Brighton's property market is one of the most active in the South East, with a large community of private landlords and portfolio investors. We specialise in the specific tax challenges landlords face — from Section 24 mortgage interest relief restrictions to CGT on disposals — and we make sure your structure is right before the problems arrive.
We work with landlords across Brighton & Hove, from single buy-to-let properties to multi-property portfolios. We'll review your structure and make sure you're not paying more tax than you need to.
Get in TouchSection 24 restricts the mortgage interest relief individual landlords can claim. Instead of deducting mortgage interest from rental profits, you can only claim a 20% tax credit. This significantly increases the effective tax rate for higher-rate taxpayers with mortgaged buy-to-let properties. Proper planning — including reviewing whether a limited company structure makes sense — is essential.
It depends on your personal tax rate, the number of properties, your long-term plans, and your mortgage situation. Limited companies pay corporation tax (19–25%) rather than income tax (up to 45%), and are not subject to Section 24. However, moving existing properties into a company can trigger CGT and SDLT. We model the numbers for both scenarios before recommending anything.
Yes. Since April 2020, UK residents who sell a residential property with a CGT liability must report and pay any capital gains tax within 60 days of completion. Failing to do so results in automatic penalties and interest. We handle the 60-day CGT return on your behalf.