Most private landlords incorporated, for the first time
Kent Reliance’s latest Buy to Let Britain report reveals that three-quarters of loan applications for buy-to-let properties came from private limited companies, breaking the 50% barrier for the first time, as landlords struggled to make a profit following new stricter tax relief rules. Rent rises continued to slow, up just 1.5% on the year compared to 2.4% a year ago. And only 5% of landlords reported growing demand. More here.