100% finance - how it works...
100% finance - worked example
Using a SIPP to invest in our property

Using a SIPP to invest in our property

Breath life back into your poorly performing pension plan...

You can now use your pension funds to invest in our property using a SIPP.

A Self Invested Personal Pension, known as a SIPP, is a personal pension for which the person investing for retirement decides what their pension fund is invested in. Traditionally pensions are managed by a pension fund manager who may invest in volatile stocks and shares or boring old cash and the investor has no control or influence on this decision.

Any type of pension can be transferred into a SIPP, for instance many people have several 'frozen' pensions from previous employment or businesses and/or personal pensions that they can transfer. This is a complex area and it does need professional advice. HighGround have teamed up with a number of the UK’s leading independent wealth management companies which specialise in pensions and investments. They will carry out an initial review completely free of charge for potential investors to assess whether their existing pension plans may be transferred into a SIPP.

If an investor already has a SIPP, or once the SIPP has been set up, the investor selects the property they wish the SIPP Trustees to invest in. It is also possible to increase the amount of funds available in a SIPP by borrowing up to a further 50% of the value of the SIPP. For example if a SIPP has funds of £200,000, it can borrow another £100,000 making available £300,000 to invest.

Some SIPP providers offer the facility to make a “split purchase”. This simply means that part of the purchase (for example the 30% deposit) can be held in the SIPP, whilst the remaining 70% may be owned outside of the fund. It follows that until completion of the property, the SIPP need only cover the deposit amount. This can provide significantly greater purchasing power.

An investor using a SIPP can make further contributions ongoing into their SIPP and is entitled to full tax relief which means that if a 40% tax payer paid in £100,000 it could only cost him £60,000.

For further details of how to invest in a property using a SIPP and the fees associated with this please contact HighGround on 0800 612 6601 and we will be happy to explain exactly how you will benefit, and introduce you to an independent pension specialist partner if you decide to take advantage of this outstanding opportunity.

There may be an initial set up fee and ongoing annual charges associated with the management of the SIPP.

HighGround Property does not give financial advice. Whilst we believe that the properties represent excellent investments, each investor must undertake their own research to satisfy themselves before proceeding.