Professional Realtors in Christchurch

𝗣𝗲𝗻𝘀𝗶𝗼𝗻 𝗩𝗲𝗿𝘀𝘂𝘀 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆: 𝗪𝗵𝗮𝘁’𝘀 𝘁𝗵𝗲 𝗕𝗲𝘀𝘁 𝗢𝗽𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀? What’s the best way to build a nest-egg for your retirement? Let’s look at two popular forms of investment: buy-to-lets (BTL) and pensions*. 𝗕𝘂𝘆-𝘁𝗼-𝗹𝗲𝘁𝘀 ◾ Landlords can enjoy a monthly income plus capital growth. ◾ Demand for rentals is high - a trend that looks set to continue. ◾ Investors can buy in up-and-coming areas before prices surge. 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 ◾ Landlords have legal responsibilities and obligations. ◾ Property prices and rents can fluctuate. ◾ You may have to pay capital gains tax if you sell up. 𝗣𝗲𝗻𝘀𝗶𝗼𝗻𝘀 ◾ You may be able to claim some tax relief on pension payments. ◾ Your employer may make contributions. ◾ You can take out small sums (age permitting). 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 ◾ Commonly you must be 55 to access your pension (this will rise to 57 in 2028). ◾ Most pension funds invest in stocks and shares, these can rise and fall. ◾ Pension providers charge fees. 𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀 𝘁𝗼𝗱𝗮𝘆 𝗳𝗼𝗿 𝗶𝗻𝘀𝗶𝗴𝗵𝘁 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗹𝗼𝗰𝗮𝗹 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗺𝗮𝗿𝗸𝗲𝘁. *Consult a financial adviser for personalised recommendations.