Have you considered the 24 month rule here?
Didn't check the numbers because that looks so simplistic it can't be of any value.
Might seem like a simple question to ask but the answer is very complex. Some areas you need to go research are...
Buying through the LTD - General consensus this isn't a good idea so you need to research that better
The figures will all be skewed by tax - You need more detailed figures from end to end.
You will be living there at weekends so complex area around it being your home - Research that.
The 24 month rule could screw you so need to understand that. - Understand 24 month rule and how/when it will apply to you.
You need to do a lot more research in to mitigating factors before you can come ask a question and hope to get a useful answer. We can't even begin to guess this one for you.
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Previously on "[BTL][Limited Company] Renting your own limited company BTL flat"
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[BTL][Limited Company] Renting your own limited company BTL flat
Hi all,
As a newbie and contractor wannabe I have a [maybe] weird question.
Can I get a buy-to-let flat via my own limited company and rent it to myself considering the fact that I don't have long-term plans to settle in UK?
The basic math is as follows:
* £300,000 flat in London
* 30Y
* 3%
================
£750 in interest / month
My current rent is £1300 so I will be £550 better of.Tags: None
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