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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

property company

    (in LR) a company primarily engaged in property activities including:

      1. (a) the holding of properties (directly or indirectly) for letting and retention as investments;
      1. (b) the development of properties for letting and retention as investments;
      1. (c) the purchase and development of properties for subsequent sale;
      1. (d) the purchase of land for development properties for retention as investments.30