The world of property investment can sometimes be confusing; our Glossary is full of useful terms to help every investor, whether they are a first time landlord or a seasoned portfolio builder.


Lifetime Allowance

Although you can save any amount into your pension, there is a limit to the amount of pension savings on which you can receive tax relief over your lifetime. The lifetime allowance (LTA) is currently set at £1.25million and £40,000 per year.