House Purchase as Limited Company

Hello, I have a question regarding a house purchase as a Limited Company. If a Limited Company that specialises in real estate, fully purchases a house, can it be claimed as a company expense in 100% or is that a fixed asset? Thank you.

Hi ,
 

Please refer to the Property Income Manual (found at : www.gov.uk/hmrc-internal-manuals/property-income-manual  ), specifically PIM2068 and PIM2120. It is recommended to contact a professional tax advisor to discuss plans for purchases through a limited company . Thank you  .