Today is:
Service France
SIPP Purchases of French Property
Services
We deal with the purchases of French property by SIPPs. This includes leaseback properties and other commercial properties. You will need to ascertain separately whether your SIPP provider will allow you to purchase French property and their fees.
Fees
These are a minimum of £6,500 made up of two elements:
- The SIPP structure set up and advice - a minimum of £3,500 (plus VAT). We will provide an estimate at the outset
- The conveyancing - including the report on title to the SIPP trustees. The conveyancing for a leaseback apartment or similar purchase is charged as for any non-SIPP transaction with fees starting at £3000 (no VAT). For other commercial buildings fees will depend on the nature of the property and the transaction. Please note our fees are exclusive of disbursements and in addition to the notaire's fees.
Please note that the costs generally do not make these transactions cost effective if the pension fund is less than £200,000. You must however make your own assessment of the cost benefit position.
Articles
- Selling Your Leaseback to Your SIPP - October 2007 update
- Selling your leaseback to your SIPP
- Finance Bill 2006 clarifies what you can invest in
- Buying a leaseback with your SIPP and yourself
- Interest grows in property schemes
- How to own your own slice of paradise
- How ROI residents can use Irish pension money to buy French property
- SIPPs in France after 5th April 2006
- Wealthy cash in on holiday flat loophole
- FAQ's on fees for buying French property with a SIPP
- How to structure a SIPP purchase of French property for syndicates