to benefit from this has traditionally required significant levels of investment. The eligibility of LCP’s new fund, London Central Apartments II, for NISAs, provides an exceedingly attractive option for a new generation of savers. From Tuesday, new investors will be able to invest their £15,000 NISA into LCA II and nearly double their original investment over five years, with a £12,150 projected return at the end of the fund’s life – a far cry from the projected returns on cash NISAs” comments Naomi Heaton, CEO of London Central Portfolio.

The mandate for LCA II follows the proven and successful investment strategy of LCP’s previous three funds. It will build a diversified £100m portfolio of 1 and 2 bedroomed properties in the prime postcodes surrounding Hyde Park, which will be renovated and interior designed to target the buoyant Private Rented Sector.

With average property prices of £1.5m in Prime Central London, LCA II enables investors to access this previously out of reach asset class for a fraction of the cost of the direct investment, whilst benefiting from buying power, professional expertise and diversification.

LCP’s first two funds have demonstrated exceptionally strong results at their most recent valuations showing increases in capital values since acquisition of over 50%. Their third fund, LCA I, which was fully invested in December 2013, has already shown an increase of 27.8% in value.

The LCP NISA is designed for sophisticated investors.

To find out how to invest your NISA into London Central Apartments II, and benefit from the returns offered by the Central London residential market please contact Hugh Best at LCP London Central Portfolio Ltd by completing the contact form below.

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Mark Alexander - Founder of Property118

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17:57 PM, 25th June 2014, About 10 years ago

Definition of a "Sophisticated Investor" >>> http://www.sophisticated-investor.co.uk/self_cert.php

Certified High Net Worth Individual Requirements

1) Having an annual income of £100,000 or more during the year immediately preceding the date of self-certification; or

2) Having net assets of £250,000 or more - not including a primary residence, rights under an insurance contract or pension or termination benefits.

The individual must acknowledge an understanding of the implications, for the purposes of the FPO, of being treated as a High Net Worth Individual or Sophisticated Investor, including

a) The ability to receive financial promotions that may not have been approved by a firm regulated by the Financial Conduct Authority (‘the FCA’) and whose content may not conform to FCA rules.
b) The loss of the right to complain to the Financial Conduct Authority or the Financial Ombudsman Scheme.
c) The loss of the right to seek compensation from the Financial Services Compensation Scheme.
.

Some One

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19:00 PM, 26th June 2014, About 10 years ago

I can appreciate there are probably tax benefits for non-doms by registering in the Channel Islands, but for the rest of us, wouldn't a London version be more sensible?

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