Portfolio landlords using companies double in number in five years

The proportion of incorporated property held by portfolio landlords who utilise limited companies has more than doubled in five years.

Research conducted by Pegasus Insight on behalf of Paragon Bank found that 12% of landlords use a mixture of individual and limited company ownership. Of those, an average of 76% of the portfolio, or 13.1 properties, were incorporated at the end of the third quarter of the year.

This is up from an average of 36% of portfolios, or 6.3 properties, that were incorporated in the first quarter of 2020 and nine properties during the same period in 2023.

According to the research, coordinated by Pegasus Insight on behalf of Paragon Bank, individual ownership remains the most prevalent structure, with 79% of landlords holding their portfolios in their own name. The remaining 9% is made up of landlords who have incorporated their entire portfolios. Letting Agent Today