Initial step for all users. Using existing clickable tile style for guides.

Before you invest

As this is your first council investment with Abundance, please take a moment to read through the following before we ask you a few short questions.

We’ll ask you a couple of questions to check you’ve understood the key features and risks of this type of investment.

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App test step. Using existing SI native radio buttons style.

Before you invest

Answer these short questions to confirm you understand the key features and risks of council investments.

1/2
Can I access my money whenever I need?

Choose one answer.

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This is a new component. 2 up, with pink and blue variants, and blob masked tick to indicate selected route.

How do you want to invest?

Choose between setting up a regular monthly investment or selecting specific councils to invest in today.

Choose investment type
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Execution note: new compact tile component to show investments. using existing SI input boxes. This is a 'choose your own' buy step, not required in auto invest flow.

How much do you want to invest?

Enter the amount to invest in each open council project. Minimum £5 per investment.

City of Westminster

4.8% 5 year term Amortising
£

Southwark Council

4.6% 5 year term Amortising
£

Sheffield City Council

4.5% 5 year term Amortising
£
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Using new 2 up stylers. Would apply for all buy routes.

Which portfolio type?

Select the account type to hold your investment.

Choose portfolio type
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Payment route choice using 2 up card style. Required for choose your own investment route, immediate payment

How would you like to pay?

Choose a payment method for your £110 investment.

Choose payment method
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Required in ISA buy flows. Using a new custom box out component for elements

ISA declaration

Please read and confirm your HMRC ISA declaration before proceeding.

I declare that:

  • All subscriptions made, and to be made, belong to me;
  • I am 18 years of age or over;
  • I have not subscribed and will not subscribe more than the overall subscription limit to any combination of permitted ISAs in the same tax year;
  • I am resident in the United Kingdom for tax purposes, or perform duties treated as being performed in the UK, or I am married to or in a civil partnership with a person who does. I will inform Abundance if I cease to be so resident.
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Summary of investments today for the choose your own buy route. Page elements comprised from existing box out custom elements.

Review your investment

Please check the details below before proceeding to payment.

Amount investing today

£110

Investment breakdown

City of Westminster
£55
Southwark Council
£55

Portfolio type

IF ISA Portfolio

Tax-free
Change details
Proceed to payment

Payment details for paying for investment today via manual bank transfer. No new components used here. Just existing box outs

Transfer your investment

Make a bank transfer for £110 using the details below.

Bank transfer details

Sort code

12-34-56

Account number

12345678

Account name

Abundance Investment Ltd

Unique reference

ABND-9X82-K3

Important: always include your unique reference so we can match your transfer to your investment.

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I’ve made the transfer

Confirmation step for multi buy investment. repeats visual language from early summary page.

We’re waiting for your transfer

We’ll confirm your investment of £110 as soon as your bank transfer arrives.

Amount invested

£110

Investment breakdown

City of Westminster
£55
Southwark Council
£55

Portfolio type

IF ISA Portfolio

Tax-free
Return to dashboard

Auto invest step 1

How it works

Please read through the following to make sure you understand how your auto-investment will work.

Auto-invest terms

  • Once we have processed the receipt of your money, it will be invested into council investment(s) within 1 working day.
  • Your deposited money will be invested in equal proportions across the open council investments available at the time.
  • Where it is not possible to invest your money equally due to rounding to the nearest £0.01, the amounts will be adjusted randomly to ensure all of your deposit is invested.
  • The exact terms of each loan you are invested in may vary over time. However you will only be invested in loans that meet the following conditions:
    • The loan is a P2P loan offered by a council, as defined in our Terms & Conditions.
    • The term length is up to a maximum of 5 years, but may be less than 5 years.
    • The use of funds must be either for Eligible Green Projects or Eligible Social Projects, as defined under Abundance’s Green and Social Finance Framework.
  • The rate of interest on each new loan will vary over time based on Abundance’s credit assessment and pricing policy.
  • Abundance will notify you of each council investment you make. You have the right to request a cancellation of any investment made within 14 days of the investment notification.
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Auto invest step 2

Choose your monthly deposit amount

Automatically reinvest your capital repayments and interest into future open investments, compounding your return.

£
Choose whether to reinvest returns
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