Sterling Properties

Has there been a surge in the number of companies setup by landlords?

Posted on Mar 30th 2016

The Daily Mail reported a 200% rise in the number of Buy to Let (BTL) mortgages being taken out by incorporated businesses between July and December 2015, attributing the findings to landlords looking to avoid the impending tax rises and increased stamp duty levies on additional properties. NLA CEO Richard Lambert told the Mail that some landlords are looking to incorporate in order to protect their livelihoods and he highlighted that incorporating isn’t an easy option. Findings from the NLA’s latest quarterly landlord panel (Q4 2015) show that around two in five landlords (41%) are already in the process of incorporating or looking into the option, with three in ten (31%) having no intention of moving their portfolio to a limited company.

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