31 Jul 2018
More landlords opting to make their buy-to-let investments through limited companies
New research has revealed that an increasing number of landlords are opting to invest in property through the use of limited companies, rather than as private individuals.
According to lender, Precise Mortgages, more than a third of investors plan to use limited companies to purchase properties this year.
Meanwhile, 28 per cent plan to do so as a private individual.
The research found a sizeable difference in the approach of landlords with three properties or fewer and those with four or more. Amongst the former group 31 per cent indicated that they planned to use a limited company, while 42 per cent of the latter group planned on using a limited company.
Alan Cleary, Managing Director of Precise Mortgages, said; “Buying property within a limited company structure has become increasingly popular, particularly among larger professional landlords.
Given the predicted rise in landlords switching to limited company status this year, we can expect this trend to continue.