000 01536cam a2200205 4500
001 ##L131467
008 051107n2005 000 0 eng u
035 _a(Sirsi) u131467
041 0 _aeng
050 0 4 _a332.6324 $2 18
110 1 _aRoyal Institution of Chartered Surveyors
_bPublic Affairs
_94679
245 0 0 _aA-day
_bimplications for the housing market
260 _aLondon
_bRICS
_c2005
490 0 _aRICS Briefing Paper
_vOctober 2005
520 _aReports on the probable impact on the housing market of the changes to the self-invested personal pensions' (SIPPs) regime from 6 April 2006 (A-day) From that date residential property (UK and overseas) will be allowed in a SIPP for the first time. SIPPs are likely to intensify regional property hotspots but will have only a modest impact on the majority of the market. RICS forecasts a steady flow of property into SIPPS, up to 160 000 extra property purchases over the three years after A-day. Potential property pensioners are most likely to be existing second home owners (male, higher-rate tax payers aged between 45-64) who have already had exposure to the property market through buy-to-let. Warns investors to be on guard against being sold inappropriate financial products.
590 _aIKA081105
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY FINANCE AND INVESTMENT
856 4 0 _uhttps://www.rics.org/Property/Propertyfinanceandinvestment/adayimplicationsforhousingmarket.htm
_zView the report free of charge at www.rics.org...
942 _n0
999 _c104771
_d104771