Huge backlogs are hurting retirement savers as pensions firms paper work is restricting people aiming to take advantage of pension rules before the big change on the 6 of April where the tax breaks will not be as good for residential buy to let but bear in mind you can invest in commercial property through a Sipp.
You need to check with your broker how long it will take to clear the paperwork depending on the company it can take thirty to forty days.
You could hassle your provider and see if they could make an exception for you or if you have freehold that could speed up the process.
Comments