We are recognised by many as being an industry expert in commercial property purchases within SIPP and SSAS.
All properties are different and we look at each proposed purchase in detail reviewing all aspects of the purchase to ensure it is allowable as a SIPP or SSAS investment.
There are no hard and fast rules surrounding what is and isn’t allowable within a pension as a property investment, however we need to be sure that it won’t cause the scheme tax charges. This means that the majority of residential properties are not allowable, as are tangible movable assets such as plant and machinery. If you are unsure and want to discuss an opportunity then call your usual contact or Sales Support on 0115 841 5000.
Your usual administrator will deal with the purchase of properties within the SIPP or SSAS so you will know who to talk if you need an update at anytime.