GetGround Companies 101

We help customers easily set up and incorporate a UK-Limited company

GetGround helps you form, structure, and manage companies for your BTL investments. We are listed as a Companies House formation agent and incorporate all companies on our platform as UK private limited companies.

 

Having incorporated thousands of companies specifically designed for BTL investments, GetGround makes it easier to avoid the common pitfalls associated with company incorporation.

All incorporated GetGround companies are proofed at Companies House for additional security.

How many properties can each company hold?

Every GetGround company holds one property. There are plenty of benefits for this type of model including:

  1. You have the option to sell the property or sell shares, with the latter potentially resulting in lower capital gains tax and/or additional tax efficiencies.

  2. Greater flexibility when managing your entire property portfolio

  3. Lower corporation tax

  4. Better protection for each property

  5. Greater visibility for transactions around each property

  6. Better access to company BTL mortgages

 

If you’re a portfolio landlord or would like to have more than one property on our platform, you can always open up multiple GetGround companies. We offer special pricing if you choose to do so: you’ll only pay the one-time set-up fee on your first two companies with us. All further company formations are free.

 

At present, we are only able to incorporate companies that hold property in England, Wales, and Scotland. We are not able to support properties in Northern Ireland, but hopefully will be able to do so soon!

Using your company for business other than property investment

Whilst your company is on the GetGround platform, it must only be used for Buy-to-Let property investment in connection to the rental property that it holds. This also means that it is not VAT-registered and that you cannot employ anyone through it.

 

Check out this article on how to see details about your GetGround Company.