You can hold residential property in your SIPP!
Hartley Pensions have partnered with Bricklane.com to offer their residential property Real Estate Investment Trusts (REIT) within our SIPPs. This enables clients to grow their pension savings through the housing market, and it can be less hassle and be a tax-efficient alternative to buy-to-let investment.
Bricklane, which is backed by Zoopla Property Group, runs a Regional Capital fund which invests into expertly chosen properties in Leeds, Manchester and Birmingham. Properties are independently valued by Allsop LLP every month, and investors benefit from the combination of rental income and any changes in property capital values.
In it’s first year the fund has returned 8.7% (net of management fees). With no leverage employed, the fund may be attractive to those looking to change a pension portfolio’s risk profile or diversify from other asset classes.
Bricklane’s Regional Capitals fund can be held within Hartley Pensions Abacus or Prosperity SIPP. For more information please use this link https://hartleypensions.com/bricklane-reits/.
REIT is an allowable investment within SIPP and SSAS pensions. HMRC will not class it as an unauthorised payment unless the member holds over 10% of the REIT fund.
Past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested. Nothing in this document is intended to or should be construed as advice.