Investment platform GetGround is accepting limited company investors in UK property following a period of technology development.
The company started by helping landlord form new companies to manage their buy-to-let investments.
Now those who already hold properties in limited companies can transfer them to GetGround’s platform.
GetGround has an accounting and tax management tool, while it offers landlords expert support. Using the tool costs £29 a month and includes a dedicated account manager.
Moubin Faizullah Khan, co-founder and chief executive of GetGround, said: “Alongside growing awareness that, with GetGround, it really is possible to source, fund, buy, manage and eventually sell your investment properties all in one place, demand has been building from thousands of investors and landlords who already have existing limited company investments but would like to join our platform and enjoy the benefits that allows.
“Driven by that demand, we have used our well-capitalised financial position to invest in our talent and technology and build out the platform to accommodate any limited company investor, regardless of where their company was previously formed and managed. Early signs are hugely encouraging – during a test phase in February and March, we recorded a 100% increase in the number of landlords joining the platform.”
In 2023 the number of new buy-to-let incorporations increased by 27% year-on-year and the incorporated buy-to-let market is now 2.5x larger than it was in 2016.
