UK pension schemes can now purchase or invest in a range of property types. This form of transaction has many benefits to the owner of the property as they can receive tax free rents whilst also placing assets beyond the reach of creditors.
Permitted pension scheme properties include hotels; student accommodation; care homes; the purchase of land for the development of residential property and general commercial property. Some properties are ineligible for the scheme however including shops with living accommodation and the property of Limited Liability Partnerships.
If you’re thinking of purchasing property as a pension investment, or are considering selling one, you should seek the early advice of an experienced solicitor to help make it as sound a decision as possible. Contact Tayntons now on 0800 158 4147 or use the contact form provided to find out more.
Seek the early advice of an experienced solicitor
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See this section to learn more about the solicitor dealing with your case or use the search tool to locate a particular individual within the firm, including members of Tayntons LLP’s management team. For general queries, please call our reception team on 0800 158 4147 who will be happy to help.
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