Investing in property as part of your pension solution
You’ll often hear people foregoing the benefits of pensions because they think investing in property is their ‘pension’. In fact, members of our SIPP can get the best of both worlds by investing in freehold or leasehold UK commercial property.
Types of UK Commercial Property include
- Offices, shops, warehouses, factories
- Land, commercial forestry, garden centres
- Dental surgeries, vets practices
- Legal practices
- Hotels, leisure complexes
Properties can be purchased by you, your family, your business, or a syndicate.
All property transactions are subject to HMRC prevailing rules in addition to property law.
Borrowing
It is also possible for a pension scheme to borrow funds from a lender to assist with a property purchase (subject to HMRC rules). Currently, any borrowing is limited to an amount not exceeding 50% of the net value of the pension fund in question.
Work with our specialist team
Options specialises in the administration of property within a pension scheme. We have a great deal of experience in handling property transactions from single-member investments to multiple-member investments via property syndicates and we’re happy to discuss any proposals you’d like to make.
Speak to us today in order to learn more about our property services.