Brian Northfield

Brian Northfield
GuestInvest SIPP Investor - Nest

Brian Northfield, a financial adviser with over 30 years experience and a partner in financial services company, Challenger Financial Services, lives with his wife and two of his children in Sheffield. He put down a deposit on a room at Nest as part of his Self-Invested Personal Pension (SIPP).

Brian has a growing portfolio of residential buy-to-let properties, but was attracted to GuestInvest after the Chancellor's decision not to include residential properties in SIPPs. Brian comments, "As a landlord, I feel comfortable with investing in the residential market, but I wasn't so sure about managing a commercial tenant. To me, GuestInvest offers the semi-commercial option - allowing me to dip my toe in the market, but with the support of a management team behind me."

Under the GuestInvest concept, Brian owns a fully-maintained under a 999-year lease. However, as a SIPP investor, he must pay

commercial rates to stay in his room in order to qualify for the tax benefits associated with SIPP investments. This arrangement works perfectly for Brian - he prefers to maximise his income by letting the room out. He adds, "Investing with GuestInvest has given me the flexibility that I need, offering me a chance to profit from rising property prices and increased tourism in the run-up to the 2012 Olympics, while also freeing up time and capital for me to pursue other ventures and broaden my financial portfolio."

Brian has a strong belief in London, adding "I expect total returns from my room to be in double figures and in the meantime I benefit from a regular income that I can use to increase the cash in my pension fund, reinvest it or draw as income. "The performance of the London property market since I put down a deposit only leads me to believe that I made the right choice when I purchased my room at Nest."

For more information on opportunities with GuestInvest please call 020 7747 6880.