We are supported by the UK Government through HM Land Registry, as well as being a recognised supplier with the National Residential Landlords Association.
GetGround makes it easy and cost-effective to use a company to purchase buy-to-let property in the UK.
Buy-to-let is a business. Companies were made for business. See the advantages from putting the two together:
When using a company, there are multiple tax advantages that may arise throughout your property investment - on purchase, ownership and sale.
All companies set up by GetGround are private limited so their assets and liabilities are separate to those of their shareholders. If the investment goes wrong, you may be safer.
Buy and sell shares in a company owning property without paying Stamp Duty Land Tax and without a lengthy and expensive conveyancing process.
Shares are subject to inheritance tax just as property is, but with shares you can plan and manage your inheritance tax position more flexibly.
Through our broker partners we can connect you to a number of lenders that specialise in mortgages to companies purchasing buy-to-let property.
Do everything you need in as little as 30 minutes and all online, from uploading your passport to signing your documents.
We set up your company’s account with a UK sort code and account number. Use this for the funds to purchase your property as well as any refurbishments, rental income and property expenses.
Your financial account is equipped with an IBAN. This allows you to send foreign currency to your company account which you can then convert into GBP whenever you need. We have worked hard to secure the best exchange rates.
Our service can benefit anyone looking to purchase a buy-to-let property in England and Wales. This includes:
GetGround will set up a fully operational company to purchase your buy-to-let property, including:
Creating a new UK Limited company
Providing legal formation documents designed for buy-to-let purchases, including Shareholders' Agreement and Articles of Association
Structuring the company with the optimal mix of share capital and owner loans to protect shareholder funds, create flexibility and be tax-efficient
Open the company’s financial account with a UK sort code and account number
Coordinate with other parties involved in your property purchase including your solicitors and mortgage brokers
Once the property purchase is complete, GetGround will undertake all the ongoing management of your company including:
Accounting
Company tax returns
Registered office address and post management
Company secretarial services