Limited Company Structures
The British property market has seen its fair share of changes and challenges over the years, but resilient landlords have always found ways to adapt and thrive. One significant shift we’ve witnessed is the growing trend of landlords setting up limited companies to manage their rental properties, a testament to their adaptability and foresight.
The tax landscape for landlords has shifted quite a bit in recent years. Previously, you could deduct mortgage interest as a personal landlord, but the rules have changed, and it once was more favourable. Limited companies, though, can still benefit from these deductions, making it a more tax-efficient option for many.
But that’s just the tip of the iceberg. Limited companies offer other perks, like better financial planning, asset protection, and smoother estate planning. If you’re a landlord or considering becoming one and want to know why limited companies are all the rage in the UK, we will connect you with a specialist who is an expert in buying properties in limited company structures, ensuring you’re in good hands.