Put your cash to work now as noflation persists in UK
“Once again inflation in the UK has dipped back to 0%, thanks to a combination of lower petrol prices and cheaper goods.
“With inflation non-existent, and unlike to climb significantly in the near term, interest rate rises of any significance seem a long way off. Leaving cash on deposit continues to generate very little by way of a return, but there are a number of other options out there for investors.
“Mini-bonds can generate a significantly higher return for investors willing to accept a degree of risk. One of the highest-yielding mini-bonds currently available via CrowdBnk is the East London Property Bond, a five-year, initial fixed-term mini-bond offering an interest rate of 10% gross interest per annum for investments starting from £1,000.”(1)
The Bond is secured against the Barking Magistrates’ Court residential site, independently valued at £10.25 million by Lambert Smith Hampton, with the income generated from LMSL’s extensive property portfolio situated across London, and built up over the last two decades.
As well as providing an annual income, payable monthly, the mini-bond also provides investors with an element of security as their investment is secured against bricks and mortar collateral. The mini-bond is structured so that investors have first claim over LMSL’s latest development at Barking Magistrates’ Court.
For further details on the mini-bond, please visit www.crowdbnk.com.