When making any investment it is important that you understand what risks are involved. When investing with simplyspace, you are lending to property developers, and there is a risk of losing the money that you have invested if the borrower defaults on their loan. As a result, you should not invest more than you can afford to lose. simplyspace minimises the risk of loss by securing all loans against property assets.

Read below to find out more information about investing with simplyspace. If you still have any questions or wish to discuss further, please get in touch.

Introduction

Details of the development project are made available during consultation and agreement. You will see that each investment has a term and an interest rate. The term of the investment tells you when you should be repaid the money you lend, plus the interest accrued. You will see that some projects offer a higher interest rate than others. Whilst a higher interest rate means that if the loan is successful, you will receive a higher return, it usually also reflects a higher level of risk. 

Your tax liabilities

We do not deduct any tax from your investment. It is the responsibility of each investor to declare any money earned from investing through simplyspace to their country’s tax authorities and make the required tax payments. 

We cannot provide you with any advice regarding your taxes, so if you are unsure, you should seek independent professional advice. 

We are not covered by the FSCS.

simplyspace, like other firms like us, is not covered by the Financial Services Compensation Scheme (FSCS). This means that if we go out of business, the FSCS will not be in a position to help.