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

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

18:15 PM, 1st November 2015, About 9 years ago

Reply to the comment left by "Bill Morgan" at "01/11/2015 - 18:13":

Bill you summed it up well.

Barry Fitzpatrick

Become a Member

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

Sign Up

7:42 AM, 2nd November 2015, About 9 years ago

Just emailed BBC Breakfast about their story about homeless children being put up in a single room after being in b&b.

I have highlighted this will get substantially worse as Clause 24 starts to bite.

Also pointed out that rent increases will make the loss of tax credits pale into insignificance because of GOs stealth tax on Tenants.

Maria O'Neill

Become a Member

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

Sign Up

8:01 AM, 2nd November 2015, About 9 years ago

This article is what it's all about the big boys getting the nod from the government and getting a piece of the action

http://propertyinvestorsawards.co.uk/institutional-investors-set-to-revolutionise-private-rental-sector/

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

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

9:00 AM, 2nd November 2015, About 9 years ago

Yes a few of us have believed this from the beginning. But for the tenant i'm not sure long term it will be good. Rents will rise for the share holders.

Any benefit person will not be wanted nor the ones with poor histories.

Maria O'Neill

Become a Member

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

Sign Up

9:01 AM, 2nd November 2015, About 9 years ago

Don't want to be negative on a Monday morning but this is happening my MP said it has already passed the House of Commons and they consider it done and dusted. Need to plan from now as this will come round very quickly a lot of landlords are on for a massive shock so being ahead of the game is a slight advantage what this government is doing is beyond belief and the fall out will show this

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

9:10 AM, 2nd November 2015, About 9 years ago

Reply to the comment left by "Maria O'Neill" at "02/11/2015 - 08:01":

Yes the four year phasing in they have said to give landlords time to adjust is total crap . Its not for our benefit but to give the big boys time to get the houses built.

Si G

Become a Member

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

Sign Up

13:36 PM, 2nd November 2015, About 9 years ago

Reply to the comment left by "Maria O'Neill" at "02/11/2015 - 09:01":

I think the Gov is digging its obviously run out of money theyr looking anywhere for revenue, ltd co's next ? theres just no fun these days even the new build market is on life support unless the buyer wants to saddle themselves with debt ad infinitum

Jason McClean - The Home Insurer

Become a Member

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

Sign Up

13:39 PM, 2nd November 2015, About 9 years ago

Got a response from my local MP who says numerous constituents have raised the same issues with him. He is a Conservative and has written to the Chancellor and will pass on any response.

Getting more MPS banging on Osborne's door is the only way this is going to get noticed, until it is too late and by then Osborne will be swanning in the Lords counting his brown paper envelopes...

Dr Rosalind Beck

Become a Member

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

Sign Up

15:04 PM, 2nd November 2015, About 9 years ago

Encouraging article in Times today with two Conservative MPs speaking out against the fictitious income regime (FIR, as I am calling it). Here is the link, but you have to subscribe to read it all - or go out and buy a copy.

http://www.property118.com/budget-2015-landlords-reactions/76164/comment-page-557/#comment-67347

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