Digital company formation and management platform GetGround has launched a limited period summer deal to make more investors and landlords aware of the benefits of buy-to-let (BTL) investing through companies, and help them through the buying process before the stamp duty holiday ends for good.
Until 30 September, 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.
GetGround customers forming their third or any subsequent companies on the platform will, as normal, have all formation fees waived.
GetGround and Molo integrate to improve BTL administration
During this period, all referral fees to partners will remain unaffected.
The platform said it expects the accumulative value of properties it manages to exceed £1 billion within the coming months.
This news follows the recent announcement of its partnership with digital BTL lender Molo.
Moubin Faizullah Khan, co-founder and CEO at GetGround, said: “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 1-in-5 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.”