Have pension reforms got you asking how to invest in residential property?

April’s pension reforms mean that from the age of 55 onwards people have access to their entire pension pot, and this has led many more people than before to consider residential property investment as an option.savers quote 29th

The reforms remove the need to buy a traditional annuity and give access to more investment options. Savers can dip into their pension pot multiple times and get 25% of each withdrawal tax free, the remainder is taxed at income tax rate.

Finding the right property, at the right price can bring income and capital returns, but we understand that investing in property for the first time can lead to many questions.

Depending on your investment budget, yield and capital growth expectations, as well as your time commitment, it may be that a single let or multiple occupancy student property will suit you.

Since the introduction of HMO licensing (Read our blog explaining House of multiple occupancy here) we have become reputable specialists in finding and developing properties as well as gaining licenses and working closely with tenants to ensure their proper use.

29 th right investment quoteAs specialists in residential property we are here to listen to your investment goals. Finding the right investment for you and your budget to meet your expectations is our expertise. Many of our properties are not marketed on the open market so we really can offer you excellent returns.

We will also deliver personal attention to your properties and work on site with contractors and tenants. Our specialist letting team will keep you up to date on all of the latest legislation too.

For those not yet at pension age investing in buy-to-let can boost your pension pot, and reduce your tax bill. Money gained from a buy-to-let investment can be put into your pension where you can get up to 40% tax relief on contributions up to the pension limit of £40, 000.

If you would like to find out more about how to invest in property please get in touch with the team at Cairn. We are happy to answer any of your questions.

You can contact us several ways, through our website, via email, or by calling us on: 0141 270 7879. In addition you’ll find us on Facebook, Twitter, and LinkedIn where our staff will be more than happy to answer any questions you may have.