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Shorting Bdev In Hl Sipp

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Thanks, that's a start. But judging by the chart, IUKP tracks the property sector. What do I do to short it? (It's my first time doing this - I've never had spare cash before, but now my mortgage is paid off it's time to start investing.)

So, how do I short it?

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I'm honestly not sure, I need to have a bit of a look at whether you can sell these ETFs as easily as you can buy them. I'm really not sure you can be short them, but will try to find out. Do you have a financial advisor you could ask?

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The time to short housebuilders was in 2007. If you short anything now that gets a takeover bid or something you'll be burned alive :o .

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If you want to short stocks, then you need to find a broker that will allow shorting. In the UK, brokers will package the ability to short as derivatives called CFDs (contract for difference). CFDs are also available as 'leveraged long' (i.e. buying on margin). If you search google for CFDs, you will find a whole bunch of brokers desperate for your custom.

There are a number of brokers that will offer CFDs and other derivatives within a SIPP (e.g. e-trade professional - note that this is not a recommendation). SIPPs can also be crafted to package almost any investment - you find a pension manager and they should be able to create a SIPP that will package all your investments in a tax-man proof wrapper (e.g. a CFDs account, a US stock options account, your BTL commercial property portfolio, etc.). This allows you to find a broker that offers you exactly what you want, etc. However, this may be an expensive option, as the pension manager will want a large fee for setting up and 'managing' your accounts. Unless you have a specific reason for rolling your own SIPP out of multiple accounts/property/other portfolios then you may find it unacceptably expensive, and you'd be best going to a broker who offers a ready made SIPP for their service.

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