The ownership of BTL properties via limited companies hit a record high in 2025, according to analysis of industry data by Paragon Bank.
This research found that limited companies accounted for 43% of BTL house purchases in 2025, up from 35% the year before.
The trend of limited company BTL ownership has been rising steadily since 2018 when it was just 7.5%.
Paragon Bank surveyed 500 landlords for its research on limited company ownership and found that 29% of respondents hold their properties exclusively via limited companies.
With another 36% splitting ownership between corporate entities and personal names, two?thirds (65%) of landlords have created at least one SPVs for their BTL investments.
Paragon’s research also gauged how landlord age is influencing choices around limited companies.
Among landlords aged 25-34, 57% of properties are held in limited companies, while 43% are owned through a mix of corporate and personal names.
In the 35-44 bracket, limited company holdings fall to 46%, with another 39% mixed, placing them just behind the youngest group in SPV adoption.
“As landlords have adjusted to being taxed on gross rental income, incorporation has become an increasingly attractive and often necessary route to maintain profitability,” said Louisa Sedgwick, managing director of mortgages at Paragon Bank (pictured above).
“Limited company structures can potentially not only offer more efficient tax treatment but also provide greater flexibility for portfolio growth and long?term planning.
“The record share of purchases and remortgages completed through limited companies in 2025 underlines how deeply this trend is now embedded in the sector, and it is one we anticipate will continue.”
