Investors should be wary of sipp mis-selling - RICS

After A-day, residential property, both in the UK and overseas, can be held in a sipp for the first time, leading to industry speculation of a property bonanza which will boost both the buy-to-let and wider residential markets. In contrast, however, the new report from Rics forecasts a steady flow, rather than a mad rush of property into sipps. Although this is likely to make regional property hotspots such as the North East more in demand due to lower house prices, it will have minimal impact on the rest of the market. The report predicts up to 160,000 extra residential properties may be...