Your Questions Answered

FAQs

  • Who is Fluid Bond?

    Fluid Bond are loaning money as lending capital to a bridging loan company providing bridging loans to exciting businesses including property developers throughout the UK.

  • What are the returns?

    The Fluid Bond offers an annual interest rate of 6%, with regular payments due every quarter.

  • What are the ongoing charges?

    Fluid Bond will cover any charges for holding the IFISA account, so the rate you see on the bond is the rate you are due to get!

  • What is the minimum investment amount?

    The minimum investment amount is £2,000

  • Does the bridging loan company aim to raise a certain amount of capital before commencing?

    No, Fluid Lending will utilise the investments as soon as the transfer is received.

  • Ways capital is protected

    Protective measures are in place to help safeguard investors’ capital. Please be aware that capital may be insufficient to repay bondholders capital and interest and does not guarantee return. The lending company undertakes thorough due diligence on it’s borrowers and must meet a strict maximum 70% loan-to-value criterion to provide… Read More

  • Could the investment be affected by currency fluctuations?

    No. Your investment is in £GBP with no exposure to other currencies and all interest is paid in £GBP.

  • Will I own company shares?

    No. You are investing through an IFISA in a corporate bond.

  • What happens if prime doesn’t lend money to the operating company?

    If for any reason your money is not lent to the project developer within 90 days of us receiving it, we will return the money to your account. In the unlikely event of this happening, you will not receive any interest on your capital.

  • Can I change my mind?

    If you decide you’d prefer not to go ahead with the investment, you can cancel within 14 calendar days of opening your account. Just let us know by phone, email, or in writing. If you decide to cancel, any money transferred to your IFISA account is credited to your investment… Read More

  • Can I withdraw funds early?

    Bonds are considered non-readily releasable investments. You should expect to hold them for the full three-year term, although you may be able to find an investor willing to purchase the bonds from you. You can also request early redemption of your investment, including payment of interest accrued until the requested… Read More

  • Who is my ISA Manager?

    The ISA will be managed by Northern Provident Investments Limited.

  • How do I transfer in from another ISA Manager

    Simply complete step 4 and 5 of the Sign-up documents and Northern Provident Investments will arrange your transfer.

  • How do I receive income from my investment?

    Interest is paid into your ISA quarterly, you can access your funds through your online account and withdraw them when you like, or save them up for a rainy day.

  • How do I keep my account secure?

    Your ISA is controlled from your personalised online dashboard, we ask that you secure your account with a strong password.

  • How will Fluid Bond and the ISA manager keep in touch with me?

    Fluid Bond will release a bi-annual newsletter reporting on how your investment is being utilised, the latest on the bridging market and the company itself.

  • What if I move abroad?

    Your ISA is controlled from your personalised online dashboard; therefore, you can access it from anywhere in the world. The IF ISA is tax-free only in the United Kingdom, and you are responsible for your own tax affairs if you move to any other jurisdiction.

  • 
What happens to my Bonds if I Die?

    If you die while owning Bonds, your investment can be transferred to an authorised person acting on behalf of the estate. If you are acting on behalf of the estate of a deceased investor who owns Bonds, please email [mail@mgcs.co.uk]

  • 

Can Fluid and/or the ISA manager change the Terms and Conditions?

    The terms and conditions are agreed once you have received the Information Memorandum and have signed-up for your ISA. These will not change for the term you hold your bond.

  • 
Can Fluid and/or the ISA manager close my ISA?

    Fluid and the ISA manager have a right to redeem the Bonds prior to their Redemption subject to the payment of principal Interest outstanding on the Bonds up to their Redemption Date.

  • 
Can Fluid and/or the ISA manager transfer my ISA to somebody else?

    Fluid and the ISA manager are not permitted to transfer the ISA to any other party, except in exceptional circumstances (see ‘What happens to my Bonds if I die?)

  • What is the Governing Law?

    The governing law is that of the United Kingdom.

  • 
Are there any potential conflicts of interest?

    A full list of the directors’ interests is detailed in the Information Memorandum.

Fluid Fixed Rate ISA

  • What if I change my mind after signing up?

    If you decide you’d prefer not to go ahead with the investment, you can cancel within 14 calendar days of opening your account. Just let the ISA Manager know by phone, email, or in writing. Following this initial 14-day period, you should expect to hold your Bonds for the full… Read More

  • When will I receive my investment interest?

    Interest is due to be paid into your ISA account quarterly, you can access any interest payments through your online account and withdraw them when you like or save them up.

  • How can I keep track of my investment?

    Fluid Bond will release a bi-annual newsletter reporting on how your investment is being utilised by the bridging loan company, the latest on the bridging market and the loan company itself.

  • What am I investing in?

    You are buying into a bond, issued by Fluid ISA Bond 1 Limited.

  • Who are Fluid Bond?

    Fluid Bond is loaning money as lending capital to a bridging loan company providing bridging loans to exciting businesses including property developers throughout the UK.

Fluid Fixed Rate ISA - Invest Monthly

  • If I need to cancel my Monthly Investment, will I be penalised?

    No, there is no obligation to committing to monthly investments. If you do decide to cancel the standing order, there will be no fees or penalties.

  • What is the minimum to invest on a monthly basis?

    You first need to open an account with us and invest in the bond (£2,000), to invest monthly you need to commit to a minimum of £100.

  • When will I have access to the monthly investment?

    The standard Terms and Conditions apply for each investment. You are due to have access to the original investment plus any interest on that investment at the end of the 3-year term from the first payment. The same three-year term will apply for each subsequent investment you make, for example,… Read More

  • What if I need to change the payment date?

    You can call your account manager to arrange this, there are no admin fees to do this.

  • What am I buying?

    You are buying a bond, issued by Fluid ISA Bond 1 Limited.

Fluid Direct Investment

  • How often do I receive interest on my initial investments?

    Interest payments are due to be paid out quarterly.

  • Can I access my investment if I change my mind?

    All investments in the Fluid Bond are subject to a 14-day cooling-off period. After this time you will not be able to access your funds until the end of the term (apart from in extreme circumstances)

  • How long is the investment term?

    The bond is held for a 3-year term.

  • Is the initial £20,000 investment through the Fluid ISA tax-free?

    Tax treatment depends on the individual circumstances of each investor and may be subject to change in future. Yes, as an IF ISA, the initial £20,000 investment is treated like any other ISA held with a bank for tax purposes, and as such is not subject to tax. Please note… Read More

  • Can I make additional investments on a monthly basis?

    Yes! You can invest monthly with each investment treated as a separate bond.

  • What am I investing in?

    You are buying a bond, issued by Fluid ISA Bond 2 Limited, Investment raised will be utilised as lending capital to provide bridging loans to exciting projects throughout the UK