Posted on 29/08/2018
Dentons has always taken a flexible approach to holding commercial property within its self-invested pensions, both SIPP and SSAS, allowing clients to choose a lender, solicitor and surveyor.
We also offer the freedom for clients to manage their own commercial property. This can have significant cost benefits for clients but it is essential that they undertake the necessary property management functions which include the following:
These are just some of the duties that need to be carried out if you self-manage a commercial property: for a more detailed overview please see our Self managed property flyer.
However we recognise that not everyone has the time to self manage their pension scheme’s commercial property and we can arrange full property management services, if required.
Please note: Dentons has a duty to ensure the relevant property management functions are carried out and we will be obliged to take appropriate action to redress any short comings.