Transferring mortgaged second buy-to-let home to a "limited company" to save tax. Person owns a second property, buy-to-let mortgaged. The property will be let out on assured short hold tenancies. The owner is a higher rate tax payer and would like to reduce tax payable on rental income. Is there a benefit in transferring the ownership of the property to a limited company where the owner is the director? Will the lender allow that? What is the process of doing that?