Planning for your future
Property, pensions and tax benefits. An appealing combination, but a complex and heavily regulated area of law which calls for specialist advice.
Using a pension to buy property
Buying property through a pension scheme can make great financial sense. It can release equity from a company’s business premises and boost the value of a pension fund.
There are two main mechanisms for achieving this:
- Self Invested Personal Pension (SIPP) schemes and
- Small Self Administered Schemes (SSAS)
Through these schemes, individuals can buy commercial property either to use as business premises or as part of an investment portfolio. An owner of freehold business premises can sell the freehold to their pension fund, making money by leasing the property back to the company.
The main benefits to be gained are in tax savings. Investments don’t attract Capital Gains Tax, for example, and tax relief will apply to most contributions.
Property pension fund solicitors
Our solicitors are experts on the law relating to commercial property and also on the associated tax implications and the Inland Revenue framework.
When it comes to pensions and property, our team has extensive experience in advising individuals, companies and pension providers on the intricacies of SIPPs and SSASs.
Our lawyers work with clients to design the best, most tax beneficial, arrangements for them. They deal with the purchasing, leasing and selling of property, helping design and administer a bespoke strategy to underpin the investment.
When it comes to realising the property investment, our team works speedily to handle the disposals, capturing the best possible deal for clients.
Please contact us to discuss how our specialist commercial property solicitors can help you.
"Nelsons...recent work has included advising developers on high-value developments and strategic land projects, as well as undertaking refinancing work for institutional lenders and assisting pension scheme trustees with property acquisitions. The team also handled mandates for local and national retailers, and also charities and other voluntary sector clients, and educational establishments."Legal 500
"Its team is approachable, knowledgeable and refreshingly easy to deal with, compared to some. It has a wide variety of expertise and inspires confidence that, if it is instructed to deal with a matter, it will do so promptly and efficiently."Client Feedback
"I am very impressed with the high level of service and feedback, and delivered at the fixed price quoted."Client Feedback
"Attention to detail and how fast issues are dealt with is outstanding."Client Feedback