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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Dr Rosalind Beck

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16:24 PM, 24th August 2015, About 9 years ago

Reply to the comment left by "Ros ." at "24/08/2015 - 16:18":

Whoops, I spoke too soon. I would also be interested if anyone can find any evidence for me for the following statement:
'There is, in fact, evidence that tenants in the PRS are more satisfied than tenants in social housing.'
I think I read it somewhere, but can't remember where.

Connie Cheuk

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16:30 PM, 24th August 2015, About 9 years ago

Reply to the comment left by "Matthew Dervin" at "24/08/2015 - 15:38":

Matthew, Please could you include links to the relevant articles setting out how much the tax will impact specific landlords, especially those who will lose all profits.

Also a link to the petition.

Connie Cheuk

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16:31 PM, 24th August 2015, About 9 years ago

Reply to the comment left by "Ros ." at "24/08/2015 - 16:24":

Just read this - may be helpful with the percentages.

http://www.propertyreporter.co.uk/landlords/research-dispels-bad-landlord-stereotype.html

John McKay

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16:33 PM, 24th August 2015, About 9 years ago

Reply to the comment left by "Stewart Jackson" at "24/08/2015 - 10:30":

Oh Stewart that is great news!

Connie Cheuk

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16:34 PM, 24th August 2015, About 9 years ago

Reply to the comment left by "Ros ." at "24/08/2015 - 15:19":

Thanks, Ros. I won't read any more

Connie Cheuk

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16:38 PM, 24th August 2015, About 9 years ago

Reply to the comment left by "Stewart Jackson" at "24/08/2015 - 10:30":

Hi Stewart, I didn't actually buy the Telegraph, but will be asking them to send a back copy.

Dr Rosalind Beck

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16:49 PM, 24th August 2015, About 9 years ago

Reply to the comment left by "Connie Cheuk" at "24/08/2015 - 16:31":

Thanks Connie. I just used this statistic from the report:
'Only 6% of tenants feel their relationship with their landlord is bad or very bad.'

Dr Rosalind Beck

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18:10 PM, 24th August 2015, About 9 years ago

I wrote again to Andrew Pierce at the Daily Mail saying they had missed out on a scoop. He has just replied in a most promising way, regarding passing it on the Mail investigations unit:

'Will do. It should have been our scoop not the Telegraph’s let's get it right this time, and thanks again.'

(!!)

MoodyMolls

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18:30 PM, 24th August 2015, About 9 years ago

Reply to the comment left by "Ros ." at "24/08/2015 - 18:10":

Well done Ros

Below it is saying that if they get more people to rent then they can build more houses because at mo the NIMBY homeowners are the most likely to vote
http://www.smf.co.uk/wp-content/uploads/2013/11/Publication-The-Politics-of-Housing.pdf

Its towards the end

Shifting the balance of power from insiders to outsiders is an important part of ensuring that
planning decisions reflect wider societal needs for housing. In areas of high demand, local
opposition to further development tends to be even higher, further compounding the
problem of supply not keeping up. The trend in home ownership set described above has
created a larger group of people for whom development would not be in their interests.
Potential ways of dealing with this include reducing the number of insiders and diluting the
influence of insiders in decision-making.
In the social housing sphere specifically, solutions are needed to resolve the disjuncture in
decision-making between welfare and housing policy that creates uncertainty for those
looking to invest in social housing.
Reducing the number of insiders
A longer-term solution could focus on making the private rented sector more attractive as a
form of tenure. If this reduced the proportion of home-owners, this would most likely reduce
local opposition to development, due to the dynamic described above.
Currently, there are a number of features that reduce the attractiveness of private rented
accommodation. These include low quality and standards in some types of housing and a
lack of provision for those who require the security of longer-term tenancies. To some
extent, increasing housing supply will relieve these problems, as greater choice will force
landlords to be more responsive to households’ needs – and recent Government drives in
encouraging more new building for rent may go some way towards doing this.

BTL INVESTOR SCOTLAND

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18:32 PM, 24th August 2015, About 9 years ago

Wow, petition is currently at 18,135 signatures, up more than 1,000 is 24 hours.

All the hard work is paying off.

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