I have a private residency with a 140k mortgage for a home worth 400k (ish) - I have 200k savings in my LTD (sole director, no employees) company and rising.
I plan to go abroad (but stay a Tax resident) and wanted to start to rent out my property - but would like to pay off the mortgage using the money in my LTD.
I have no intention of selling my property ever as I want to use it as regular income instead of a pension - for which I have none.
What strategies are available to me?
--Is Sell House (Privately), Buy House (as LTD) the only way?
--I hear things about Deeds of Trust? Is that a viable route, what is it?
--Any other options available?
--Or is there another way other than taking it into my existing LTD? New LTD or something else?
Thanks
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