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  • Tax

    Limited Company or in my own name

    Vanessa is right more information is needed. Many will tell you company or your own name but without more info you cannot expect proper advice and will just receive people’s own view based on their own perfectly valid perspective. Go seek professional advice and be prepare to be challenged to roll forward the years as the one thing everyone will agree is that property is not an easy asset class with which to change  ownership.

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    Chartered Accountant, Tax Advisor and Mortgage broker

    (and BTL portfolio owner)

    stuart@johnsonsca.com

    02039077022

    Hi Joseph,

    You should definitely seek independent tax advice as it really depends on your personal circumstances and investment strategy.

    If you're looking for BTL investments in London and/or Leeds have you considered purchasing a tenanted property? At Vesta Property you can find tenanted BTL properties across the country, including individual houses, apartments and HMOs in these areas (with some pretty good yields we might add; check out London and Yorkshire). The benefit as a landlord is that you get to de-risk your investment by seeing how the tenant is looking after the property, you know the rental payment history, you earn income from day 1, you save on lettings fees and you know what the market rental level is too. Feels like a no-brainer!

    Please do check us out and good luck with your purchases!

    Kind regards,

    Vesta Property

    https://www.vestaproperty.com

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