SIPP loans will only be acceptable if they are genuine investments of a pension scheme and are made on commercial terms.

Loans to individuals (including members), partnerships or trusts, or companies connected with members are not permitted. Loans can also not be made to collective investment schemes.

We will not allow individual unsecured loans to UK limited trading/non-trading companies. Syndicated loans will be considered on their own merits. SIPP loans must be constructed as genuine investments. We reserve the right to request the information that will allow us to consider and approve SIPP loans.‚Äč

Secured SIPP Loans to UK trading companies:

 
  • We will consider loans up to 95% of the net market value of the SIPP at the point of advance provided it is secured by a first charge on property with a loan to value of no more than 70%. A minimum SIPP fund size of £60,000 is required
  • A balance of at least £5,000 in the default bank account must be maintained after the loan has been made

Each loan will be assessed and approved based on our requirements: please read our Guidance notes before completing and returning the secured loan to a UK trading company questionnaire.

Secured SIPP Loans to UK non-trading companies:

 
  • We will consider loans up to 95% of the net market value of the SIPP at the point of advance provided it is secured by a first charge on property with a loan to value of no more than 70%. A minimum SIPP fund size of £60,000 is required
  • A balance of at least £5,000 in the default bank account must be maintained after the loan has been made

Each loan will be assessed and approved based on our requirements: please read our Guidance notes before completing and returning the secured loan to a UK non-trading company questionnaire.

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