Consumer organisation Which? has published an online guide giving the pros and cons of setting up a limited company as a vehicle for buy to let properties.
The subject of incorporation has been in the news in recent weeks as a result of the number of landlords using companies to hold their BTL property portfolios passing 400,000 last month.
The lettings agency Hamptons says BTL companies have quadrupled in number since the former Conservative government introduced changes to mortgage interest taxation in 2017.
The guide gives advantages and disadvantages and explains why, for some landlords, the process may be more trouble than it’s worth.
This article is taken from Landlord Today