Property Developing - Cash introduced and Company structure

JJH1969
JJH1969 Registered Posts: 110 Epic contributor 🐘
edited June 18 in AAT member discussion
I have a client who is sole director and shareholder of a Ltd Company. He wants to start property developing with say £100k partly from his current Ltd company and partly from personal cash. Is he better off setting up a new Ltd company for this business and if so what is the best way to get the cash into the company to purchase the first development project?

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  • T.C.
    T.C. Registered, Tutor Posts: 1,430 Beyond epic contributor 🧙‍♂️
    Might be worth remembering that lenders (ie for mortgages) don't like lending to limited companies....especially new ones. He should check this out first.

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