What is a SIC code?
Companies House requires every limited company to identify its business activities by using at least one SIC (Standard Industrial Classification) code, up to a maximum of four.
It's important to get your code(s) right otherwise you are likely to experience problems opening bank accounts or obtaining a mortgage.
The common SIC codes used by businesses in the property sector are:
| SIC code | Classification description | Type of business activities |
|---|---|---|
| 68209 | Other letting and operating of own or leased real estate | Typically used by landlords with buy to let rental properties |
| 68100 | Buying and selling of own real estate | For the trading or flipping of properties where they are purchased and sold for profit, not for investment |
| 41100 | Development of building projects | Property developers building brand new properties or converting existing buildings for resale, for example commercial to residential |
| 68310 | Real estate agencies | This category is for sourcing properties and when you’re acting as an agent |
| 68320 | Management of real estate on a fee or contract basis | Property management companies |
| 64209 | Activities of other holding companies | Used if you have a holding company |
You can view and search a full list of SIC codes here.