Expanding buy to let lender Landbay says it plans to launch an accounting, reporting and tax compliance service for those holding their investment properties in limited company special purpose vehicles.
The service will cost £750 annually and will provide customers with access to tax advice on transferring properties from an individual name into a company, income optimisation, the transfer of shares, and liquidating a special purpose vehicle.
“Landlords have been hit by a wave of tax and regulatory changes through 2016/17, and brokers have had to upskill quickly to keep up. As a specialist lender, we want to make this transition as straightforward as possible for brokers and their customers, which is why this service is such an important one for us as a lender” explains Landbay managing director Paul Brett.
“From discussions I’ve had with intermediaries it is clear that tax and compliance is an area where specialist advice is urgently needed, so we’re connecting the dots to offer access to competitively-priced professional expertise.”
Large-scale buy to let investors are continuing to move to limited...
A market survey by specialist broker Mortgages for Business reveals that...
There is yet more evidence that an increasing number of buy...
Paragon Mortgages, one of the most influential buy to let lenders,...
The predictions game can be tricky. Sometimes you just don’t know...
Leading UK property auctioneer Bond Wolfe has broken through the £100...
Uncertainty triggered by the new Labour Government and taxation concerns that...
B-hive Block Management Partners Celebrates Major Milestone With Over 100 Businesses...
We’re absolutely delighted to announce that, after 10 years, we’re able...
You don’t have to simply accept things as they are when...
%20-%20IMAGE%20Client%20Accounting%20%E2%80%93%20what%20are%20your%20options.jpg)
The benefits for letting agents to outsource their client accounting is...
Who are you and what does it say on...
Who are you and what does it say on...
Who are you and what does it say on...
Join the conversation
Be the first to comment (please use the comment box below)
Please login to comment