Sipp purchase of a Spanish Holiday Home

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This topic contains 1 reply, has 2 voices, and was last updated by Profile photo of Anonymous Anonymous 11 years, 7 months ago.

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  • #51095
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi

    is anyone in the process of buying a property with a SIPP pension ready for April 2006?

    I am considering it but information on the possibility is sketchy

    thanks

    Stuart

  • #58266
    Profile photo of Anonymous
    Anonymous
    Participant

    We are well advanced in our plans in this and understand the procedures necessary.

    Essentially pension trustees are in the main saying it is possible but, have not got as far as considering “how”! The methodology for moving forward is now something we understand and have put in place the relevant elements.

    We believe that “off plan” commitments are allowable within a SIPP now so long as the property does not complete in the context of having a habitation certificate until after 5 April 2006.

    For information please visit http://www.premierfinancialsolutions.co.uk

    Or e-mail me at

    sward@premierfinancialsolutions.co.uk

    Stephen Ward
    Approved by Spanish Property Insight

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