Commercial property is an allowable investment in both our SIPP and SSAS. Many of our clients take the opportunity to use their pension savings for direct purchases, whether from a third party or a ‘connected’ party.
Depending on affordability, this can vary from owning several properties outright within your scheme, to joint ownership of one or more properties with another investor (which may or may not be another pension scheme).
Note that not all property investments are necessarily permissible. Most notably, investment in residential property would lead to heavy tax penalties being levied by HMRC.
In this briefing we discuss how you can purchase commercial property through your Barnett Waddingham pension and how we can help.