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How can I become a member of a Lewis Innovative Investment SIPP Syndicate? |
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Contact us to arrange to see one of our advisers who will discuss the details with you in full. If
you then wish to participate you will be asked to pay the commitment fee of £300.00.
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Who will pay the acquisition fees? |
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These costs are split proportionally between all members and met from their pension funds.
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How is my interest known? |
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A property fund is established and notionally divided into proportions determined by your
investment. Your plan will hold your proportion of the property purchased with your fund.
The value of your plan is calculated by reference to the property value, outstanding mortgage
and cash balances.
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Am I free to retire and draw my pension as normal or leave the syndicate at any time? |
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Yes, your proportion of the property would be offered to other members of the syndicate, who
could if they wish increase borrowings to help acquire it. If this was not taken up your proportion
of the property would be offered to other people who are interested in joining an existing syndicate.
Another option is to use your part of the rent as your pension income (only available to age 75).
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Would it not be more financially viable for me to leave my pension where it is currently? |
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We believe that property should form part of any well balanced portfolio. Joining a SIPP syndicate is an
excellent way to make a direct property investment.
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Who administers the plans? |
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Day to day administration is handled by Pointon York under guidance from Lewis Innovative Investment. The syndicate has
a simple set of rules and ultimately it is the members of the syndicate who have the say on what's done. |
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Why is this a good investment? |
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Whilst this is not a risk free investment, the quality of the tenants, location, anticipated future rental
increases and potential capital appreciation should substantially enhance the return.
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