michal-h

Hello fellow investors, I am new to BTL (but have done 6 months of very solid research and am ready to invest!). I am interested mainly in Capital Growth (with positive cashflow of course...). Interested in simple BTL as I do not have time for HMO or short lets. I am planning on investing (via Ltd) in Sheffield and/or Leeds area but am based in London. I am also personally buying property in Poland (for yield and also for tax reasons) Currently I work in London and my work brings me to Sheffield quite often and I know that city. In the future I want to build Capital Growth

Hi Stuart, thank you for your reply - much appreciated. The only reason why I wanted to "convert" old company into a new one was to keep things clean and not bother to close one company as I would be opening one straight after. Closing of the company is of course not complicated but it leaves people with questions when they look you up on Companies House. Look forward to your comment or anyone else having an opinion on converting. Thank you in advance!

Hello, this is my first post here as I could not find an answer anywhere on the forum. My wife and I own a small Ltd company that has been virtually dormant for a number of years. Company has £100 capital and reserves on Companies House. We also have a bank account with small amount of money registered for this company. It was created in 2012, there was no trading for a number of years but we have keep this company opened. We would like to buy our first BTL via Ltd company and was wondering if we can "convert" this old Ltd company (change SIC codes and name) to have a SPV Ltd