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Is your Self-Administered pension more bankable than you?
In the current market, where cash is scarce, many Self-Administered Pension Schemes have more bankable assets than their owners.
- This makes lending to property investments an attractive proposal for the banks.
- Lower interest rates make borrowing an attractive proposal for investors.
- Countless pension scheme investors are now in the fortunate position of being able to buy good value property when few others can.
- The long term nature of property investments combined with the longevity of 'bricks and mortar' fit well with a traditional pension investment strategy.
Did you know that a number of clients have signed contracts in their own name but decide to complete within their pension schemes, as bank finance is more readily available?
Propertyline takes the grief out of buying property.
- we deal with the bank and the insurance
- we do the legals so that you can bring the property into retirement
- we source property management.
The only thing you have to do is to find the property!
Reasons to invest:
- Good Value
- Low Interest Rates
- No tax on initial outlay
- No tax on rental income
- No Capital Gains tax
- Your pension scheme is working for you!
If you buy property now, where values are low, with a mortgage which is paid off before retirement, you could find yourself in the fortunate position of bringing a tax free and mortgage free property into retirement. You could live off the rental income. Please note that this applies to Irish and UK properties.
If you would like further information, please contact your Advisor or alternatively, please contact us by Tel: 01 614 8096 or by email: propertyline@fen.ie.
Michael Keyes BA QFA
Group Sales Director
ITC Group
Harmony Court
Harmony Row -Dublin 2
t: +353 1 6148000
f: +353 1 6148080
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