Landlords rush to incorporate BTL companies as rates rise

In September 2017, there were 148,874 companies set up to hold BTL properties compared to a count of 302,404 in September this year.

And this has risen from 260,862 from just one year ago. Hamptons expects this year to be a record one for incorporations of this type because it sees many existing landlords moving from having personal holdings to company holdings to offset higher mortgage interest rates against their tax bill.

The firm estimates that 40% of new BTL purchases are now made through a corporation.

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Landlords rush to incorporate BTL companies as rates rise

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Landlords rush to incorporate BTL companies as rates rise

The voice of the UK mortgage i... The voice of the UK ... | 1 year ago

In September 2017, there were 148,874 companies set up to hold BTL properties compared to a count of 302,404 in September this year. And this has risen from 260,862 from just one year ago. Hamptons expects this year to be a record one for incorporations of this type because it sees many existing landlords moving from having personal holdings to company holdings to offset higher mortgage interest rates against their tax bill. The firm estimates that 40% of new ...

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