-
 Exterior industrial business units with coloured roller shutters

SIPP and SSAS loans

Borrow against your pension fund

Get a mortgage for a commercial property with self-invested personal pensions (SIPP) or a small self-administered scheme (SSAS).

To find out more and apply, email us at nationalpensionsdebt@barclayscorp.com

Any property used as security, which may include your home, may be repossessed if you do not keep up repayments.

What are SIPP and SSAS Loans?

SIPP and SSAS loans are structured finance solutions that allow you to buy a commercial property through a pension scheme.

To apply for this type of property-backed, pension-linked borrowing, you’ll need to have set up either a self-invested personal pension (SIPP) or a small self-administered scheme (SSAS). You can do this through a professional provider or an authorised independent financial adviser, but you should discuss their suitability first and ask for advice on the effect they’ll have on your pension plan and investment structures.

Our specialist pensions team will provide more information about the lending criteria and process involved in a SIPP or SSAS property loan, and will work with you to structure a loan that meets your financial needs

Why borrow against your pension scheme?

Structured funding for commercial properties

Use your pension funds to buy a commercial property to rent out, increasing the pension’s net value.

Potential tax benefits

Borrowing against a pension fund has possible tax benefits. We recommend you seek independent financial advice on this.

Loan-to-value up to 70%

Borrow up to 70% the cost of the property against a pension fund.

Structured to your specific requirements

A choice of interest rate types – fixed or floating (linked to the Barclays Bank Base Rate) or a combination of both. Fixed rates are available for up to 10 years. If you cancel or chose to repay your mortgage early, breakage costs may apply

Lending available up to 50% of the net value of your pension fund

Payments on a capital and interest basis

We will have first legal charge over the property

Arrangement, valuation, security and prepayment fees, and associated borrowing costs will apply

How the application works

  1. Email us at nationalpensionsdebt@barclayscorp.com to apply for a SIPP or SSAS property loan.
  2. We’ll instruct a bank-approved partner to value the property. We’ll let you know how much this will cost in advance, and it’ll be non-refundable.
  3. You or your independent financial adviser will need to give us three years’ financial accounts for the company that will rent the property.
  4. We’ll then assess the mortgage.
  5. If approved, we’ll send a facility letter to your pension provider and the legal paperwork to solicitors.

You may also be interested in

Loans for large purchases or investments

Unsecured borrowing that helps businesses spread the cost of a purchase over a set period1.

Borrow up to £100,000

Fixed or variable rates

Monthly repayments from one to five years

Mortgages for commercial properties

Whether you need to buy a new building or release equity from your existing one, a commercial mortgage could be the answer2.

Borrow from £25,000

Buy new premises or release equity in your current buildings

Fixed and variable deals from 1 to 25 years

All business borrowing

We can help you get off the ground or expand

Explore all of our business options

Higher loan1 and overdraft3 amounts might be available if you call 0333 202 74314