10:12 AM, 9th February 2017, About 7 years ago 7
I am thinking of going into property refurbishment full time and will need some advise.
My plan is to buy properties and refurbish them to a high standard and either sell or rent them out.
I am in the process of registering a company for this purpose and want to find out if its advisable to transfer my two BTL properties into this new company as this will be an asset of the company I can use to raise finance for my projects. Because I will be the sole director of the company and the BTL are in my name, will I have to pay stamp duty for the ownership transfer from my name into the new company name?