A pensions expert says the buy-to-let market is set to boom, as a result of the potential tax advantages of putting their buy-to-let properties into pensions.
John Lawson, marketing technical manager at Standard Life, says individuals in the UK will cotton onto the benefits quickly and in London, he argues, the ball is already rolling. Lawson points says the current size of the UK buy-to let market is around £100bn. Standard Lifesays it intends to advise its clients on the advantages of putting pensions into a buy-to-let property, but would not advice single homeowners to follow suit. A recent survey from Sipp specialist, A J Bell has found that 64% of respondents will, or are likely to use, their Sipps to purchase residential property af...
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