Friday News #0106- Rise in Landlords Purchasing BTL Properties through Limited Companies

In fast moving markets, it can be difficult to secure a property with a level head, if you’re purchasing for investment getting caught up in a busy market can affect your success long term.

By providing our investors with the facts and figures and sharing knowledge built over years of investing in property, the TD team steer clients towards financial betterment regardless of the market climate.

Here’s what we’ve seen in the news this week:

Rental yields hit 3-year high: Q1 this year has seen average rental yields increase to 6.0% – the highest recorded in three years, according to the latest data from Paragon Bank. Paragon’s research highlights that rental yields climbed by 0.2% from 5.8% in Q4 2020 to 6.0% in Q1 2021. This represents a year-on-year increase of 0.7% after landlords said they were able to generate average yields of 5.3% in Q1 2020. Read more.

Rise in Landlords Purchasing BTL Properties through Limited Companies: Rising numbers of UK and international landlords are choosing to register as a limited company to manage their portfolios and to take advantage of sizeable tax benefits. Read more.

UK mortgage lending hits record amid stamp duty rush: Mortgage borrowing in the UK has reached its highest level since modern records began as buyers rushed to beat the now-extended stamp duty holiday deadline. Read more.

UK housing market ‘on the boil’ as prices rise: UK house prices rose by 7.1% compared with a year ago, the Nationwide has said, prompting one analyst to suggest the market is “on the boil”. The building society said the average property price had risen by £15,916 in the last year, to reach £238,831. The Nationwide said increased savings during lockdown meant some first-time buyers would be better placed to afford a home. Read more.