Purchasing or selling rental properties in Colchester
Company Buy-to-Let Solicitors in Colchester
Attwells has a dedicated team of expert buy-to-let solicitors in Colchester that makes it easy and stress-free for landlords to buy and sell rental properties in Colchester quickly and stress-free.
Call our Head Office on 01206 766333 to find out more.
What is a company buy-to-let property?
A company buy-to-let is a property that’s purchased by businesses for the sole purpose of renting it to a tenant and generating revenue from rental income.
The process for purchasing a company buy-to-let property is not dissimilar to purchasing a personal residential property or a buy-to-let as a sole trader landlord but you will require a specialist property solicitor in Colchester to facilitate the transaction and do the due diligence.
How a company buy-to-let solicitor helps
A company buy-to-let solicitor will help is absolutely essential when buying or selling a buy-to-let property in Colchester due to rules and regulations associated with limited company property laws.
How a property lawyer in Colchester helps:
Benefits of a Company Buy-to-Let
It’s important to note that the benefits of buying company buy-to-lets depend on various factors and your personal circumstances.
Why work with Attwells
Working with our property solicitors in Colchester offers several advantages. We are experts in company buy-to-lets so you’ll be in safe hands.
- Fixed fees
- A single point of contact
- Plain English advice
- Contactable in person, by phone, over email or a video call
- Same day callbacks
How much will my legal fees be?
The fees payable for company buy-to-lets are as per the Attwells Residential Calculator plus an additional sum of £225 plus VAT. For more information about pricing and disbursements please click here.
How do I form a buy-to-let company?
In order to set up a company, you need to register with Companies House and complete the necessary paperwork. This can be complicated, as the paperwork can be in-depth and contain legal and accountant jargon. Therefore, you may find it easier and ultimately more cost-effective in the long run to ask one of our solicitors to set up your company for you. We can do this as an add-on to your conveyancing – contact us to find out more.
How do I transfer property into a company?
As the current owner of a property in Colchester, you are effectively selling your property to a company. Therefore you will need to redeem your current mortgage if you have one and set up the required finance in your company name. Selling the property will mean you are liable for stamp duty and may have to pay capital gains tax. Consequently, we would also recommend you speak to an accountant first.
