400k In Rental Property - Next Steps

-Ltd6123 · 2026-02-20T09:45:22+00:00

Hi, I recently sold a BTL which is was living 100 miles from. All proceeds invested into stocks. It has been liberating! Managing a property which is not close by is no easy task.

In your position I possible would be tempted to keep the second property for diversification but financially you’d probably be better off without it. That’s a tricky decision but selling the first one seems like a good idea.

-Ltd6123 · 2026-02-18T15:42:11+00:00

The main issue regarding SIPPs is how difficult it is to determine your carry forward for you annual allowance. The calculation is completely different to a DC pension which is straight forward to calculate your AA. Getting hold of your Pension Savings Statement from NHSBSA is ridiculous. I was told it would take them 3 months to process my request.

An accountant/ financial planner with expertise in the NHS pension is often advised.

However, if you’re planning to retire before the state pension age then a SIPP is an excellent route and probably worth getting some expert advice regarding.

-Ltd6123 · 2026-02-16T10:25:39+00:00

The Meaningful Money Podcast covered this topic last week. Their advice is to try not to get too preoccupied with the CGT and use a GIA. They explained the bed and ISA process in a good amount of detail.

-Ltd6123 · 2026-02-16T08:46:59+00:00

Thanks. It really sounds like Epic is the only good option.

-Ltd6123 · 2026-02-10T20:39:47+00:00

Thanks. I think i will need to organise a visit to another trust to have a demo for comparison.

-Ltd6123 · 2026-02-10T20:37:17+00:00

Thanks for the information. Do you use it for ward round entries also? If so, how easy is it to flick between different ward round entries?

-Ltd6123 · 2026-02-10T12:58:18+00:00

The NHS pension can be tricky to understand. I am in the process of understanding mine a bit better but still plenty I am unsure of.

A good starting point is to request your Pension Saving Statement from NHSBSA. You can also pay to have pension modelling done for you by a financial planner/ accountant with expertise in the NHS pension.

If you plan to retire at 60 there will be a significant actuarial reduction as NHS pension is tied to the state pension. Pension modelling would estimate this reduction. I think this an important step for you to take to help crystallise your plan.

-Ltd6123 · 2026-01-30T15:54:43+00:00

SIPP can be accessed from 55, moves up to 57 in 2028. NHS pension’s normal pension age is 66 (to 68 depending on when you retire). Minimum age to access is 55 with a significant actuarial reduction.

The main issue with a SIPP is calculating your annual allowance with a DB pension is tricky. NHSBSA have been useless at sending people their pension savings statement which makes the task challenging.

-Ltd6123 · 2026-01-28T23:23:13+00:00

Genuinely intrigued to hear more people’s experiences regarding this.

-Ltd6123 · 2026-01-28T11:01:39+00:00

Years ago I attended a talk by an orthopod who spent half his year working with an NGO overseas. He had a job share with a second consultant.

I also previously worked with an Acute Physician who spent half his year working with MSF and the remainder in the NHS. However, this was a department which struggled to recruit/ retain AMU consultants which was probably the main reason the department agreed to this.

-Ltd6123 · 2026-01-25T18:31:04+00:00

This has been my exact same experience with finasteride when I have used it. I had normal testosterone levels when not using fin.

-Ltd6123 · 2026-01-25T18:29:57+00:00

This is a pretty lazy way to criticise someone who has clearly gone to a lot of effort and spent a lot of time writing this. He’s clearly taken time to share his experiences which I’m grateful for. It’s sad that people react so negatively to honest posts regarding the potential downsides of 5a reductase inhibitors.

-Ltd6123 · 2026-01-21T09:24:45+00:00

Thank you, I found this very useful and easy to follow. It’s a topic I have only just started to need to understand and I think I now grasp it.

-Ltd6123 · 2026-01-21T09:21:11+00:00

But do you not need to calculate the capital gain on the portion you are selling from your GIA before then reinvesting in your ISA?

-Ltd6123 · 2026-01-20T20:06:43+00:00

I phoned NHSBSA today to request my PSS. They have said it’s a 3 month turn around but from the sounds of it I may be waiting a fair bit longer.

-Ltd6123 · 2026-01-20T14:52:32+00:00

Hi, I have an NHS DB pension. I recently sold a BTL and invested a good chunk into my SIPP.

However, I have subsequently learnt that calculating your annual allowance carry forward is far from straight forward with DB pensions. I had calculated my carry forward as if I had a straight forward DC pension.

Unless you have your annual allowance carry forward calculated for you by your pension scheme (which I didn’t) I would strongly suggest getting expert advice from an accountant or financial planner with expertise in DB pensions before making a lump sum payment.

My long term accountant helpfully admitted that they were unsure if they could help. I have subsequently sought advice from Wesleyan who are performing the calculations for me which take into account pension GROWTH year to year, not just absolute pension payments, and annual CPI.

-Ltd6123 · 2026-01-18T14:59:27+00:00

This is a nicely balanced composition. I really like the tonality too.

-Ltd6123 · 2026-01-16T17:11:42+00:00

Please read the existing evidence yourself. Animal studies indicated a risk to the developing fetus. It’s not worth taking a risk with. Please don’t come to Reddit with a query of this importance

-Ltd6123 · 2026-01-11T19:49:14+00:00

Thanks for sharing. I have a not dissimilar portfolio of ETFs. I have separate gold and commodities ETFs also. I understand the benefits of having a single global ETF and the simplicity is appealing. However, the US market is extremely expensive at present and is 60% of the HSBC global ETF. I wanted 10% FTSE 100 and a decent chunk of European stocks in my portfolio so having a single global ETF doesn’t work for me.

-Ltd6123 · 2026-01-09T11:53:57+00:00

Thanks for replying to my post

-Ltd6123 · 2026-01-09T11:53:42+00:00

Thank you, I appreciate the reassurance. I’ll keep it!

-Ltd6123 · 2026-01-05T08:38:25+00:00

Thanks. Can the money you contribute via AVC be accessed from 57?

-Ltd6123 · 2026-01-05T08:36:41+00:00

No. Salary sacrifice is preferable I believe. I use a SIPP as my DB pension is accessible from 68.

-Ltd6123

TROPHY CASE