Sourcing Fees, Sorted: The Ltd Company Setup for Deal Sourcers

One sourcer banked £70,000 in fees in 8 months. Here’s the structure that kept it off his personal tax return until he chose.

Most property sourcers start the same way: a deal, a fee, a personal bank account, and a promise to “sort the company out properly at some point.” The problem is that every month you delay, another fee lands on top of everything else you earn and gets taxed at the top of your personal income, not the bottom.

This is a working session on how to fix that.

Who this is for

• Property sourcers and deal packagers currently taking fees into a personal account
• Sourcers doing their first few deals who want to set up properly from the start
• Anyone with sourcing income sitting on top of a salary or property income
• Landlords considering adding sourcing as a second income stream

What we’ll cover

The £70,000 case study. How one sourcer making £70k in sourcing fees structured, what he claimed against them, and what his year-end actually cost.

Where your sourcing fee really goes. It stacks on top of your salary and property income, so it’s taxed at the top of your earnings, not the bottom. The 2026/27 rates, and the point where an extra £1 of fee costs you 60p.

When a Ltd is worth it — and when it isn’t. Dividend rates rose in April 2026. Draw every penny the day it lands and a company saves you nothing. Five reasons sourcers incorporate anyway, and the one thing a sole trader can never have.

The expenses most sourcers never claim. Mileage to a viewing. The drive to meet an investor. Platform subscriptions, PI insurance, redress and ICO fees, lead gen. All of it lost to a personal debit card.

The compliance you legally need. Sourcing is estate agency work under the Estate Agents Act 1979: HMRC AML supervision, redress scheme, ICO registration — before your first fee. Trading without them is a criminal offence, and investors check all three for free in fifteen minutes.

And how to get the whole thing done for £29.99 a month. Company formation, business bank account, bookkeeping, year-end accounts and every tax filing. One price, one place, and no accountant’s invoice landing in January. We’ll show you exactly what’s included and what it replaces.