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7 contributions to Property Business School
AML registration
Registration could take up to 45 days for new applications (set up limited company first as you’ll need the company details to apply). Timeline: 1 Submit your online application 2 Pay the registration fees 3 HMRC checks your application and responsible persons 4 HMRC may request additional information 5 HMRC confirms approval or refusal by email
0 likes • 11h
Hi @Asia Islam - would you not accept the payment reference for the AML registration? As I know you need to have done an AML training course as well as UTR number before you can apply anyway? Thanks
Business bank accounts
Has anyone opened business accounts yet and which ones would you recommend from your experience that are user friendly, accounting software, fees are low and other benefits. Looking into this at the moment was looking at monzo, mettle or maybe tide. Nice to see what anyone else thinks and recommends...
1 like • 11h
I have revolut for one, Tide with the other :) both pretty good except revoluts is 10r per month's
Company set up.
I'm looking at setting up my company but my landlord is planning on selling the house I live in. I have no idea of when this will happen. Is this going to cause issues with the set up or changing details after?
1 like • 11h
Hey @Sean Davies your better off using a correspondence address because if you add your personal address, this will be on companies house publicly. There are services or maybe accountants that can provide this. Unless of course your not fussed about your address being on there that is. Hope this helps
Company Set Up
👋🏻 Working my way through the lessons. When setting up the company, did you all use your personal address? Was going through the process on Tide (very simple btw) but stopped at address, it says they can offer one for a fee - I remember when I had a company before I used my accountant address, also have you set up all 3 companies or just the trading one for now? If all 3 how do you link them all in the description James mentions, is there a specific way to set them up (does the holding company own the shares of the other two) or is that an accountant task? What have you guys done?
2 likes • 11h
Hey @Craig Stone I used companies made simple and they can provide you with a correspondence address, I think I paid like 115£ including the incorporation. Hope this helps there are other services that do this.
Introduction
Hello Everyone. My Name's Luke and I am based in Leeds but currently live in Wakefield, Trade is data analytics currently in Operations. Thought would give this a go as been learning property for past couple of months. Originally invested in some R2SA. I currently have 2 but switching one out as one not doing well. Currently setup but not fully compliant but can be done within a couple of hours (done the AML training). Currently sourcing in Leeds and Wakefield area but will be open to other areas remotely. Goal is to get enough capital from this to start investing in my own assets. Hope to speak to people soon 😁😁😬.
1 like • 18h
@Gail Edwards thank you. Once I get an offer accepted, it will be full steam ahead 😁. Already looking now so yeah keep in touch
1-7 of 7
Luke Atkinson
2
10 points to level up
@luke-atkinson-6030
Leeds Born Data analyst also getting into property

Active 9h ago
Joined Nov 6, 2026
Leeds
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