Transfer your ISA to Unity Mutual
How to transfer your ISA to Unity Mutual
If you already have a Cash or Stocks and Shares ISA with another provider and are considering transferring it to our Stocks and Shares Flexible ISA, it’s important to understand how the process works, what to expect, and the nature of the investment.
You should ensure you understand the risks involved with investing in stocks and shares, including that the value of your investments can go down as well as up, and your capital may be at risk.
Our team is here to help you – from explaining how the Flexible ISA works, to ensuring the move is completed smoothly.
You’ll find a step-by-step guide to the transfer process below, along with answers to frequently asked questions.
How to transfer your ISA to Unity Mutual
Step 1
Read the Stocks and Shares Flexible ISA Key Information Document(s) and the Terms and Conditions below to ensure the product is right for you.
Step 3
Return the completed transfer-in form to: insure@unitymutual.co.uk or by Freepost UNITY MUTUAL (please ensure "UNITY MUTUAL" is written in capital letters).
Step 4
Our customer service team will handle the rest, we’ll let you know in writing once the transfer is complete.
Important documents
Stocks and Shares
Grow your savings over the long term with a Stocks and Shares account (capital at risk).
Flexibility
Withdraw and reinvest money within the same tax year without affecting your tax-free ISA allowance.
Friendly Society
As part of a mutual, Unity Mutual reinvests any surplus directly back into the services we offer, rather than shareholder profits.
ISA transfer FAQs
Yes, we accept Cash ISA transfers if you choose to move your savings. Please make sure you're comfortable with the risks involved in a Stocks and Shares ISA by reading the Key Information Document and Terms and Conditions.
It depends on whether your contributions are from previous or current tax years.
- Previous tax years: Transfers of contributions made in previous tax years won’t affect your current £20,000 ISA allowance.
- Current tax year: Any amount contributed to any ISA(s) during the current tax year will count towards this year’s £20,000 limit, even if you later transfer that ISA.
- If you're transferring ISA funds contributed in the current tax year, you must transfer the full amount.
Flexible ISA transfers should be completed within 30 days of us sending a transfer request to your current provider. However, we cannot guarantee the processing time of other organisations. Please allow up to 30 days for this process to complete.
Unity Mutual will notify you if there are any issues that may be preventing the timely processing of your funds.
No. Unity Mutual does not charge any fees to accept ISA transfers. However, it’s a good idea to check with your current provider to ensure they don’t charge exit or transfer fees before starting the process.
Important
This warning relates to our Stocks and Shares products. The value of investments can go down as well as up, so your capital is at risk and you may get back less than you invest. Past performance is not an indicator of future results.
Need help?
Email us
Send us an email at insure@unitymutual.co.uk
Customer centre
Take a look at our customer centre