Summer Budget 2015 – Landlords Reactions

Summer Budget 2015 – Landlords Reactions

14:00 PM, 8th July 2015, About 9 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

Mark Alexander - Founder of Property118

Become a Member

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

Sign Up

22:08 PM, 22nd August 2015, About 9 years ago

Reply to the comment left by "shakeel ahmad" at "22/08/2015 - 21:49":

I will never run another legal action campaign again. It is a ridiculous amount of work but when the time comes for people to put their money where there mouth is there are suddenly no people! Take a look at the BoI thread, I sacrificed a year of my free time on that legal campaign and for what?

I'm happy to lobby for something I'm passionate about and I'm happy to work with others who share the same goals. However, when it comes to organising a legal campaign, been there, done that, lost the tee-shirt.

I might feel different if/when we win the case against Wedt Brom next April.
.

Become a Member

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

Sign Up

22:57 PM, 22nd August 2015, About 9 years ago

Reply to the comment left by "Connie Cheuk" at "22/08/2015 - 18:17":

I shared the link in my Facebook time line. ......and anyone that has bothered to comment has been in support of go.

steve sanders

Become a Member

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

Sign Up

9:38 AM, 23rd August 2015, About 9 years ago

'No mention of this stupid change in the general election manifesto', people say.

Oh yes it was mentioned in the election campain

https://www.youtube.com/watch?v=YzGyEXPDQBI

Fast forward to 4:20 in the timeline of this car crash interview with Natalie Bennet, Green Party nutter.

Also
https://www.youtube.com/watch?v=9TYHhE7sgmg
(See 2 mins in)

The Green Party fielded more candidtates then at any other election and yet their manifesto was completely rejected by the electorate.

So what does it make George Osborne if he lifts policies from this sort of nutter who got a complete drubbing by the electroate???

Monty Bodkin

Become a Member

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

Sign Up

10:31 AM, 23rd August 2015, About 9 years ago

Reply to the comment left by "steve sanders" at "23/08/2015 - 09:38":

I'm not convinced this was lifted from the Greens.

This left leaning Conservative MP was spouting about it before then;

https://www.lettingagenttoday.co.uk/1352-tory-mp-eyes-end-to-lettings-sector-tax-perks

12 January 2015

Conservative MP, Charlie Elphicke is cited in the FT as one member of parliament saying this new data is sufficient for ministers to call a halt to buy to let tax perks such as wear and tear allowance and relief on mortgage interest.

Note that is all mortgage interest.

MoodyMolls

Become a Member

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

Sign Up

11:44 AM, 23rd August 2015, About 9 years ago

Reply to the comment left by "John McKay" at "22/08/2015 - 19:31":

I always remember a director of a timber frame company saying

In America if you do well they slap you on the back in England they knife you.

steve sanders

Become a Member

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

Sign Up

12:13 PM, 23rd August 2015, About 9 years ago

Reply to the comment left by "KATHY MILLER" at "23/08/2015 - 11:44":

Just to rephrase what you said, they only knife you here if you have done well in a single generation. Remember, the super mega wealthy such as the Duke of Westminster pay nothing extra as a result of all this. These landed gentry have it all in trusts and passes from generation to generation untouched by tax. George Osborne will never touch these guys as his own personal wealth is also in trusts from his familes wallpaper business.

MoodyMolls

Become a Member

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

Sign Up

12:32 PM, 23rd August 2015, About 9 years ago

Reply to the comment left by "steve sanders" at "23/08/2015 - 12:13":

Yes and they intend to keep the divide by stopping anyone progressing upwards.

Saeef Khan

Become a Member

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

Sign Up

12:50 PM, 23rd August 2015, About 9 years ago

Zac Goldsmith MP for conservative is running a campaign on tackling housing issues and he is interested to hear any views. (Please see his facebook page).

As he is contemplating to become Mayor of London,getting involved with him could potentially pay dividends as he has 100 and thousands of supporters and particularly, he is running a campaign.

I believe, we should strike whilst iron is hot. Let me have your thoughts?

Ros/Connie, all correspondence you have been sending to others may be well worthwhile to forward to Zac Goldsmith.

Become a Member

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

Sign Up

13:05 PM, 23rd August 2015, About 9 years ago

Reply to the comment left by "KATHY MILLER" at "23/08/2015 - 11:44":

So true Kathy. .This landlord tax and the new dividend tax is the biggest proof of that.

Connie Cheuk

Become a Member

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

Sign Up

13:16 PM, 23rd August 2015, About 9 years ago

Reply to the comment left by "Saeef Khan" at "23/08/2015 - 12:50":

Thanks for letting us know, Saeef.

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