Summer Budget 2015 – Landlords Reactions

Summer Budget 2015 – Landlords Reactions

14:00 PM, 8th July 2015, About 9 years ago 9619

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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


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Moffard John

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8:27 AM, 31st July 2015, About 9 years ago

On average there is one signature every minute...I'm confident if momentum continues on this rate then we are set to hit over 500k signatures by the time we reach deadline on 27/01/2016.

Mark Alexander - Founder of Property118

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8:30 AM, 31st July 2015, About 9 years ago

Reply to the comment left by "BTL INVESTOR SCOTLAND" at "31/07/2015 - 00:15":

Fantastic idea, you create the bullets, I will keep on firing them. Hopefully other will join in with re-tweets.

BTL INVESTOR SCOTLAND

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8:32 AM, 31st July 2015, About 9 years ago

Many of you will have already written to your MP on this issue. We need to keep our MPs updated on our campaign. Here is a copy of an email I sent to my MP today.

Further to my recent emails to you concerning the Government's plans to restrict finance cost relief for individual landlords, I wish to advise you that there is now an e petition against this proposal.

Over 4,000 people have signed the petition in just two days. It is being signed by a wide range of people, not just landlords.

https://petition.parliament.uk/petitions/104880

I have attached a questions and answers document which fully explains the wide ranging social and economic consequences of the Government's proposal. This document has been prepared by a small group of concerned landlords who want people to understand the consequences of this unfair, and ill thought out, tax proposal.

Feel free to share this document with whoever you think may be affected by the proposal.

BTL INVESTOR SCOTLAND

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8:38 AM, 31st July 2015, About 9 years ago

Reply to the comment left by "Connie Cheuk" at "31/07/2015 - 07:56":

I have sent the following email to enquiries@bankofengland.co.uk

Further to my recent email to you concerning the Government's plans to restrict finance cost relief for individual landlords, I wish to advise you that there is now an e petition against this proposal.

Over 4,000 people have signed the petition in just two days. It is being signed by a wide range of people, not just landlords.

https://petition.parliament.uk/petitions/104880

I have attached a questions and answers document which fully explains the wide ranging social and economic consequences of the Government's proposal. This document has been prepared by a small group of concerned landlords who want people to understand the consequences of this unfair, and ill thought out, tax proposal.

Please confirm that you will take account of this document in your review of the buy to let sector.

Connie Cheuk

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8:40 AM, 31st July 2015, About 9 years ago

Reply to the comment left by "John McKay" at "31/07/2015 - 08:21":

Thank you, John. Glad to hear that Rob is promoting this cause.

Mark Alexander - Founder of Property118

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8:41 AM, 31st July 2015, About 9 years ago

Reply to the comment left by "BTL INVESTOR SCOTLAND" at "31/07/2015 - 07:53":

Neil Patterson will send the list of questions to our local BoE chap. All regions have one, we should all look up the local one and send them the Q&A - link to text below.
.

John McKay

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8:49 AM, 31st July 2015, About 9 years ago

Reply to the comment left by "Mark Alexander" at "31/07/2015 - 08:41":

Just looked on the BoE website Mark, can't find any reference to local people. Do you have a link that will indicate who is local guy? Or should we just write to Mark Carney?

BTL INVESTOR SCOTLAND

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8:49 AM, 31st July 2015, About 9 years ago

Reply to the comment left by "Mark Alexander" at "31/07/2015 - 08:30":

Mark Alexander here is another one for you:

FORCE THE GOVERNMENT TO CHANGE ITS HOUSING POLICY - ENCOURAGE INVESTMENT IN HOUSING AND STOP RENTS GOING UP

Shakeel Ahmad

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8:51 AM, 31st July 2015, About 9 years ago

The tax free 32k has been withdrawn. It has now £5k, the dividends can be from a close company or ICI.

dom glynn

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8:57 AM, 31st July 2015, About 9 years ago

Reply to the comment left by "Ros ." at "30/07/2015 - 23:11":

Hi Ros,
I've emailed the TDS. If and when I get a response I'll post it here.

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