Tax benefits lead to rise in Buy To Let companies being formed

Tax benefits lead to rise in Buy To Let companies being formed


Todays other news


A buy to let company creation service claims a huge increase in the number of landlords seeking to incorporate.

GetGround says its seen two-and-a-half times the number of incorporations in the year to the end of August than in the previous 12 month period.

It has also recorded an average 11 per cent increase in incorporations completed month-on-month since January this year alone. 

The firm claims that a driver for landlord incorporation is the growing awareness and appeal of limited company investing among a very wide customer base. 

In the 12 months to August 2022, the number of first-time landlords investing through GetGround limited companies doubled. The company also reported year-on-year growth in customers based both in the UK and internationally. 

Chief executive Moubin Faizullah Khan says:  “Just as we’re seeing an uptick in interest from investors looking to purchase energy-efficient, new build properties, they are also turning to limited company structures to optimise their finances. From tax efficiencies to personal liability, there are many good reasons why limited company investing makes good business sense, but ultimately it comes down to efficiency. 

“Efficiency is key to investing sustainably, responsibly and profitably. In tougher economic times, the ability for landlords to optimise their buy-to-let portfolios for the long-term is proving crucial and, as our strong company creation numbers month-on-month prove.”

GetGround research conducted in early 2022 found that 81 per cent of UK landlords hold at least a quarter of their property portfolio in limited companies. 

Some 79 per cent of those who invest partially or entirely through limited companies believe that doing so helps them better mitigate the impact of rising inflation than if they were to invest in property in their personal names. 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
The complexity of the private rental sector offers an opportunity...
The latest Resolution Foundation report says Local Housing Allowance must...
It's on Friday at noon and registration details are here......
The monthly and annual rates of rental growth are both...
A leading agent says there are renegotiations on prices of...
Reeves to slash Right To Buy discount on Wednesday...
Recommended for you
Latest Features
The complexity of the private rental sector offers an opportunity...
Viewings in November were 10% lower than the same month...
The news comes in the latest Propertymark monthly lettings snapshot...
Sponsored Content
Letting agencies face the dual challenge of keeping both landlords...
In an industry where compliance and client money handling are...
PropTech provider Reapit will announce the latest enhancement to its...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here