Creating a limited company to manage your property portfolio to save time and money, find out how.

22nd June 2022 | Uncategorised

Creating a limited company to manage your property portfolio can be the most efficient way to manage them and this can be made easier using Hammock property management software.

When you are looking at building a property portfolio as a business there are many elements that need to be considered, areas such as tax, costs, collection of rent, all things that can not only be complex but can also take a considerable amount of time.

Over the years, we have a worked with many clients to create limited companies to enable them to become more tax efficient in and protect their long term investment. However, we also work with these clients to ensure that they are set up to be able to manage the portfolio as easily as possible.

At the beginning of the year we partnered with Hammock, the property management platform for landlords. Hammock has many benefits but not least it supports those people with 1 property to rent as well as those with multiple properties. Hammock helps landlords reduce the time taken to manage the finances of their properties as well as giving them real time information.

In addition, Hammock is also set up to ensure landlords are MTD (Making Tax Digital) compliant. This element as much as anything enables us at Charterhouse to work with you and Hammock to ensure your time and costs to run the business are kept to a minimum.

In addition, supporting our work with clients to create limited companies for their property business, Hammock has a specific app that supports landlords who set up limited companies. This further enables us to ensure you have the right structure in place and minimise the time it takes to administer the business.

To help landlords decide on the most effective way to manage their property portfolio we are running a webinar on 12th July at 10.30 where the experts from Hammock and our team will explain the benefits of setting up a limited company for your property portfolio and answer any questions you may have.

To book your place on the webinar click here.

If you would like to speak to one of our team before the event please contact us.