The Secret To Receiving High Interest by Lending The Money In Your SIPP Or Your SSAS
Whether you lend your money backed with the security of residential or commercial property, or you lend to business, you could earn substantial interest for your SIPP or SSAS.
Ever Heard Of A Poor Banker?
So, if banking is profitable, shouldn’t you consider doing it with your SIPP or SSAS?
Here are three ways to lend money from your SIPP or SSAS.
SIPPclub features a number of fully packaged Loan Notes and Corporate Bonds on our Investments page.
Crowdfunding And Peer-To-Peer
SIPPclub's resource page contains detailed information for people who want to invest their SIPP or SSAS money in crowdfunding and peer-to-peer.
Third Party Loans
There will be people in your networks who you know and trust, who'll be willing to pay you a high fixed interest rate in return for a SIPP or SSAS loan, as you can see below.
It’s HMRC Approved
Just like a bank, your SIPP or SSAS is permitted by HMRC to grant loans. Essentially, you lend your money to individuals and businesses in return for a rate of interest. The money is paid into your SIPP or SSAS, tax free, to grow your fund to enable you to retire in comfort.
As traditional lending sources are less forthcoming these days, businesses are often willing to pay a higher interest rate to raise the money they require. That’s great for your SIPP or SSAS.
It’s A Very Simple Process
You and the business negotiate terms that suit you both. This includes the interest rate, when the loan is repaid and what additional security is available to protect your money. The paperwork is completed and your SIPP or SSAS operator releases money from your SIPP or SSAS. Within a matter of weeks, the deal is done.
It Can Be Really Profitable
If you’re lending to experienced property developers, you could be paid an interest rate of about 7% to 10%. If you lend to businesses, you could earn 12% or more. That’s significantly higher than average stockmarket growth, which is been around 5% over the last five years.
Discover How To Generate High Interest Granting SIPP Or SSAS Loans
Full information about earning interest through lending money from your SIPP or SSAS is available to SIPPclub Members only. It's set out in detail in our Members Area. Please select one of the buttons below, so you can see how lending money from your SIPP or SSAS can benefit you.
As SIPPclub neither advises on, nor arranges, nor recommends specific investments or strategies, we're unable to say whether a SIPP or SSAS or any investment within it is right for you. Ultimately, it’s your money and your decision, and you should only proceed once you're satisfied you've undertaken sufficient due diligence. If you need advice, you should speak to your trusted adviser, or you could find a local adviser from Unbiased.co.uk. Alternatively, we'd be pleased to introduce to a suitably qualified independent financial adviser.
Please read our full Terms which includes criteria for SIPPclub membership.