This week we thought we’d help those weighing up whether best to invest in property or pensions, with the help of a useful article from a national newspaper
However, when thinking about investing your hard earned money we’d like to draw your attention to the way in which properties are typically managed in the UK. Take a look at your local High Street and empty commercial units. Empty commercial property sits empty for an average 29 weeks in the UK. Often secured with basic locks and (possibly) an alarm. Every week or two weeks insurers want the property inspected. At a cost of £35 upwards for every inspection carried out by a third party. So for any portfolio or fund holding 100 empty properties, these are costing the fund holders business rates and £50,000 over 29 weeks at least…
Umbrella can secure these empty units, save on business rates and the inspection costs. Saving pension and asset funds thousands of pounds rather than your pension money being used to fund the vacant periods. Wouldn’t you prefer to invest where the units are maximised rather than eating into any potential return on your investment?
#propertyguardians #emptyproperties #commerciallandlord #umbrellaguardians