PropTech summer offer for landlords setting up companies

A digital platform that combines buy to let company formation, management and current accounts, has launched a special offer for landlords this summer.

Until September 30, UK landlords and investors that form their first or second company on GetGround will be charged a discounted formation fee of £99 plus VAT. This includes formation, legal documents, structuring and a current account. 

Any GetGround customer forming their third or any subsequent companies on the platform will, as normal, have all formation fees waived. With GetGround, customers only ever pay to form their first two companies. All further company formations are free.

Moubin Faizullah Khan, co-founder and chief executive at GetGround, says: “We think every BTL investor and landlord should be investing in BTL through companies versus personal ownership. It makes better business sense on practically every level. That’s why three in five BTL investments are now made through companies, versus less than one-in-five only five years ago. 

“The market for BTL purchases is guaranteed to be busy in these final weeks before the stamp duty holiday ends for everyone. This is an ideal time to reach those investors and landlords that don’t realise that company BTL is a far better way of investing than through personal ownership, and to reach those who are on board with company BTL but are looking for a faster, easier and more streamlined way to do it.”  

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