Can I move my existing Zopa loans into an ISA wrapper?

Updated 11 months ago

Not directly – it's not possible to wrap your active loans in an ISA as they are an existing asset. Current rules from HMRC only allow customers to use cash to fund an innovative finance ISA and create new loans.

As a result, your options to fund a Zopa ISA are:

  • sell your existing loans and buy new ones within the ISA
  • disable re-lending, gather repayment money in your holding account and move to your ISA from there
  • transfer in cash from your bank account
  • transfer in cash from an existing ISA held with another ISA manager

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