More and more of us are looking at incorporation to hold our properties in. We know this will help shield us from the mortgage relief that is being reduced year on year from next year up to 2020. Having property in a company also means that any profits are potentially taxed at a lower [...]
According to Britain’s Buy to Let Report (fifth edition) released by Kent Reliance, the number of private rental households in the UK by the end of Q3 of 2016 increased by around 300,000 versus the same period in 2015. Nationwide, however, tells a different story, reporting that they lent £100 million less in [...]
I fully understand the rationale for using limited companies, especially more recently for being able to claim financial costs fully. However, there is another aspect to consider and that is taking money out of the business. Everybody has different circumstances but you could potentially face a significant tax bill. Get a FREE consultation with [...]
Some stats around limited company mortgages: Number of buy-to-let applications for limited companies grew to 30% in H2 2016 vs 18% for the same period the year before Amount borrowed for limited companies grew to 30% in H2 2016 vs 20% for the same period the year before Products have increased from 147 to 154 Rates [...]
