ISA News Update



Today, HM Treasury has begun an open consultation into the inclusion of Peer-to-Peer lending in ISAs. The consultation period will last until the 12th of December. The Treasury will be consulting firms and individuals about how the operational side will work most efficiently and comply with the existing ISA rules.


What Happens Next?


Once the consultation period has ended in December, the government will review all the responses received and then publish a ‘summary of responses’. This summary will include a review of the responses and set out the government’s decisions in response. Also included in this report will be details of how the government will implement their decisions and a timescale.


Graham Wellesley, CEO commented.

“The Chancellor announced in his budget in March that there would be this consultation, and it is encouraging that we have now reached this point. The inclusion of Peer-to-Peer lending in the ISA will not only give another option to those saving money through the tax free wrapper, but also unlock capital that can be used to lend to British Business and spur the growth and housing supply within the economy.”

If you would like to read more about the consultation click here

Bear in mind

Wellesley Property Bond

  • The Wellesley Property Bond has a fixed rate and duration.
  • The Wellesley Property Bond is an ISA eligible investment, allowing you to earn tax free interest on your investment. Please note, tax allowances and the tax efficient benefit of ISAs could change in the future.

Your capital is at risk and interest payments are not guaranteed. Investment in any Wellesley Property Bonds are not covered by the Financial Services Compensation Scheme (FSCS). In the event of a loan default or if Wellesley Secured Finance Plc becomes insolvent, you may lose some or all of your investment, including interest payments due. If you are in any doubt about making an investment or do not fully understand the risks, you are strongly recommended to consult an independent professional financial adviser before you subscribe.

Wellesley is the singular name for the following collective of companies, Wellesley Group Limited (09811856), Wellesley & Co Limited (07981279) and Wellesley Finance Plc (08331511). Wellesley Secured Finance Plc was established as a special purpose vehicle for the sole purpose of issuing asset backed securities and is not part of Wellesley Group.

The information contained in this website has been approved as a financial promotion for UK publication by Wellesley & Co Limited (FRN 631197) who is authorised and regulated by the Financial Conduct Authority (FCA). Wellesley Property Bonds are issued by Wellesley Secured Finance Plc (the Issuer) and is not authorised or regulated by the FCA.

Wellesley & Co Limited and Wellesley Finance Plc are registered in England and Wales and their registered office and trading address is at St Albans House, 57/59 Haymarket, London SW1Y 4QX. The registered address for Wellesley Secured Finance Plc is at 1 Bartholomew Lane, London, EC2N 2AX.


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