AIM listing offers residential property to SIPPS

Trading New Homes is looking to raise a minimum £3m through a placing and offer to fund its business plan offering a route to tax efficient investing in residential property. Proceeds of the listing are intended for use in acquiring stakes in a spread of properties nationwide, from off-plan units to homes up to five years old with new home warranties still in effect. The business model intends to gear up profits by taking advantage of discounts offered by builders to those buying off-plan, while investors buying shares in TNH through their SIPPs or SSASs should still benefit from 40% ...