Free SIPP Administration Fees for Qualifying Investment (‘the Offer’)

Qualifying Investments

  1. The Offer will be available for new and existing Bricklane.com customers who make one or more investments with Bricklane.com through a “SIPP” (Self Invested Personal Pension) opened with Hartley Pensions Limited (“Hartley Pensions”), either directly, or with a financial adviser
  2. The minimum threshold for Qualifying Investments is £25,000 invested across any Bricklane.com REITs eligible for inclusion in a Hartley SIPP.
  3. Total Investments are calculated gross of any transaction fees paid, net of any withdrawals from Bricklane.com funds, and do not include movements in investment value subsequent to the investment.
  4. Total Investments must be greater than or equal to this minimum threshold for a SIPP investment to remain eligible for the Offer.
  5. Investments must be completed using funds that are new to the Bricklane.com platform.

Administration Fee Waiver

Qualifying Investments will be eligible for a fee waiver on the Hartley Pensions “Abacus SIPP” wrapper (including both setup and ongoing administrative fees while uncrystallised).

As at October 2017 the Abacus SIPP wrapper fees are £125+VAT for setup, and £175+VAT as an ongoing annual charge. When a SIPP is crystallised Bricklane.com will continue to pay £175+VAT annually toward the cost of SIPP administration. Full details of the fee schedule can be found at http://hartleypensions.com/bricklane-reits/

Bricklane.com will make an equivalent monetary contribution to SIPP annual administration fees for any other Hartley Pensions SIPP wrapper (e.g. the Prosperity SIPP), subject to confirmation from the Bricklane.com support team.

General

  • Bricklane.com reserves the right to withdraw the offer at any time.
  • Bricklane.com is the sole arbiter of these rules and any other issue arising under this promotion.
  • An invitation to participate in this offer does not provide assurance that you will be accepted as a customer of Bricklane.com.
  • Standard terms and investment terms relating to your use of Bricklane.com apply and are not affected in any way by this offer.
Capital at risk

The value of your investment can go down as well as up. If you want to sell shares, there is no guarantee that you will be able to find a buyer for your shares within a reasonable timeframe at a price that is acceptable to you. The REITs invest in residential property, which are not highly liquid assets. Rental yields and dividends may be lower than estimated.

Tax rules and allowances depend on individual circumstances and may change in the future. If you are unsure about whether investment is right for you, you should seek independent advice before investing, including tax advice.