Questions And Answers
My SIPP
asked by
Thomas Aiken
posted 2 Years ago at 11:57
Can I use my own solicitor in connection with a purchase of commercial property for my SIPP
1-2 of 2 Answers
Jane Handley answered 2 Years ago at 13:20, last modified: 2 Years ago at 12:20
As far as I'm aware you can use your own solicitor (and valuer). But best to check with your provider first, they might have their own rules on this. J
Chris Redfearn answered 2 Years ago at 16:19, last modified: 2 Years ago at 15:19
I have used a couple of different providers for SIPP Commercial Property purchase schemes. In both instances the client was able to appoint their own solicitors. Interestingly, howewer, one company was happy to use a single solicitor to represent both purchaser & seller, whereas another SIPP provider insisted on appointing two solicitor firms to represent each party. On the basis of efficiency and cost, i'd recommend looking for a provider willing to use the single solicitor option.
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