Oaksmore

Oaksmore launches IFIsa




Investment schemes and alternative investment funds provider Oaksmore Portfolios AIFM Limited has introduced a new Innovative Finance Isa (IFIsa).

The Oaksmore Isa offers platform users the opportunity to invest in heritage restoration projects around the UK devoted to historic buildings that have fallen into disuse and disrepair.

The Isa offers returns of up to 7.5% per annum over a 60-month term or 5% per annum over a 24-month term.

Tony Norris, CEO at Oaksmore, who has been responsible for the launch of more than 200 funds and schemes totalling more than £15bn, said: “We are delighted to be able to offer UK consumers the chance to enjoy investing their savings in an Isa account with a difference.


“Not only does the Oaksmore Isa allow tax-free savings with a very healthy interest of 7.5%, but it also allows investors to pledge their hard-earned savings to a cause in which they have a genuine interest. 

“With new developments being erected at a vast rate across UK towns and cities, the investments made into the Oaksmore Isa are utilised to maintain British history by bringing back to life much-loved heritage sites across the UK, which have fallen into disuse or disrepair.

“The process is simple: Isas are used to acquire property-backed bonds. 

“Invested money is held in a specific, secure client bank account until it is allocated to the latest bond and project so that restoration work can commence.”

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