Kuflink Glossary
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      What fees do you charge?

      Fees & Charges

      There are times when we may charge fees to our investors, and these are detailed below.

       

      No Special Fee/Charge Type Criteria Fee/Charge Amount T&C's Link
      1 Repeated Withdrawing  of Funds without Investing fee If Top-up funds are not invested, and more than 2 withdrawals are requested
      • £5 or 1%
      		 T&Cs Apply - See below 1
      2 Transferring Out an ISA fee Transferring your ISA loan part attracts a fee. 
      • £0 (Reduced from £35 on 16/10/2023 until further notice)
      		 T&Cs Apply - See below 2
      3 Secondary Market fee Selling your loan part attracts a fee -  once sold. 
      • 1%
      		 T&Cs Apply - See below 3
      4 Requested Liquidation of the Deceased Investor's Account fee If live investments are Requested to be liquidated
      • £500 or 2%
      • Forfeits any  accrued Interest
      N.b. Alternatively, you can sell Select deals via the Secondary market       		 T&Cs Apply - See below 4
      5 Required Liquidation if Kuflink gives you notice to close your account under Clause 16 fee If live investments are Required to be liquidated
      • £500 or 2%
      • Forfeits any  accrued Interest
      N.b. Alternatively, you can sell Select deals via the Secondary market (Directors approval required)      		 T&Cs Apply - See below 5
      6 Requested Liquidation of an Investors Account fee If live investments are Requested to be liquidated
      • £500 or 2%
      • Forfeits any  accrued Interest
      N.b. Alternatively, you can sell Select deals via the Secondary market       		 T&Cs Apply - See below 6

       

      1. Withdrawing Funds - If a withdrawal request is made following a top-up, Kuflink reserve the right to return funds to the originating account if the full amount is not invested and may therefore require proof of the incoming transaction. If the full amount is not invested and more than 2 withdrawals are requested, Kuflink reserves the right to charge the higher of £5.00 or 1% administration fee on this withdrawal. Kuflink also reserves the right to return funds to the originating account and ask for proof of incoming transaction if the withdrawal is being made following sales from the secondary market. Kuflink is aware that some Banks offer a % cashback incentive on purchases and we have seen our service being used to rotate funds for this purpose.
      2. Transferring out an ISA- Kuflink charges an administration fee of £0 for transferring your IF-ISA to another provider.
      3. Secondary Market fees - Transactions will be subject to an arrangement fee of 1% of the Loan Part value, payable to Kuflink by the seller upon completion of the sale. This fee will be automatically deducted from the sale proceeds. 
      4. Requested Liquidation of the Deceased Investors Account - If live investments are to be liquidated from a deceased investor’s account, Kuflink will charge a fee for this.  This fee will be 2% of the amount or £500, whichever is higher. Liquidating investments this way forfeits any accrued interest. This is at Kuflink’s discretion and must be approved by the Directors.
      5. Required Liquidation if Kuflink gives notice to close an account (See T&Cs Clause 16 Ceasing to be an Investor with Kuflink) - Liquidating investments this way forfeits any accrued interest. This fee will be a minimum of 2% of the amount or £500, whichever is higher. Liquidating investments this way forfeits any accrued interest. This is at Kuflink’s discretion and must be approved by the Directors.
      6. Requested Liquidation of an Investors Account - Should you wish to liquidate an investment prior to the expiry of the loan, fees may be applied, which are a minimum of 2% of the amount or £500, whichever is the higher. Liquidating investments forfeits any accrued interest. This is at Kuflink's discretion and must be approved by the Directors.

       

      Updated 8th October 2024