GetGround has opened up its property platform to landlords who invest in their names, adding to its limited company investor service.
The management and investment platform has been reserved for limited company investors since its 2020 launch, and is currently used by 30,000 landlords to manage £2bn of buy-to-let investments.
But points out that there are 2.8 million UK landlords whose property investments are held personally.
GetGround co-founder and chief executive Moubin Faizullah Khan says: “The landscape for being a buy-to-let landlord has never been more treacherous.
“Margins are squeezed and, assuming the rumours are true, the new government is readying a series of tax changes that’ll make property investing harder to do well than ever.
“At GetGround, we’re lifelong advocates for limited company investing, but not to the detriment of the health and buoyancy of the overall buy-to-let market.
“By helping any and all investors in UK property join our platform, we can help alleviate some of the costs, pressure, time and effort that are weighing heavily on private landlords’ shoulders. Keeping landlords motivated to stay in the market and do the best for their tenants is pivotal to maintaining a robust private rental sector.”
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