SIPPs and SSASs (Commercial Properties purchased via pension funds)
A commercial property can be purchased through individual and company pension schemes. There are two types of schemes known as Self-Invested Personal Pension (SIPP) and Small Self-Administered Scheme (SSAS), which provide users a tax beneficial investment.
It is important that you appoint a solicitor who is experienced in dealing with the additional complexities of purchasing or selling a commercial property through a SIPP or SSAS. We have a team of knowledgeable and experienced solicitors who are familiar with the requirements of SIPP and SSAS professional trustees in dealing with the following transactions:
- Acquisitions and Disposals.
- Leasing of SIPP/SSAS properties to tenants.
- Transfers between pension providers/administrators.
- Lending and refinancing of SIPP/SSAS properties.
- Assignments or Surrenders.
Our Commercial Property team is unique in offering well-rounded, timely advice. We pride ourselves on our friendly and client-focused approach that meets our client’s objectives.
To speak with one of our Commercial Property team, please contact our Commercial Property department on 01772 555 176 or email enquiries@vslaw.co.uk
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Olivia had our best interests at heart
Olivia did such a fabulous job in advising us from as soon as she took over our case from another member of staff that worked at Vincents. She made it all easy for us to understand and explained everything so well every step of the way, even taking the time to have a very long face to face meeting with us to ensure we were kept in the loop and were happy with everything we were signing in our lease. She was lovely, patient and I always felt safe in the knowledge that she had our best interests at heart at all times. I wouldn’t hesitate to recommend Olivia or get in touch to use her services again if we ever needed to.