Monday, June 02, 2014

UK buy-to-let pension pot

Britain's buy-to-let stock is fast approaching the value of the entire workspace pension saving according to the Telegraph. 

At £1.25 trillion the value of flats and houses owned by the 2 million landlords in the UK almost rivals the amount of £1.6 trillion amassed in workers pensions.  A recent landlord survey revealed that 78% of landlords saw their buy-to-let properties as their pension.

Property Hawk has long advocated the power of the buy-to-let pension as a way of providing either a large cash sum on sale of the property or an income generating pension pot. The attractiveness of buy-to-let pension has increased since the government has relaxed pension rules on how you take the proceeds of your pension pot on retirement.

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