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Previously on "[BTL][Limited Company] Renting your own limited company BTL flat"

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  • northernladuk
    replied
    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.
    Last edited by northernladuk; 27 January 2017, 12:02.

    Leave a comment:


  • [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.
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