13.09.2021

What Else Do I Have To Say To Developers and Commercial Landlords?

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What Else Do I Have To Say To Developers and…

 Show Interest
When arranging property finance for developers and landlords I need to have x-rayed assets, plans and circumstances in order to find the lender with the right criteria and best offer.

But because all developers and landlords pursue a wider agenda of saving money I like to assist through a heads up on relevant areas with savings potential, where other professionals may be able to help.

For example, since the Finance Bill 2021 was amended in May this year, property landlords who pay corporation tax have been allowed to claim up to 130% relief on new expenditure incurred in the two years to 31st March 2023: Say, if they spend £100k on new/unusued bathroom sanitary ware, office desks and furniture, carpets or fire alarm and security systems, they can claim up to £130k against taxable profits.

You don’t necessarily need to be a developer in Build To Rent or run a co-working office space to have a good chance to successfully claim. If you as a commercial landlord refurbish or convert a property or fit out a new build property to contribute to a functional tenant fit out speak with your tax adviser to explore whether you can claim a 130% Super Deduction, or a 100%/50%  allowance under the Super Deduction available.

???? Have you claimed for Super Deduction yet?

???? To receive finance options for bridging, development, buy to let or commercial mortgages open to you from lenders across the market do get in touch: bcacao@cc-finance.co.uk .
  • Property Finance
  • property development finance
  • commercial property finance

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