Most people think of
an individual saving
account (ISA) as a tax-free
vehicle for a low-risk
investment. What many
don’t know is
that a recent rule change
means you can now use
an ISA to make tax-free
investments in property
.
Many property ISAs have
enjoyed growth of up
to 30% in the past 12
months. Property ISA
also enable investors
to share in the growth
in value of key properties
that they’d otherwise
be unable to access,
such as central London
offices, key shopping
centres and industrial
estates. There’s
more good news. Such
properties are usually
let to secure long-term
tenants, such as the
government and chainstores,
on long leases.
Many property ISAs
pay an income that can
be equivalent to earning
9% from a buy-to-let
property - net of costs.
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