Record numbers of buy-to-let landlords are using a tax loophole to try to minimise their payments to HM Revenue & Customs, research by Hamptons has found.
Thousands of landlords are transferring properties from their own names into company names every month, the report published today says.
More than 50,000 buy-to-let companies have been incorporated with Companies House in the past year, taking the total over 300,000, and more than double the level for 2017.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
