Residential property will be affordable for many Sipp members and will allow them to put a real and identifiable asset into their funds, but before they do this they will have to consider how to extract the maximum value from the property
Most people know that from 6 April 2006 they will be able to invest in residential property with their self invested personal pension (Sipp). Although this seems to be stating the obvious, residential property is very different to commercial property, an asset with which many Sipp members are familiar. Typically, a commercial property will be let on a long lease - anything between five to 25 years. Provided the tenant remains solvent the commercial property owner is assured of regular reliable income. Moreover, it is possible by suitable contractual terms to require the tenant to accept f...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes