Pension freedom & buying to let'

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Pension freedom & buying to let'
'Pension freedom' reforms will give folks greater power over how they spend, save or invest their retirement living pots from this April (2015). Key changes include removing the need to buy an annuity to provide income until you die, giving access to invest-and-drawdown techniques previously restricted to wealthier savers, and the axing of a fifty-five per cent 'death tax' on pension pots left invested.
Furthermore, savers won't be limited to a single chance to take a single tax-free one time payment worth 25 per cent of their pension pots, with the rest taxed as income afterwards. Instead, Chancellor George Osborne has announced that people should be able to dip in and make as many withdrawals as they want, each time getting 25 per cent tax-free and the rest taxed like income.
The changes apply to people with 'defined contribution' or 'money purchase' pension schemes, which take contributions from both employer and employee and invest them to provide a pot of money at retirement. They don't apply to people that have more generous gold-plated 'final salary' pensions which provide a guaranteed income after retirement.
Do you want to become a buy-to-let landlord to fund your retirement living?
Buy-to-let property has proved an attractive investment for many people, especially given the choices in recent years. The financial meltdown triggered huge stock market volatility, while central bank stimulus efforts have decimated savings rates. Those seeking better returns have turned to the property market, and unless they were very imprudent or unlucky, the guess has paid off handsomely.
Prices have stayed buoyant, not merely providing capital gains but making home ownership prohibitive for many people who were forced to carry on renting, which has provided a convenient stream of tenants for buy-to-let landlords. The Government has used various measures to prop up the housing sector, like its Funding for Lending and Help to Buy techniques. Now its pension freedom reforms could create a new buy-to-let boom, probably pushing up prices again and making this a far better investment prospect.
Like all other buy-to-let investors, you will have to do your sums and work out whether it's really the best option for you. Compare the potential rental income to what you'd get on an income-based investment fund or a fixed rate savings account. You also need to be willing to perform some research into the best area to buy in, and the type of house that will be easiest to rent out there before you make a purchase.
https://www.youtube.com/watch?v=sJ14SzJvcDY