The Wellesley Property Bond: FAQs

Wellesley listed bonds are ISA eligible investments, allowing you to earn tax free interest on your investment.

Please note, tax allowances and the tax efficient benefits of ISAs could change in the future.

The minimum investment in The Wellesley Property Bond is £1,000 and can be invested into thereafter in increments of £1,000. There is no maximum investment.

Interest will begin to accrue from the date that a bond is listed until the redemption date of the bond. Please click here for further information on this process.

Interest is paid into your holding account each month and you are then free to withdraw or reinvest as you wish. Interest is calculated from a bond’s listing date. Please allow up to three working days from the monthly anniversary for funds to clear and appear in your holding account.

Yes. The Wellesley Property Bond, which will be listed on Euronext Dublin, is a transferable security that can be either sold or transferred to another third party. There are no restrictions on sale or transfer, however, this alone does not guarantee that you will be able to exit your investment early; there must be a willing party available to purchase your bond in such an instance.

Any individual who is over the age of 18 and that is a resident of the UK, Channel Islands or Isle of Man.

Wellesley bonds are listed on Euronext Dublin (formerly the Irish Stock Exchange) on the listing date, following the closing of the subscription period. Euronext Dublin is ranked No.1 for bond and investment fund listings worldwide and has over 36,700 securities listed.

In the unlikely event that the bond does not list, your money will remain in your holding account where you are free to withdraw funds or reinvest.

Non-listed bonds are issued to investors privately by companies and not recognised as a security on the financial markets and therefore are not transferable. They are illiquid and they are not eligible to be held within an ISA account.

Listed bonds are listed on a recognised stock exchange. Listed bonds can be traded however, trading is subject to availability and there is no guarantee of buyer demand should if an investor wishes to sell prior to maturity. They are also eligible to be held within an ISA account.

The Wellesley Property Bond is listed on Euronext Dublin (formerly the Irish Stock Exchange) which is ranked No.1 for bond and investment fund listings worldwide and has over 36,700 securities listed.

Wellesley Property Bonds are publicly listed on Euronext Dublin (formerly the Irish Stock Exchange). This means that the Central Bank of Ireland has approved the Secured Note Program as complying with the EU Prospectus Directive following a full review. The Euronext Dublin is ranked No.1 for bond and investment fund listings worldwide and has over 36,700 securities listed.

Investment into The Wellesley Property Bond involves risks to your capital and interest payments. In the event that a borrower was unable to repay a loan, Wellesley would attempt to recover the funds outstanding, however such security arrangements do not guarantee full return of capital and interest to the bond holder.

If you are in any doubt about making an investment you are strongly recommended to consult an independent professional financial advisor. Before you subscribe to the Wellesley Property Bond you should ensure that you fully understand the risks and determine whether the investment is suitable for you on the basis of all the information available.

No. Your investment is not covered by the Financial Services Compensation Scheme.

Income payments and returns at maturity are paid to you gross, so you'll need to determine whether you need to declare it in a self-assessment tax return (unless you have invested within an ISA). Tax treatment depends on your individual circumstances and may be subject to change.

As we're unable to provide any personal advice on tax issues, should you have any queries regarding your tax position or liability, we recommend contacting your local tax office or an independent financial advisor.

Once a loan has passed the Wellesley Secured Finance lending criteria, a legal charge is secured against the underlying asset. This charge is assigned to a Security Trustee (authorised and regulated by the Financial Conduct Authority) on behalf of bondholders (investors) and in the event of a default of any interest payments by Wellesley, the Security Trustee has the right to take control of the underlying assets to recover capital and interest payments.

Please note however, that whilst Wellesley aim to minimise the risk, like most investments there is a level of risk involved and investment into The Wellesley Property Bond is not covered by the Financial Services Compensation Scheme (FSCS).