Important Update on SIPP's concerning Florida Property - December 5th 2005

Brown throws residential properties out of Sipps...

Chancellor Gordon Brown has thrown residential properties out of Sipps in today's pre-budget report. Sipps and all other forms of self-directed pensions will be prohibited from obtaining tax advantages when investing in residential property and other exotic assets such as fine wines.

The report states that the action has been taken to ensure tax relief is only given to those whose purpose in making the contribution is to provide themselves with a secure retirement income.

We are very disappointed about this late turn of events and will update this page if and when the decision is amended.

Does Your Self-Invested Personal Pension (SIPP) own a Florida Villa?

If not, perhaps it should!

On April 6, 2006, the rules governing UK self-invested personal pensions may change dramatically to allow, for the first time, investment in residential property, including buy-to-let villas, condominiums and condo-hotel rental apartments anywhere in Florida!

If you don't have a self-invested personal pension plan, why not speak to a pension plan advisor to see if one makes sense for you?

The British Homes Group Florida has compiled a short list of selected SIPP advisors in the UK. This independently compiled UK Sipp Advisor list is available free-of-charge to all past and present British Homes Group clients.

If you do have a self-invested pension plan and are looking for a Florida investment property, why not contact our Orlando-based real estate agency, BRITISH HOME SALES Florida, Inc

Search over 20,000 investment properties online! Some of these Florida investment properties may be both ideal for your Sipp as well as provide you with a special 'sunshine dividend' - that is, your very own place in the sun!

BRITISH HOME LOANS Florida, Inc the Group's mortgage brokerage company, specialises in arranging low-cost Florida mortgages, either in US dollar or UK sterling currencies, for UK residents purchasing Florida property, thus providing a true one-stop shop convenience!

For more Florida SIPP investment property information, in absolute confidence and without obligation, please call our UK to USA free-phone number: