Land Fund FAQ's
Stirling Mortimer is a marketing company and the Promoter of the Stirling Mortimer range of investment Funds. An associate company Stirling Mortimer (UK) Limited is also FSA authorised and fully MiFID compliant.
The Stirling Mortimer No8 Fund; UK Land Ltd is Prospectus Approved by the FSA in the UK and fully Listed on the Channel Islands Stock Exchange (CISX).
The Fund will purchase land sited within the UK with at least outline planning permission. This land will not be developed the intention is to merely trade on at a higher value either immediately or within a medium term.
Investors can be SIPP or SSAS pension schemes, ISAs, Trusts and individuals or corporations directly.
The minimum investment is £20,000.
'Red Book' refers to the Royal Institution of Chartered Surveyors guidelines and to the format in which these reports are presented. The report includes a basic description of the property and its location, along with its market value.
Outline planning permission gives an official indication that it is possible to build on a particular piece of land.
Reference must be made to the main Prospectus but essentially the Fund is taxed within the Channel Islands at 0%.
Taxation advice; KPMG, Auditing; BDO Novus, Administration; HIFM, FSA advice Wragge and Co, Advocates in Guernsey; Ozannes, Bankers; RBSI Ltd
0% initial charge, 1.5% annual management charge.
November the 20th or when £100m is raised.
Contact 01242 251087 or enquiries@stirlingmortimer.com
Any authorised individual as the Fund has FSA prospectus approval.
Contact 01242 251087 or enquiries@stirlingmortimer.com
