Research from Hamptons shows in September 2024, 5,312 new limited companies were set up for buy-to-let properties, marking a 28% increase from the previous record in September 2023.

An increase despite the UK's Largest Mortgage Lenders not offering Buy-to-Let mortgages for Limited Companies (BM Solutions, NatWest, Santander, Barclays, HSBC, Virgin, Godiva, Accord, TSB)

59% of new companies were set up in the South of England, but only 42% of properties bought by these companies are located there, with many landlords investing in the Midlands or North for higher yields.

While tenants in the South of England complain about high rents, landlords' rental yields are notoriously low due to the high cost of acquisition and maintenance compared to elsewhere.

There are now 382,007 companies across Great Britain set up to hold rental property. Nearly three-quarters (74%) of these have been incorporated since the start of 2016.

The shift in landlords buying property in a limited company started in 2016, after George Osborne's tax changes (Section 24). From that point on, private landlords buying in personal names were taxed on revenue instead of profit.

So far this year, 70% of new buy-to-let purchases in England & Wales were made using a limited company, with the remaining 30% being bought in personal names.

Source: Property Industry Eye

Well yes it makes sense ,in most cases the tax saving more than makes up for the increased rate on the mortgage.

It will only go up. They froze the tax bands which put more people into higher rate tax band so they see the huge benefit of doing limited company BTL. Most working landlords are anyways higher rate tax payers.
Do you see government coming up with some crazy rule against BTL limited company structure?