Talbot and Muir

Property

Commercial property such as industrial units, offices, and land are permitted investments under a SIPP. For many clients, property has proved to be the core investment of their SIPP.

New pensions legislation, in addition to relaxing connected party restrictions, permits pension scheme borrowings of up to 50% of the Net Asset Value of the fund. This ability to gear up gives clients greater purchasing capacity within their SIPPs.

Talbot & Muir specialises in the use of property-based SIPPs for both individual SIPP members and groups wishing to combine their pension fund for the acquisition of business premises or commercial property investments.

Very typically, professional practices, such as accountants and solicitors, will utilise partners' pension funds to assist in the acquisition of business premises. Sometimes, this is on the basis of a sale and lease-back, whereby partnership-owned properties are effectively transferred to pension fund ownership.

Our exposure to these transactions has helped us develop our reputation as a specialist provider in this market, through our understanding of how such transactions can be structured and the legislation they are subject to.

If you wish to discuss any type of proposed transaction involving commercial property, please do not hesitate to contact us.