The world of property investment can sometimes be confusing; our Glossary is full of useful terms to help every investor, whether they are a first time landlord or a seasoned portfolio builder.


Individual Savings Account (ISA)

Individual saving accounts (ISAs) are a scheme which enables individuals to hold cash, shares and unit trusts, without being subject to tax on the likes of dividends, interest and capital gains. Up until now many preferred ISAs to traditional pension schemes, as passing on assets after death to dependants, spouses or civil partners was more effective, as it typically isn’t subject to Inheritance Tax. ISAs have commonly been used as tax wrappers.