20% of landlords have at least one BTL mortgage for property held in a limited company, rising to 30% among portfolio landlords.
According to the latest Q2 2025 Landlord Trends research, conducted by Pegasus Insight on behalf of Foundation Home Loans, there is a rising trend for incorporation among landlords.
Average proportions of a limited company landlord’s portfolio held within these structures have more than doubled over the past five years, increasing from 36% in Q1 2020 to 74% in Q2 2025.
Limited company ownership is reported to be especially prevalent among portfolio landlords, with 34% reporting at least one incorporated property.
Meanwhile, 7% of all landlords have fully incorporated portfolios, and a further 13% own a mix of individually and company-held properties.
The data also highlights future purchase intent, with 63% of landlords looking to buy through a limited company structure and 29% preferring to buy in a personal name.
Notably, none of the landlords who currently have property held in a limited company said they planned to make their next purchase as an individual.
When it comes to refinancing, portfolio borrowers with more than four BTL mortgages are significantly more likely than consumer borrowers to refinance in a limited company (30% vs. 8%).
For those arranging limited company BTL finance, the research revealed the most important lender selection factors — aside from rate — are minimal fees, overpayment flexibility and service quality.
Grant Hendry, director of sales at Foundation Home Loans (pictured above), commented: “The adoption of limited company structures by landlords continues to gather significant momentum, particularly among more experienced investors who are growing and restructuring their portfolios.
“This shift reflects both a strategic response to the tax landscape and a desire for greater long-term flexibility.
“The research underlines the growing importance of limited company BTL finance and reinforces the commitment required from lenders to deliver tailored specialist solutions that meet the evolving needs of today’s landlords.
“And whether clients are refinancing, expanding or reshaping their portfolios, we’re here to support them with products and service designed for a more complex market.”
