5 Reasons why a Boris Tory win is great news for property investors

Reply to the comment left by Richard Adams at 14/12/2019 - 13:43
Richard,
The reality is that 43% voted Tory and 57% didn't.

As a property owner I would say that the experts were right and a catastrophe did follow the Referendum result. Economic growth slowed considerably (we went from fastest to slowest growing in the EU) and the housing market has flatlined.

I dislike Boris and the amount of lies the Tories blatantly told to win the election (88% of their online advertising was found to have factually incorrect content) but agree the economic outlook is better under him than JC's full scale renationalisation plans. But he's going to have to perform miracles with the economy just to make up the £28 Billion hit that Brexit will bring. I really hope he manages to do this but I somehow doubt it.

Thank you Ranjan.
If we are talking about residential BTL I agree mainly with Bristol Landlord who I suspect represents the vast majority of BTL investors in the residential sector.
Stability. Yes business has more confidence under the Tories, but that does not mean stability for BTL landlords.
"The economy tends to be strong" under Tories.Thats while we were in the EU. As BL says we still have a long way to go to create trade deals.The EU has a lot of clout which is why the US dislikes them. Richard, the catastrophe has yet to happen.
"Intelligient team". Exactly, the likes of George Osborne who removed mortgage tax relief.What next up their sleeves, so dumping BTL, paying CGT to incorporate only to find this government will still remove mortgage relief may not be wise.No government is interested in a few residential landlords.

Reply to the comment left by at 16/12/2019 - 10:28
With all due respect I disagree. BoJo is a born liar. Yes, I voted Tories as they represent lesser devil. But from today I am not so sure. Someone just sent me a link to a Telegraph article: https://www.telegraph.co.uk/business/2019/12/13/triumphant-boris-means-brussels-can-no-longer-play-divide-rule/
I do not subscribe so I am unable to read the whole article but a sentence "Britain is suddenly the only big country in western Europe with a fully functional government able to take radical measures and sweep aside resistance" sounds very dictatorial and ridiculous enough to make me sick with worry. Is that a different version of Commie Corbynov? Sounds like that.

Reply to the comment left by Richard Adams at 14/12/2019 - 13:43Oh Richard you are so right, I am very disappointed with the outcome of the election. But the vast majority of those eligible to vote - or even of those who actually voted - didn't vote for the selfservatives tho' did they?
Because of our first past the post PR system we are all stuck with the government that a MINORITY of our citizens selected - and after reading the manifestos (did you?), I am frankly terrified of the implications for democracy of P48 of the Tory offering, under our current 'leader'. We may never have the opportunity to vote again if some of the changes that are hinted at there are passed into law.
You are right; I am definitely feeling 'glass half empty' about this result, because I can see no reason at all for optimism.
I am desperately sad that Johnson, who surely no-one can deny is a racist, misogynistic, arrogant homophobe, not to mention being a deeply unpleasant, incompetent lying buffoon, now has a mandate to do more or less what he pleases and I do indeed despair for the future.
I see no indications in his past performances to reassure me that he believes his decisions should be based on what is best for his country, rather than on what is best for his party's billionaire donors.
As for the expert's predictions of the past 3 years about Brexit you poo-pooed, I'm pretty sure that those we've not seen yet materialise won't take long to rear their ugly heads now.
I am indeed a proud Socialist and, despite your inference, I'm not in the slightest bit reluctant to 'come out' and say so.
I'm a Socialist because I was raised to care about others; I want the NHS to succeed, I want education to be back in the control and under the guidance of those who care about our children and their well-being, rather than being owned and run by bodies concerned only with the profit they can extract from it.
I care about the sick, the disabled and the homeless and I had great hopes of a chance to change the way this broken country is run.
However, when history shows what a disaster this was, I will be able to say to my children and grandchildren that I tried my best to stop it.
Still, to mix a few metaphors here; the show's not over til the fat lady sings, so I just hope that now Johnson has been given enough rope to hang himself, things will somehow work themselves out before we all go down with his ship

So Section 21 will still be removed, Section 24 is still in place, we still can't charge tenants any fees to cover our legitimate costs and we're already hearing about the idea of a property MOT each time we re-let. Boris is aware that he picked up allot of former Labour voters, that’s what his “Blue Collar Conservatism” campaign was all about. He’s now going to want to do something to please these new found Conservative voters in the months, possibly years, it takes to sort out a trade deal with the EU and the USA. I get the feeling that this may well involve some more Landlord basing on top of everything that we have suffered to date.

Reply to the comment left by Jed Hardy at 16/12/2019 - 10:46
In the last 100 years, no General Election has been won with 50% or ore of the vote. Never likely to happen with more than 2 parties.

There has been a lot of ridiculous, exaggerated talk on this blog. Apparently, you think things are either going to be a disaster or they're going to be unbelievable great. Well the world isn't like that.

Reply to the comment left by Bristol Landlord at 14/12/2019 - 16:43
What do you mean by 'we are going to have to answer to Washington DC?' and you say 'goodbye NHS'. It's these sorts of very obvious lies that helped Boris win a large majority because most people are sensible enough to know when someone is making up nonsense.

So here are some facts. As a member of the European Union the UK is required to implement EU law across a wide range of areas, with the highest court governing these EU laws being the European Court of Justice. Once we leave the EU we will no longer have to embed new EU laws in our own law but will be free to decide on what is appropriate for the UK. No politician is suggesting that the US will set UK law.

On trade, under the Political Declaration, which has been agreed by the UK and EU, both sides are committed to implementing 'an ambitious, broad, deep and flexible partnership across trade and economic cooperation with a comprehensive and balanced Free Trade Agreement at its core.' So the UK is committed to establishing a free trade agreement with the EU. If we can also negotiate a FTA with the US, so well and good, but it hardly suggests US domination.

Reply to the comment left by Rob Thomas at 16/12/2019 - 15:51
I think Boris is probably a sociopath, but that might well be a good qualification for a PM.