The interest paid on savings by banks is negligible.
High interest savings accounts offered by the major banks are virtually non-existent. Anyone who is reliant on their savings to provide regular income needs an alternative investment vehicle.
All our investments are property related and therefore the Law and Property Acts apply. As we only deal with our own property deals and do not sell or promote others we do not need FCA authorisation. All money which is invested is secured by way of legal charge against a fixed asset. In relation to the FSCS, this is an underwritten guarantee in relation to bank deposits (£85,000) and unsuitable investments from brokers (£50,000). As all our investments are held against an ever increasing fixed asset value, in all cases where we have our own equity tied up. As our investors will always be repaid first, there will always be scope to cover the original investment.