Pension Schemes
Bright Solicitors offers specialised legal advice for individuals and businesses investing in commercial property through Self-Invested Personal Pensions (SIPPs) and Small Self-Administered Schemes (SSAS). Our experienced team ensures your investment is legally sound, compliant, and structured to maximize your financial benefits.
What Are SIPP and SSAS?
SIPP (Self-Invested Personal Pension): A flexible pension plan allowing individuals to invest in a wide range of assets, including commercial property.
SSAS (Small Self-Administered Scheme): A pension scheme typically used by business owners to invest in commercial property and other assets for business growth.
Both schemes allow for tax-efficient property investments, providing opportunities to:
- Purchase Commercial Property: Own business premises through your pension fund.
- Lease Back to Your Business: Rent the property to your company, generating pension contributions.
- Benefit from Tax Advantages: Enjoy potential savings on capital gains tax and income tax.
Who We Help
Our expert team of Pension Scheme lawyers specialise in assisting:
- Individual Investors: Structuring property purchases through a SIPP.
- Business Owners: Using a SSAS to purchase business premises.
- Pension Scheme Trustees: Ensuring compliance with regulations and legal requirements.
- Property Developers: Leveraging pension schemes for development projects.
Why Choose Us?
Bright Solicitors offers exceptional legal expertise for pension schemes:
- Specialist Expertise: Extensive experience in SIPP and SSAS property transactions.
- Tailored Solutions: Personalised advice to align with your financial goals and pension rules.
- Comprehensive Support: We guide you through every step of the process, ensuring compliance and clarity.
- Transparent Pricing: Upfront estimates with no hidden costs.
The prestigious Legal 500 ranks our Commercial Property team, highlighting our commitment to outstanding client service and expertise in property law.
Pension Scheme Lawyers | Our Process
- Initial Consultation: Discuss your objectives and review pension scheme documentation.
- Property Due Diligence: Investigate title, planning permissions, and regulatory compliance.
- Drafting Agreements: Prepare and review lease agreements and purchase contracts.
- Liaison with Providers: Work closely with SIPP or SSAS providers to ensure a seamless transaction.
- Completion: Finalise property purchases and handle post-completion matters
Get in Touch
For expert advice on commercial property pension schemes, trust Bright Solicitors. Contact us today to discuss your requirements and learn how we can assist.
Call us at 01752 388883 or Email us at Georgia.Jones@brightllp.co.uk to arrange a consultation.
FAQs About Pension Schemes
Only commercial properties are allowed; residential property purchases are generally prohibited under pension rules.
Yes, professional legal advice ensures your transaction complies with pension rules and regulations.
Yes, both SIPP and SSAS schemes allow you to lease commercial property to your business under fair market terms.
