The average size of portfolios being incorporated fell by around 40% during Q2.
Thistle felt that this suggested that smaller-scale landlords were now waking up to the increased tax benefits of owning their properties via a limited company.
- UK expats are losing £40,000 when buying BTL property back home
- The landlord market is changing, not dying
- Portfolio landlords looking north for higher rental yields
Mark Dyason, managing director at Thistle Finance (pictured above), said: “The number of landlords doing this has been rising gradually for some time, but in the second quarter of the year we saw the trend really begin to accelerate.
“Landlords that are genuinely committed to buy-to-let are starting to optimise their portfolios, not just by remortgaging on to better rates – where there’s a huge amount of activity – but by moving into limited company ownership.”
Leave a comment