SIPP Valuations
Winfields can offer a professional valuation service of any property which has been invested in as part of a SIPP.

What We Offer

We offer a RICS Red book valuation service on all property which has been invested in as part of a SIPP. This can be done before or after am offer has been made. The valuation we give you can then be used to make sure that you are making the right investment for you and for the lender. 

Making sure that a properties value is worth the investment is an important part of having a SIPP. Our reports are able to give a comprehensive overview of what the building or site is worth, as well as make sure that any rent rates you pay are suitable.

What are SIPPs?

SIPP stands for Self-investment Personal Pensions and is a way to save for your retirement. Sipps were originally designed with the very wealthy in mind, however they are now a possibility for people of most incomes. This has been possible since 2015, with policy changes making them become more and more mainstream, thanks to pensions freedoms.

They take the control away from pension companies and the government and allow for the person to have control of where the money goes and how it grows. You control the investments.

In essence they are a do-it-yourself pension – you are responsible for managing the investments, so it is important you have the time and confidence to do this.

SIPP are an option for people who want all of their pensions in the one pot.

What can SIPPs invest in?

Here at Winfields we focus on the investments made in property and land, however when you have a SIPP you are able to invest in a number of things including:

§ Commercial property,

§  Stocks and shares,

§  Investment trusts listed on any stock exchange,

§  UK government bonds and bonds issued by foreign governments,

§  Unit trusts,

§  Open ended investment companies (Oeics),

§  Gilts and Bonds,

§  Exchange traded funds (ETFs) traded on the London Stock Exchange or other European markets,

§  Bank deposit accounts including non-Sterling accounts,

§  Real estate investment trusts on stock exchange,

§  Offshore funds.

 

Different Types of SIPPs?

Full SIPPs: 

§  Offer the widest form of investment,

§  They have the highest charges so are only suitable for people with larger incomes.

§  Full SIPPs are aimed at experienced investors – an involve investing
in harder things that require more sophisticated thought like commercial property.

§  Can be a flat or percentage amount invested,

 

§  Some have a start-up fee, annual management charge (usually 1% for
£50,000), and trading charges.
 

DIY or lite SIPPs:

§  Wide range of investment choices but does not include directly owning property, offshore funds or investing in unquoted shares.

§  DIY SIPPs are offered by investment platforms.

§  More suitable for people with smaller pension savings to invest.

§  They are usually ‘execution-only’ which means you take no advice from a firm.

§  Charges, as a result, are lower.

§  Typical charges are £10-£15 for an online trade.

§  You can pay an admin charge or a % platform fee, or both.

§  Dealing costs for buying and selling shares

Bristol

Henleaze Business Centre,
13 Harbury Road, Henleaze,
Bristol BS9 4PN
Tel: 01172 872199

Exeter

First Floor 3-4 Cranmere Court,
Exeter
EX2 8PW
Tel: 01392 984364

Taunton

Bridge House,
7 Bridge Street
Taunton TA1 1TG
Tel: 01823 765057

Plymouth

24-26 George Place
Plymouth
PL1 3NY
Tel: 01752 936567

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