Bricks and mortar…and advice

PROPERTY

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Advisers should not be so quick to deem property too transactional or complex, writes Lisa Webster, senior technical consultant at Hornbuckle Mitchell.

Hear the word property and it might conjure up images of first flats, buy-to-lets and possibly even a nice little retirement cottage in the countryside. What is less likely to spring to mind is commercial property. This asset class hasn’t had the easiest of rides; prices plummeted at the height of the debt crisis and scrutiny by the Financial Services Authority (FSA) has meant it’s often referred to as an esoteric investment. While the latter may be true for those investors who daringly opted to plough their pension pot into a zoo or football field, advisers could be missing a tric...

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