000 01053cab a2200181 4500
001 L129509
008 050426n2005 000 0 eng u
035 _a(Sirsi) u129509
041 _aeng
100 _aBirch, Julian
245 _aRich pickings
260 _c2005
490 _aRoof
_v30(3) May/June 2005, 22-23(2)
520 _aReports on two outcomes of the 2005 budget that will affect the housing market: the cut in stamp duty to assist first-time buyers and allowing the purchase of residential property by holders of Self-Invested Personal Pensions (SIPPS) from 6 April 2006. The two groups could come into unintended competition for the same properties with the high-earning pension investor winning out. Explains what SIPPS are and what they will be allowed to invest in. Presents a range of professional opinions on the SIPPS initiative including criticisms. The potential value of the SIPPS market is estimated to be between £1bn and £4bn.
590 _aIKA290405
690 _aPROPERTY-PROPERTY FINANCE AND INVESTMENT
942 _n0
999 _c75137
_d75137