A UK private limited company costs as little as £50 to set up and only needs one shareholder, one director (they can be the same) and a second person or company to act as the Company Secretary. You can call your company anything you like so long as there isn't already a company with the same or very similar name on the Register of Companies and so long as you don't breach a registered trademark.
Although a most useful structure for most business uses there are drawbacks when used as a vehicle to invest in property, the main one being that most lenders are unwilling to offer more than 75% loan to value.
Taxation. In general companies pay tax at the rate of 19% even on the capital gain realised by the sale of property (40% for a sole trader or partner) and so there is the potential to pay less tax. However it is too easy to fall foul of anti avoidance legislation and end up paying just as much so you will need to get proper professional advice from a specialist property accountant or independent financial advisor. If you contact us we will be able to put you in touch with someone local to you who can help.
To consider the pro's and con's of different types of company structure including trading as a Limited Liability Company in greater detail visit the following website: AR Corporate - Types of Company or download the following document Why Trade as a Limited Company.
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