Nearly 50,000 Buy-to-Let companies set up in 2021:
Last year, a record high of 47, 700 companies were set up across the UK according to Companies House data. This number is double that of 2017 when the news investors with properties under their personal could no longer claim interest. However, the rate growth between prior years had fallen, with their being a 14% increase from 2020-2021 whereas there was a 30% increase between 2019-2020. Buy-to-let companies currently hold a total of 583,000 mortgaged properties which accounts for approximately 30 percent of all buy-to-let mortgages across the UK. ____ What is the future
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