Limited company landlords are now a significant driver of mortgage activity, research from Pegasus Insight has revealed.

Newly released figures have shown that 20% of landlords have at least one buy-to-let mortgage in a limited company.

72% of limited company BTL landlords entered the market in the past five years.

66% of landlord-owned properties are now held in limited companies, up from 36% in 2020.

Limited company landlords now have more options with The Mortgage Works, which has removed the need for all mortgage applicants to be directors.

Rates have also been reduced by up to 0.25%

There are now more companies set up to hold buy-to-let property registered at Companies House than any other type of business.

Landlords are increasingly seeking incorporation and are now much more likely to have significant numbers of properties within such a structure

69% of landlords planning to purchase will buy in a limited company, according to new findings from Paragon Bank.

The lender has announced that it has launched a new range of products with rates starting at 5.49%