Purchase and

Ownership Structures

New structures should be

considered now

Not since ‘Buy to Let’ was introduced in the late nineties, has there been so much emphasis on the ownership structure of property. Attacks on the small and consumer buy to let market over the last 12 months have led many property investors to consider the structure in which they hold their property portfolio. Reductions in allowances against mortgage interest and the removal of the furnished property have led many to consider incorporating, and holding their properties in a limited company or a limited liability partnership. It not an easy decision when properties have been held for some time and there are Capital Gains Tax implications and potential Stamp Duty on transfer to the entity. The right structures should be considered more than ever now and essential tax advice is key. We can introduce you to Accountants and/or Tax advisers, on-shore and offshore, who can put together an advice package for you. A wrong move at purchase can be very costly for the future, so we urge advice at the earliest stage.