Summer Budget 2015 – Landlords Reactions

Summer Budget 2015 – Landlords Reactions

14:00 PM, 8th July 2015, About 10 years ago 9619

Text Size

Budget 2015 - Landlords Reactions

The concern is;

Budget proposals to “restrict finance cost relief to individual landlords”Summer Budget 2015 - Landlords Reactions

To calculate the impact of this policy on your personal finances download this software


Share This Article


Comments

Dr Rosalind Beck

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

18:44 PM, 26th July 2015, About 10 years ago

Reply to the comment left by "Mark Alexander" at "26/07/2015 - 16:47":

Hi Mark.
I'm happy to go with your suggestion (- there are just a few typos to sort). We do have to somehow check we are not duplicating anyone else's petition. Maybe someone can take on that task? I'm easy regarding who starts it - whether it comes from here, from the SAL etc. - I just want it up and running so that we can start circulating it, writing emails with the link, try and persuade the DPS to circulate it, the landlord bodies etc. etc. We need it started and then we need to think of all of the organisations and individuals to send it to.

Dr Rosalind Beck

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

18:48 PM, 26th July 2015, About 10 years ago

Reply to the comment left by "Stewart Jackson" at "26/07/2015 - 18:40":

Hi Stewart. That's because we haven't started it yet. But it is imminent! We're just ironing out the details.

John McKay

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

18:58 PM, 26th July 2015, About 10 years ago

Reply to the comment left by "Ros ." at "26/07/2015 - 18:44":

Ros, as yet I don't believe anyone has created a petition but if we don't use the words mortgage interest relief then I believe there is a real risk that someone else could create one and dilute our efforts. Perhaps so much so that neither of the petitions reach the critical 100,000 number for it to be debated in Parliament.

Indeed if the second petition doesn't use those words then another one may be started by another party.

Dr Rosalind Beck

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

19:13 PM, 26th July 2015, About 10 years ago

Reply to the comment left by "Mark Alexander" at "26/07/2015 - 16:47":

Hi Mark. What do you think about John McKay's point? I'm easy. We can make the point that it's misleading terminology within the text we send to people? On the other hand, I don't necessarily think that people will be tapping in 'mortgage interest relief' as the main way to find the petition. I think they'll find the petition because we've sent them an email and the organisations we ask to circulate it will also be directly contacting them...

Stewart

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

19:52 PM, 26th July 2015, About 10 years ago

Thank you Ros.. Which site are a considering? Was it the Change.Org site?

Dr Rosalind Beck

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

19:58 PM, 26th July 2015, About 10 years ago

Hi Stewart and everyone else. I'm assuming this is the site:

https://petition.parliament.uk/petitions/check

Actually, on further consideration, I do mind about it being having 'mortgage interest relief' in the title, as the word 'relief' is the one I object most to.
In the bath, just had the thought about including in the title: 'Private Rental Tax'
That could be a persuasive title for tenants.
I wondered what happens once it gets 100,000 signatures and just read that it is then considered for debate in Parliament. We've got to get cracking!

Mark Shine

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

20:16 PM, 26th July 2015, About 10 years ago

Reply to the comment left by "Neil Patterson" at "26/07/2015 - 16:24":

Hi Neil

Thanks for your reply. When posting I never see an 'unsubscribe from this thread link' as you suggest.

What I see beneath ‘post comment’ is: ‘comment luv’ then ‘Notify me of followup comments via email’ then ‘Notify Me?’. Each of these 3 has a check box beside it.

I assume I should uncheck all 3 boxes? I have tried that, but does not seem to stop the emails.

On another note I sent my MP another email which included BTL Investor Scotland’s questions. I asked if he could ask GO or the Treasury to provide answers to all of them. BTW his own parliamentary role is at the Treasury.

BTL INVESTOR SCOTLAND

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

20:29 PM, 26th July 2015, About 10 years ago

Reply to the comment left by "Ros ." at "26/07/2015 - 19:58":

Hi Ros - I think you make a valid point. The suggestions from you, Mark Alexander and John McKay all have merit. My own preference is Mark's suggestion - Petition to scrap the rented property tax levy - I think this will have the widest appeal. I understand John is considering a separate petition on change.org aimed just at landlords. I am supportive of this as it will help to publicise the campaign. As landlords we need to stand up and fight and make sure our voices are heard.

Appalled Landlord

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

20:37 PM, 26th July 2015, About 10 years ago

For the petition I suggest something like:

“Don’t force up rents by levying a tax on mortgage interest”.

This should get support from tenants (and their relatives) just as much as from landlords.

John McKay

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

20:47 PM, 26th July 2015, About 10 years ago

Reply to the comment left by "Ros ." at "26/07/2015 - 19:13":

Hi again Ros. My point isn't about people trying to find the petition, it's about ensuring that there aren't more running parallel to each other. All signatories need to be against one effort so that we have more than an excellent chance of hitting the 100k.

Leave Comments

In order to post comments you will need to Sign In or Sign Up for a FREE Membership

or

Don't have an account? Sign Up

Landlord Automated Assistant Read More