Does setting up a limited company to rent a property limit liability?

It is true that a limited company limits your personal liability. However, If you set up a new limited company for example to be the tenant under a lease it is likely that the Landlord will insist upon a personal guarantee from you. This is also the same for any banks lending to new companies etc. Your chosen solicitor will be able to fully advise you on all the potential traps and pitfalls and will be able to discuss all the options with you to enable you to make a fully informed decision.

Contact our Commercial Property Solicitors on freephone 0800 975 2463 or contact us by email today.

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