Some 12 per cent of homes to let are operated by a ‘company landlord’ according to an analysis by Countrywide high-end agency brand Hamptons International.
The figure, which has been assessed over the first half of this year, is the highest since 2011 and up from nine per cent in 2015, before the tax changes for non-company landlords were announced.
The increase is partly due to the rise in the proportion of homes let by company landlords, but also due to the increase in the overall size of the rental sector.
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Land lords gave their lands. So is the thing. :)
It will be the case that many of these company landlords are also sole traders.
This as it is perfectly possible to be a mortgaged sole trader and not to be affected by S24.
There will be a tipping point where it makes sense buying any further properties as a company LL.
It makes little economic sense incorporating if the LL already has those properties.
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