17 Oct 2007 12:00 AM:

I have a client who I am arranging a mortgage for, he is buying on Deia, Majorca.  This property is owned as a Ltd Co, can someone explain to me what the implications are??  It seems as thought this is a tax issue, if it is really as good as his Spanish solicitor is saying, then why doesnt everyone set this up this way?

There doesnt seem to be any commercial business involved and it appears to be just a 'ghost company' which has apparently been checked out and it is all clean.

I am a bit sceptical as he is being told this will save him £100,000!! 

Thread: Buying a property with a Ltd Co

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