Pensions and Property

Making your Pension Work for You!

Property Club International has created new and unique funding options for overseas investment properties by bringing together, for the first time, SIPPS and QROPS in a tax efficient vehicle that preserves savings and puts your pension fund to work instead of your hard-earned cash. After all, the money in your pension fund is yours; why should you not be able to use it?

In recent times, pension funds have been hit by stock market downturns, property price falls, lower gilt edged bonds - all the staple investments of prudent fund managers. Since April 2006, it has become easier to oversee the management of your pension fund and now PCI brings you the ultimate investment that boosts your pension fund, preserves your cash and takes full advantage of the tax benefits of a pension.

Sun Village Communities is the first investment to allow you to use these fully compliant mechanisms whether you intend to move overseas or not.

If you are intending to retire abroad, let us help you transfer your current pension to QROPS - an HMRC Qualified Recognised Offshore Pension Scheme - and get the benefits:

• All contributions are net of income tax and are grossed up to your highest rate
• Use your pension fund to purchase the property
• Up to 30% lump sum on retirement
• NO NEED to buy an annuity
• Full balance available to your beneficiaries
• Up to 25% loanback from your fund
• Make Additional Voluntary Contributions tax free
• Receive income and make payments without HMRC reporting (after 5 tax years abroad)

Even if you intend to stay in the UK, PCI has the answer for you by allowing you to purchase your property with your SIPPS (Self Invested Personal Pension Scheme)

• Use your Pension to Purchase your Property
• Keep your cash savings intact

Our unique combination of Pension Funding and Mortgages with Guaranteed Income means you only have to pay 5% down and let your pension do the work!

Mortgages for Cyprus are readily available from the local banks.

• Up to 90% LTV
• Typical APR 8.25%
• 10 - 20 Year Term
• Simple pre-qualification online
• Subject to status

For most EU buyers, investors and developers we can now arrange finance in their chosen International country of purchase, based on the security of their Overseas Property. That means, that there is no longer a need to release equity from personal homes, investment properties etc which in the past has been restrictive. Property Club offers our members greater freedom to increase your property portfolio through the purchase of overseas property.

Our process couldn’t be simpler. For just £250, we will pre-qualify your application. Our aim is to obtain for you an ‘Approval in Principal’. We will advise you accordingly and match your expectations as will allow. This will give you a fast and easy decision on the amount you wish to borrow in your chosen country. In order to meet the different lending criteria of the countries covered we have to ask you to provide us with detailed information including your financial situation in the questionnaire provided.

We will be happy to answer any questions you have so do not hesitate to contact us and we will endeavor to assist you with any financial lending requirements.

• Submission fee GBP 250 non-refundable
• Application fee on approval in principle GBP 250
• Valuation Fee typically GBP 295 (arranged by Lender)
• Typical Completion fee 1.5% - 2.5% on drawdown
• DASK insurance & Property Insurance

* Please note costs may vary between countries

For Full Details on Turkish Mortgages, please click here
For Full Details on Egyptian Mortgages, please click here

• Self employed & retirees normally accepted
• Full rental income can be taken into account when banks assesses affordability for client
• A completed property may be defined as 75% from completion
• Loan offer can last for 4 months and can normally be extended to 18 months (extra commission may be required to process this request)
• No life insurance required
• Loan interest rates fixed or variable
• Available in different currencies