Capitalflow is delighted to launch its new Pension Mortgage Product to the market, as part of the team’s growing property activity. A pension mortgage allows you to buy a property through your pension fund. The product has only recently been announced with Revenue issuing updated guidelines. It an attractive option for pension holders, with the income within the fund exempt from taxes including Income and Capital Gains Tax (CGT) until withdrawals are made from the fund, subject to a tax free lump sum of €200,000.
With more and more assets coming out of international funds, the pension mortgage can be a financially beneficial product that many people are not aware of. While property is a more complex investment in comparison to most other asset classes, its income generating potential make it, in most instances, a very good long term income generating asset. While it is a cyclical asset class, timing can be important although less so for long-term investors.
The Capitalflow Property Team started trading in December of 2017 and started with a team of 3. The property team has now grown to 14 in the frontline and supported by a team of 5 from Credit and Portfolio Management. The overall Capitalflow team is now at 7o people. Capitalflow’s target property market is sub €5m, with term and bridging loans ranging from €150,000 to €5m. Most borrowers require loan facilities to refinance their existing debt holder, or seek to acquire new assets or require an equity release.
For more information on this exciting new product, contact Marc Hawthorne on firstname.lastname@example.org