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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Barry Fitzpatrick

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17:08 PM, 20th October 2015, About 9 years ago

GO is obviously going for broke (the UK economy that is).

Dr Rosalind Beck

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17:45 PM, 20th October 2015, About 9 years ago

Just for information - nothing new - just that the Guild of Residential Landlords has sent out a mailshot showing what C24 means with one example. It might catch a few more landlords and bring them in to the twilight world (that's what this bloody thing feels like):

http://www.landlordsguild.com/how-cutting-mortgage-interest-relief-affects-you/

Kathy Evans

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17:50 PM, 20th October 2015, About 9 years ago

Reply to the comment left by "David Price" at "20/10/2015 - 17:02":

No need to make any provision for extra claimants, just cut benefits. The they'll starve (with any luck) or end up on the streets (GO and his cronies can have washed off with water cannon if they start to look untidy) and won't be a problem to the Treasury.

Perhaps it would be a good time to retrain as an undertaker or a food bank delivery driver.

TheMaluka

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18:11 PM, 20th October 2015, About 9 years ago

I have just had a conversation with a fellow landlord concerning clause 24. Initially he was not concerned as he was nowhere near a higher rate taxpayer. When he fully understood the implication panic set in; he now realises that he is liable to lose everything he has built up over the last 30 years unless he takes drastic and expensive action. I have a suspicion he will sign the petition!

MoodyMolls

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19:48 PM, 20th October 2015, About 9 years ago

Reply to the comment left by "Kathy Evans" at "20/10/2015 - 17:50":

Undertakers is a very good job to be in if thats your cup of tea.

funeral costs arei going up 7% a year. Burial plots are even better really hard to get

Where can we buy shares in funeral providers?

Jon Pipllman

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20:06 PM, 20th October 2015, About 9 years ago

http://www.dignityfunerals.co.uk/corporate

is the biggest listed on the London market IIRC

Barry Fitzpatrick

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22:19 PM, 20th October 2015, About 9 years ago

Reply to the comment left by "David Price" at "20/10/2015 - 16:58":

@David

Way too subtle for me

Barry Fitzpatrick

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22:24 PM, 20th October 2015, About 9 years ago

Reply to the comment left by "Saeef Khan" at "20/10/2015 - 14:03":

I think that there are still lots of LLs who are not aware of the proposed tax changes and/or don't think it'll affect them.

Costas Tzanos

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22:29 PM, 20th October 2015, About 9 years ago

HMO just got a slating on bbc 1 news.

Dr Rosalind Beck

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22:45 PM, 20th October 2015, About 9 years ago

Tomorrow's Metro's front page is about soaring rents. Well they ain't seen nothing yet.

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