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Issue

Darren was looking to purchase a secure storage facility for his growing local business, Tailored Flooring. As one of our existing clients, he sought our advice about how he could make a successful purchase.

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Our Approach

We researched and assessed several options which include purchasing his new property through his company or whether he should make the purchase in his own name. After analysing the options, we felt the most appropriate solution was to utilise his existing pension funds to fund the purchase of the property using a self-invested personal pension (SIPP) to facilitate this.



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Result

A SIPP offered Darren the opportunity to use his the pension fund to purchase the property without needing additional personal borrowing or funds.

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41 North View,

Westbury Park,

Bristol BS6 7PY

0117 907 1965

info@absolutewm.co.uk