Pension Fund Acquisitions, Disposals, and Lettings
SIPP and SSAS pension schemes offer substantial tax advantages, among other benefits, making them a popular choice for those looking to plan for their retirement.
Our commercial property solicitors have vast experience in assisting clients looking to plan for their future by buying a property through a pension scheme. The friendly and cost-effective team will work closely with you to design and administer a bespoke strategy to ensure the best deal possible. They can advise you on:
- Buying and selling commercial property into a pension fund
- Lettings, sub-lettings, and assignments
- Securing a mortgage against a pension property
- Transfer of properties between pension funds
- Documenting trustee’s obligations
There are two main methods of buying a property through a pension. These are Self-Invested Personal Pension (SIPP) schemes and Small Self-Administered Schemes (SSAS). They allow individuals to purchase commercial property either to use as business premises or as part of their investment portfolio.
An SSIP is a pension plan that allows an individual to choose how their savings are invested. An SSAS can be set up in the name of a limited company to benefit the directions and family employees. Trustees are appointed so that they can control the scheme’s assets and investments.
We aim to identify and resolve any possible issues at an early stage as part of the comprehensive service we offer. Everyone involved will be kept fully informed throughout and we will ensure all legal documentation is in place to provide you with peace of mind.
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Commercial Property Testimonials
I just wanted to let you know how impressed my wife and I have been with Emily’s work on our recent purchase of some garden land. I have acted as a chartered surveyor and arbitrator in commercial property for over 40 years and was highly impressed by her great ability, impeccable communication and proactive approach at all times. She is a credit to your firm and I will always ask her to handle our property matters going forward.
Mr Router, BSc(Hons) DipArb FRICS FCIArb.
Prompt and professional service. Always on contactable to cover all technical queries. Howard’s thorough approach made the process comfortable and put our minds at rest to concentrate on running our business. Would definitely recommend
We have been working with Howard Bailey for 3+ years. He is outstanding. Great listener. A real asset to our business together with his team of associates so much so that we feel he is a member of our team.
Legal 500, 2022