The House Crowd has launched its own Self-Invested Personal Pension (SIPP) that earns up to 10% a year tax free. The scheme is provided in partnership with regulated SIPP provider Morgan-Lloyd.

SIPP users will now be able to invest in The House Crowd’s Secured Peer To Peer Bridging Loans, Peer to Peer Property Development Loans and Auto-Invest products via its new offering. The tax efficient pension solution requires no tax on capital gains or income, other than equity dividends. Contributions attract tax relief and lump sum benefits payable on death and retirement are also tax free.

There is no minimum investment requirement and The House Crowd itself will not deduct any fees from the returns quoted for any investment made through a SIPP.  The SIPP provider partner, Morgan-Lloyd, will agree and administer all fees with SIPP clients.

Frazer Fearnhead our founder and CEO noted:

“Since Gordon Brown altered the pension rules in 2006, it has been extremely hard for anyone who likes property as an asset class to use their pension to invest in property based assets.

In partnership with Morgan Lloyd after years of working to finds a way, we are finally able to offer people who have a SIPP (or SSAS)

to benefit from the attractive rates of return  provided by our  property backed investments with all the tax benefits of a pension.

“It’s also worth remembering that our loans are secured against property, with a first or second legal charge, and have a conservative loan to value ratio. So, while losses are possible, our property has an inherent value that presents a more secure investment than traditional investment products.”

SIPP investors may select their own individual investments or choose an auto invest product which automatically diversifies their funds over a number of property development and bridging loans.