Using a SIPP to invest in property
SIPP Property Investment : Investing in a resort property has never been easier and now you can fund your purchase with your pension using a SIPP (Self Invested Personal Pension). This not only offers incredible tax advantages but also puts you in control of how your pension is invested for the future.
And the process is much easier than you may think! We have partnered with some of the UK’s leading pension and investment experts to give you the help and information you need to guide you through your options. They will assess your current funds and then deal with transferring any “frozen” pensions from previous employment, businesses and/or funds from other personal pensions. All you have to do is select the property you want in your pension fund. You can also “club” together with other investors to jointly purchase one, or several, of our properties.
Contributions into a SIPP attract relief at an individual’s highest rate of tax. If a higher rate taxpayer wished to invest £100,000, it would only cost them £60,000 after receiving all of their tax relief.
A SIPP is also able to borrow money against its assets. As much as 50% of the net value of a SIPP can be borrowed to increase the funds for your property investment. So, as an example, a fund that has a value of £150,000 can be increased by 50% or £75,000 to make a total fund of £225,000 available to invest in property.
To find out more about investing in property through a Self Invested Personal Pension contact us and we will arrange for an independent pensions expert to provide an initial assessment at no cost to you.
The adviser is authorised by the Financial Services Authority to discuss in detail any aspect of using a SIPP to invest in property. All investors should seek relevant advice to their circumstances before proceeding.
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