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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Markb

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8:52 AM, 5th August 2015, About 9 years ago

Reply to the comment left by "Ros ." at "05/08/2015 - 07:31":

Ros
Jeremy Hunt has replied to me by e-mail last night 4/8/15. He has sent an e-mail to the Chancellor on my behalf.

Connie Cheuk

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9:06 AM, 5th August 2015, About 9 years ago

Reply to the comment left by "Dom " at "05/08/2015 - 08:47":

Yes - it's down for maintenance.

Shakeel Ahmad

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9:12 AM, 5th August 2015, About 9 years ago

I did and many of friends who wanted to sign had not been able it state Error 404.

Dr Rosalind Beck

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9:23 AM, 5th August 2015, About 9 years ago

Petition site back on. 7,733 signatures.
Thanks Mark for info on Jeremy Hunt.
And yes, Connie, 'dire shortage of houses to rent' will be an important angle. The proposal has been directed allegedly to help people own rather than rent, and is effectively an attack on tenants as well as landlords as we are in a symbiotic relationship with each other. There is quite a bit of anti-tenant rhetoric - we saw some of it on a comment yesterday - as though tenants are morally inferior to home owners.

Markb

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9:28 AM, 5th August 2015, About 9 years ago

how do I stop getting an email every time someone posts on this forum please?
I have untracked the boxes:

comment lu
notify me of followup comments
notify me

HELP!

Neil Patterson

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9:36 AM, 5th August 2015, About 9 years ago

Hi Mark,

There is an unsubscribe from this comment thread link under every comment notification.

However it will sign you up again the next time you comment so you will have to remember to press the unsubscribe link in the comment notification.

BTL INVESTOR SCOTLAND

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10:22 AM, 5th August 2015, About 9 years ago

Ros - from the information you have received so far can you confirm if all members of the Treasury Committee have received a letter from someone on this forum? The MPs on the committee are:

Steve Baker
Bill Esterson
Mark Garnier
Helen Goodman
Stephen Hammond
George Kerevan
John Mann
Chris Philp
Jacob Rees-Moog
West Stirling
Andrew Tyrie

These will be the MPs who will scrutinise the Finance Bill at Committee stage.

BTL INVESTOR SCOTLAND

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10:34 AM, 5th August 2015, About 9 years ago

Comment from Scottish Association of Lanldords today:

'We are working with the RLA on this matter. SAL has not spoken directly with the Chancellor but the Government has announced that it would like to formally consult stakeholders on the detail of the measures announced in the summer budget and in this regard we are in the process of setting up a meeting with officials from HM Treasury. We will continue to campaign against the introduction of this change whilst at the same time proposing ways the effects could be mitigated in the event that the Government chooses not to retract their plans.'

Kathleen

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10:41 AM, 5th August 2015, About 9 years ago

Reply to the comment left by "BTL INVESTOR SCOTLAND" at "05/08/2015 - 10:34":

Hi BTL INVESTOR SCOTLAND
One way to mitigate this proposal would be to allow the Financial Costs to be deducted from rental income and if this means you are a higher rate tax payer ie. based on "actual "income - then restrict the relief to 20%. This would avoid all the distortionary effects the current proposal has.

Charmaine ******

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11:01 AM, 5th August 2015, About 9 years ago

I have made an appointment to see Michael Fallon MP on the 5th September 15. (Sevenoaks constituency )

I have e mailed him in advance and contacted his PA to request that he considers the content of my email prior to our meeting so that he can familiarise himself with the issues.

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