Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Company buy to let trend slams into reverse
New analysis of Companies House data by lettings agency Hamptons suggests the rapid growth in new buy to let companies may have peaked. The number of new company incorporations is falling, according to the report.
The analysis also indicates that fewer existing landlords are transferring properties they already own into limited company structures.
For letting agents and inventory clerks, the findings point to a potential shift in the composition of the landlord market, with fewer new corporate landlords entering the sector. Agents may wish to monitor how incorporation trends develop, as the balance between individual and company landlords affects portfolio management and client relationships.
Further details and figures are available in the original report.
Source: Landlord Today