×

NORTHWEST PROPERTY NEWS

Wednesday September 30 2015

Davis Blank Furniss Launches Fixed Fee SIPP/ SSAS Package




Davis Blank Furniss Launches Fixed Fee SIPP/ SSAS Package

Davis Blank Furniss - the Manchester & Glossop based law firm - has this week launched a fixed fee service to clients who want to buy a commercial property via a SIPP (Self Invested Personal Pension Scheme) or SSAS (Small Self Administered Scheme). The launch follows a 35% rise in enquiries for this type of transaction over the past year.

The popularity in tax-efficient SIPP/ SSAS purchases has been growing as they allow business owners to release equity from their current business premises, or facilitate the purchase of new commercial premises. The kinds of properties that can be purchased in this way include: industrial units; offices; retail premises; hotels and pubs.

The fixed fee services are as follows:

~ Purchasing a property for a price of under £1m: £2,000 plus VAT & disbursements.
~ Preparing a lease for the occupying company: £1,000 plus VAT.
~ Dealing with funder & pension provider: £1,000 plus VAT
~
Richard Hamilton, head of Davis Blank Furniss’s Property team, commented: “We’re excited about the launch and it has really come about as a direct result of client demand. Commercial property is still seen as a strong long-term investment so being able to invest in a tax-efficient way makes it even more attractive.

Richard added: We want to make the process as simple as possible and the new fixed fee service is a simple way do doing that.”

 



""








DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.






RECOMMENDED FOR YOU ON ENTIRELY NORTH WEST






















































Discover the latest Industry News & Opinions on Entirely














We build powerful Financial Models for critical business decision makers.