Limited company for property? Things to consider before setting up a company for property investing

Limited company for property? Things to consider before setting up a company for property investing

There are indeed some great tax savings and even inheritance tax savings that you could potentially take advantage off when investing in property using a limited company, but there are also several things to consider to understand if this is the right thing for your property journey.

Given some of the costs associated with purchasing through a limited company, this may something that is a much better option for someone looking to invest longer term.

So, given that most people situations are going to be different, make sure that you speak with a property tax specialist to understand if this is right for you before going ahead with anything.

Lenders - more recently things have changed and lenders prefer you to have a new company with no history but more importantly no ties to other business activities. This way they don't have a risk of the other business doing poorly effecting the ability for you to repay the mortgage and by also adding in the need for a personal guarantor to this new company, they now have the added bonus of being able to seek your personal financial assets as repayment should the limited company default on payments.


Also, if you already own your own home and are unsure if you will still be liable for the additional 3% extra stamp duty on a second home, then unfortunately I have to tell you that at this time that is still applicable.

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Disclaimer: My views are for entertainment purposes only and should not be considered financial advice, please seek your own financial advice if you are considering becoming an investor in property or any other market.

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