Freehold operating as a Ltd Company?Make Text Bigger
I have purchased a leasehold flat which is one of three in the building. I have also purchased a half share in the freehold. This is my first venture into leasehold property.
Myself and the other freeholder are currently in negotiations with the third flat leaseholder who wants to buy a share in the freehold. As part of the discussions surrounding this we have been advised that going forward, it may be better to operate the freehold as a limited company.
Does anyone have any experience of this or the pros and cons of operating the freehold as a limited company?
Thanks in advance for any help you can give.
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