Buying a property in a SIPP? 7 hints & tips

Buying a commercial property in a SIPP? 7 hints & tipsWe've recently seen a rise in the number of enquiries we get from people looking to buy commercial property in a SIPP. We therefore asked the Investment Sense SIPP team (pictured below) to come up with a few hints and tips to help you make the right decisions. 1. No residential property We still get the occasional enquiry from people wanting to put residential property, usually a holiday home, in a ...

Buying a property in a SIPP: the advantages and disadvantages by Sarah McCarthy

Sarah McCarthy Independent Financial Adviser with Investment Sense, IFAs in NottinghamI am regularly asked whether buying a commercial property in a SIPP is a good idea. The question generally comes from business owners who are fed up with paying rent and want to become their own landlord. I have worked on a number of these transactions recently and I am asked about this area so often I thought I would highlight the main advantages and disadvantages of buying your own business ...