A Guide to Buying Property with Your Pension

A key feature of pensionproperty.ie is the overall, comprehensive level of service through all stages of the purchase. The transaction is handled directly by us which means the investor is free to focus on pension investment strategy.

We can facilitate purchases in Ireland and the UK. If an investor wishes to purchase property outside Ireland and UK, this can be complicated, however our team has the knowledge and expertise required to provide the structure to facilitate this.

Property purchases are facilitated through ITC’s exempt unit trust structure and a specific sub-fund is established to hold each property. As a result, when borrowing to purchase a property, the other assets of the pension scheme are protected as the bank’s only recourse is to the assets of the sub-fund and not the pension itself. Furthermore, where VAT arises on a purchase, the sub fund itself can be registered for VAT without having to register the entire pension fund for VAT.

Because ITC’s exempt unit trust structure is used, the property can be transferred to an ARF on retirement without the need to pay legal fees, Stamp Duty or Capital Gains Tax.

For more information on any of the above points please contact us.

Independent Trustee Company Limited, as part of the ITC Group, is regulated by the Central Bank of Ireland. 

Please note that the provision of this product or service does not require licensing, authorisation, or registration with the Central Bank of Ireland and, as a result, it is not covered by the Central Bank’s requirements designed to protect consumers or by a statutory compensation scheme.