Skipton International has rolled out its limited company buy-to-let (BTL) product following a soft launch in late 2022.

The lender says it is rolling out this alternative to a growing number of BTL borrowers for their UK property purchases.

This method of managing a UK BTL portfolio is becoming a popular vehicle in which to purchase properties across Great Britain, according to Skipton.

Hamptons estimates that around 40% of all new BTL purchases are now made via a company structure.

In the period from September 2021 to September 2022, a total of 50,445 new companies were set up to hold BTL property.

Skipton’s business development manager Roger Hughes says: “Limited company lending is proving to be increasingly popular for purchasing properties for rental purposes in the UK.”

“There is much for landlords to consider regarding moving into limited company status, and, as always, it depends entirely on individual circumstances. We can currently assist with purchases in England and Wales.”