I run my own limited company and am about to do some consultancy work away from home. I am considering the option of buying a flat in the new location and then leasing it back to my company whilst I am down there. When I finish the work I intend to let the property as per normal.
Can I do this ? the advantage is that I am not wasting my companies money on rent to a third party and personally I gain another property to my portfolio. I am a computer consultant and as such (as far as I'm aware) cannot use my revenue from that are to invest in another business area i.e. property investment.
Any advice appreciated.