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.