But while the headline process may be easier, couples going through the legal stage of break-up are still experiencing many challenges. Heralded as a new dawn for parting couples, the Divorce, Dissolution and Separation Act 2020 aimed to streamline the divorce process when it became law in April 2022. The legislation has made divorce less
SIPP / Pension property
At Farnfields we regularly assist in commercial property within personal pension arrangements. We work closely with financial advisers in dealing with properties in a SIPP (Self-Invested Personal Pension Scheme) or in a SASS (Small Self-Administered Scheme) which are often tax-efficient ways to own a commercial property).
Commercial property invested in pension schemes can include offices, factories, warehouses, mixed-use properties, investment properties, restaurants, public houses and much more. We are well-versed in dealing with freehold and leasehold commercial property transactions.
It is important you understand the procedures involved when buying or selling property especially when they are going into or leaving a pension scheme. Every commercial property transaction is a bespoke transaction and therefore we know the importance of understanding your objectives.
We regularly work with industry recognised professional pension trustees and often with mainstream lenders who are involved in providing finance for an acquisition or sale.
We have extensive experience in all sorts of properties at all values, whether in a city, town or rural location. We have strong relationships with local and regional agents who are often involved in pension-related properties.
Putting properties in pension schemes is a specialised transaction and you can rest assured that Farnfields will guide you every step of the way.
Enter your details below for the latest news and legal updates.