The minimum investment is £1,000, with denominations thereafter of £1,000. There is no maximum investment.
The Wellesley Property Bond FAQs
No, your investment is not covered by the Financial Services Compensation Scheme.
Investment into the Wellesley Property Bond involves risks to your capital and interest payments. In the event that a borrower was unable to repay a loan, Wellesley would attempt to recover the funds outstanding, however such security arrangements do not guarantee full return of capital and interest to the bond holder.
Wellesley Secured Finance Plc is not authorised and regulated by the Financial Conduct Authority.
Wellesley Property Bonds are issued by Wellesley Secured Finance Plc whose registered office is at 35 Great St. Helen’s, London EC3A 6AP.
The current subscription of the Wellesley Property Bond (Round 4) is due to close on the 28th of September at 5pm.
Any individual who is over the age of 18, or a trust, business or charity that are residents of the UK.
The bonds will be listed on the Irish Stock Exchange (ISE) on the listing date, following the closing of the subscription period.
Yes, the Wellesley Property Bond which will be listed on the Irish Stock Exchange (ISE) and is a transferable security that can be either sold or transferred to another third party. There are no restrictions on sale or transfer, this alone does not guarantee that you will be able to exit your investment early and there must be a willing party available to purchase your bond in such an instance.
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 benefits of ISAs could change in the future.
Interest will begin to accrue from the listing date until the redemption date of the Wellesley Property Bond. The listing date for the current issue is 4th October 2017.
You will earn interest at a fixed rate for the full length of your bond term.
Your money will remain in your account and will be ready for use on the next bond application. If you wish to withdraw your money, please contact The Share Centre on 01296 414141.
Call our Customer Service team on:
0800 888 6001
(Monday to Thursday 8.30am – 5.30pm, Friday 8.30am – 4.30pm)
*Wellesley Secured Finance Plc (the Issuer) was established as a special purpose vehicle for the sole purpose of issuing asset backed securities. Wellesley Secured Finance Plc is not part of Wellesley Group Limited.
The Wellesley Property Bond is issued by Wellesley Secured Finance Plc (10565816) whose registered office is at 35 Great St. Helen’s, London EC3A 6AP. This financial promotion has been approved for the purpose of section 21 of the Financial Services and Markets Act 2000 by The Share Centre Limited. The Share Centre Limited is authorised and regulated by the Financial Conduct Authority and is entered in the register under 146768.