Did you know that once a property purchase has completed, the ownership shares can be altered at any time? This includes increasing/decreasing the ownership share, adding new members to the SIPP group or purchasing additional shares from a third party amongst other options.
There are many reasons why someone may choose to complete a change of ownership, the good news is that with an InvestAcc Minerva SIPP, this option is available at any time after the original purchase completes.
For illustrative purposes, we’ve given three examples of this below.
A group of three Minerva SIPP members already own 100% share.
On completion of this reallocation, the ownership is altered to the below.
In this example, Brian and Christina are selling shares and James is purchasing.
A group of two Minerva SIPP members own a 60% share, the remaining 40% is owned by an unconnected third party. A third member is to be added to the group, rearranging the ownership structure.
We receive instruction that Paul is setting up a SIPP with InvestAcc and would like to purchase 10% from Ellie and 10% from Gary.
On completion of this reallocation, the ownership is altered to the below.
In this example, Ellie and Gary are selling shares and Paul is purchasing from both.
A group of four Minerva SIPP members own an 80% share, the remaining 20% is owned by their business. A fifth member is to be added to the group and the remaining
We receive instruction that Grace is setting up a SIPP with InvestAcc and would like to purchase the remaining 20% share from their business.
On completion of this reallocation, the ownership is altered to the below.
In this example, all the existing group members are remaining the same and Grace is acquiring a 20% share in her newly opened SIPP.
To proceed with any type of reallocation, clear instruction should be emailed to our property team [email protected]. Depending on the value of funds to be moved, a Solicitor may need to be involved to amend a Declaration/Deed of Trust, add or remove a member from the land registry title, complete a Stamp Duty Land Tax return and make a Stamp Duty Land Tax Payment. Tax will be different dependent on whether the property is in Scotland, Wales or Northern Ireland.
Where possible, we will reallocate the shares internally and confirm completion of this in writing. Alternatively, the Solicitor will prepare a completion statement and request funds, this will always be the case when the SIPP is purchasing shares from a Third Party.
Lastly it is important to note that an updated property valuation will be required to ascertain the purchase price where parties are connected. Members who own a property together and then wish to reallocate shares as in example 1, are classed as connected parties.
For more information or if you have any queries, please contact us.
November 22nd, 2025
The Minerva SIPP can invest in a wider range of assets including commercial property and land, on an individual or group basis. Any combination of permitted investments may be made within a Minerva SIPP including deposit accounts, DFM, open market platform/wrap accounts, stockbroker accounts and trustee investment plans, all held together within the same SIPP.
SIPP Lite is a lower cost option, for those that do not require multiple investment accounts, or access to commercial property and land at outset. SIPP Lite members are restricted to a maximum of one investment account, to run alongside the default SIPP bank account. This investment account could be another bank account or ONE of the following: stockbroker account, DFM, open market platform/wrap account or a trustee investment plan. For individuals that require additional investments at a later date, including commercial property and land, they can upgrade their SIPP Lite plan to a Minerva SIPP.
A Small Self-Administered Scheme (SSAS) is a type of UK registered pension scheme. Each SSAS is governed by its own trust deed and rules and is a separate legal entity to the sponsoring employer. The sponsoring employer establishes the SSAS and invites members to join. Any individual employed by the sponsoring employer (or a participating employer) may join the scheme and all members are appointed as trustees alongside the professional trustee. SSAS trustees have a very wide range of investment options, including the ability to make secured loans to the sponsoring employer of up to 50% of the net asset value of the scheme, subject to certain conditions.
We have been operating in these markets for over 20 years. The SSAS business was formed in 1997, and in 2003 we launched our flagship product, the Minerva SIPP. The range is completed by SIPP Lite, which has been available since July 2012.
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