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

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Ian Simpson

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22:21 PM, 9th November 2015, About 9 years ago

Is there some way to avoid this measure through setting up an LLP ?? I have filled in the relevant form on property118 twice now with zero response ... Not sure what's going on here....? Can you message me Mark..? Thanks

MoodyMolls

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22:29 PM, 9th November 2015, About 9 years ago

Reply to the comment left by "Ros ." at "09/11/2015 - 20:20":

That's great Ros
The more the merrier

Dr Rosalind Beck

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9:23 AM, 10th November 2015, About 9 years ago

And in Ireland today:

http://www.independent.ie/irish-news/curbs-on-landlords-who-evict-to-sell-up-34185259.html

There are a few interesting comments about the 'nanny state.' It seems pretty incredible that you have to prove legally you aim to sell in order to get vacant possession of your own property.

Mark Alexander - Founder of Property118

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10:21 AM, 10th November 2015, About 9 years ago

Reply to the comment left by "Ian Simpson" at "09/11/2015 - 22:21":

Hello Ian

I have responded to your submissions, please check your spam/junk folders.

I am not aware of any strategies where an LLP could be advantageous.
.

Dr Rosalind Beck

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13:40 PM, 10th November 2015, About 9 years ago

I have just begun my first submission to the Lords Committee on the Economics of the Housing Market:

'Submission on the issue of how the Government can encourage a long term rental culture.'

This one is going to be easy-peasy as I am stealing the information Mark/Neil has provided today on the DPS' findings that 80% of tenants don't want long term tenancies. So, as usual the theoretical premises of Parliament's aims are all wrong.
Bloody hell - it just shows they don't know their arse from their elbow - 'let's work out how we can achieve something that the vast majority of the target group we hope to help doesn't actually want.'

BTL INVESTOR SCOTLAND

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17:12 PM, 10th November 2015, About 9 years ago

Note what Brandon Lewis says about institutional investment in the PRS.

http://www.theyworkforyou.com/debates/?id=2015-11-09a.14.3&s=PRIVATE+RENTED+HOUSING#g15.0

I remain convinced that the Government wants to rid the sector of individual landlords to make way for the institutions.

Interestingly he recognises that introducing regulatory burdens pushes up costs and rents. No mention of tax changes pushing up costs and rents.

MoodyMolls

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17:41 PM, 10th November 2015, About 9 years ago

Reply to the comment left by "BTL INVESTOR SCOTLAND" at "10/11/2015 - 17:12":

Yes and when the institutions control the market watch the rents rise.

I also think they want to get rid of social housing .

Ian Simpson

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18:02 PM, 10th November 2015, About 9 years ago

Reply to the comment left by "Mark Alexander" at "10/11/2015 - 10:21":

Hi Mark

Nowt received

Please email to ian@simpson5.com

Thanks

IAn

Disappointed

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21:50 PM, 10th November 2015, About 9 years ago

See correspondence received today from Karen Buck MP. The letter is addressed to Karen from David Gauke (Financial Sec to the Treasury) in response to a letter we sent to Karen. Basically the treasury are not budging! and don't give a damn how this impacts anyone!

Maria O'Neill

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21:52 PM, 10th November 2015, About 9 years ago

Do what u need to survive end of story

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