Hi
I wonder if anyone can confirm as to whether or not shares in a company that produce bridging loans would be classed as an investment company so would not get business property relief. I have looked at the case of Rhoda Phillips 2006 and this estate secured the relief because the loans were to companies.
I am looking at bridging loans to individuals where interest is charged on the loans. Can anyone suggest any cases or anything or definitive answer.
Thanks
Lisa