Commercial Property

Commercial Property

SIPP & SSAS Fixed Fee

SIPP (Self Invested Personal Pension Scheme) or SSAS (Small Self Administered Scheme) allows business owners to release equity from their current business premises or the purchase of new commercial premises as tax-efficient pension planning.

We can act for either the pension scheme provider or the individual in the acquisition of a property in either of the two schemes.

If you are considering any of the above it is important that you speak to a specialist property solicitor with expertise in SIPP and SSAS property transactions.

We offer a fixed fee service for undertaking property transactions in relation to SIPPs and SSASs

  • The cost for purchasing any property under £1 million is £2,000 +vat and disbursements
  • To prepare the documents for a leaseback to the company is £1,000 +vat
  • To co-ordinate with the funding provider and provide the relevant legal documentation £1,000 +vat

Conditions

We can only act for the SIPP/SSAS or the company taking the leaseback not both
Instructions will only be taken from one designated person.

As solicitors, we are not authorised to give financial advice therefore, you will need to speak to an independent financial adviser to obtain further information about SIPPs and SSASs.

Need help right away?
Contact Clough & Willis

We can offer easy-to-understand advice on all areas of conveyancing and property law and will work our hardest to get you the best possible outcome - whether that is ensuring a smooth sale or negotiating a contract in your favour. 

Contact us today to speak to a property law solicitor by calling 0800 083 0815, or fill out an online enquiry form and we will get back to you at a convenient time.

 

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