In 2021, I wanted to buy my first buy-to-let. 🏠 Most people start by looking at
By Josh P · November 10, 2026 · Curated by George's Blog
In 2021, I wanted to buy my first buy-to-let. 🏠
Most people start by looking at properties. I started with a book on tax. 📖
Not the most exciting read 😅 But it made me realise the biggest decision wasn't what to buy. It was how to own it.
So I didn't rush. I got a mentor for three months, went through my numbers and my long-term plans, and landed on buying through a limited company. 🏢
It was the harder option. More admin, pricier mortgages, and harder to get money out.
Within 12 months, I'd bought two properties through it. 🔑
Then the rules for landlords who own in their own name kept getting tougher:
📉 Mortgage interest only gets a 20% tax credit
📈 The stamp duty surcharge went from 3% to 5%
⚠️ Rental income tax is going up another 2% from April 2027
Five years on, it's played out exactly how I planned. ✅
That's the lesson I take into every financial decision now, in property and in business.
Always look at it long term, or today's quick wins become tomorrow's long-term losses. 💡
#Property #BuyToLet #LongTermThinking #Finance #Entrepreneurship