\u00a0Shelter from interest rates<\/h4>\n
Aneisha Beveridge, head of research at Hamptons, says: \u201cDespite last year’s slowing sales market, there was no let-up in landlords rushing to incorporate.<\/p>\n
“Rather, the record number of companies set up to hold buy to let homes suggests a long-term commitment from landlords – particularly given the upfront costs associated with incorporating.\u00a0 The growth has been driven mostly by existing landlords moving properties into a corporate structure to shelter themselves from higher interest rates.\u00a0 Meanwhile the number of new landlords setting up shop has remained relatively muted.<\/p>\n
\u201cFor as long as landlords continue rolling off cheap fixed-term mortgages onto rates which are twice or triple what they were paying, the number of homes being put into a corporate structure will remain high.\u00a0 The number of buy to let incorporations each year is likely to continue running in the region of 40,000-50,000 for the foreseeable future.<\/p>\n
“Longer term, the current tax regime could push half of all rental homes into a limited company, significantly reducing the existence of landlords who own buy-to-lets in their personal name.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Record numbers of landlords are investing in buy-to-let properties via a limited company, and the high-yielding northern property market is attracting the most interest.\u00a0 In recent years, more and more landlords have incorporated their investments in a bid to maximise their profits. This is done by setting up a limited company, which is then used… Read more »<\/a><\/p>\n","protected":false},"author":1069,"featured_media":6028771,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2,26,6],"tags":[428,273],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/6095641"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/comments?post=6095641"}],"version-history":[{"count":2,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/6095641\/revisions"}],"predecessor-version":[{"id":6095643,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/6095641\/revisions\/6095643"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media\/6028771"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media?parent=6095641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/categories?post=6095641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/tags?post=6095641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}