Summer Budget 2015 – Landlords Reactions

Summer Budget 2015 – Landlords Reactions

14:00 PM, 8th July 2015, About 10 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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Darren Bell

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16:09 PM, 20th November 2015, About 9 years ago

My tenants are today being sent their Christmas gifts. A notice to increase rents, I have held on long enough and as Mr Osborne has raised the cost of operating rentals properties, I must start now to claw this back before the changes start to take hold.

Mark Alexander - Founder of Property118

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16:12 PM, 20th November 2015, About 9 years ago

Reply to the comment left by "Trendo " at "20/11/2015 - 16:04":

Probably, it's certainly good evidence. HMRC would be unlikely to raise an inquiry unless the sold price was significantly less than HM Land Registry price calculator shows for the County based on indexation.
.

Saeef Khan

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22:41 PM, 20th November 2015, About 9 years ago

Reply to the comment left by "Matthew Ward" at "20/11/2015 - 03:32":

Mat, I am sorry, if my comments have come as disappointment to you. I was only going by the information I was given.

We can always hope for best, who knows, if Chancellor may still do some tweaking despite Finance bill being passed.

Since you live in London, we can meet up for coffee to exchange our yarns. Let me know, if you wanted to meet up. My email address is Camin289@gmail.com

Gareth Wilson

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23:26 PM, 20th November 2015, About 9 years ago

Reply to the comment left by "Darren Bell" at "20/11/2015 - 16:09":

Darren, I hope you made clear to your tenants whose fault this is.

Darren Bell

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8:40 AM, 21st November 2015, About 9 years ago

Reply to the comment left by "Gareth Wilson" at "20/11/2015 - 23:26":

Absolutely clear.

MoodyMolls

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8:52 AM, 21st November 2015, About 9 years ago

Please can you all take the survey

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Mark Alexander - Founder of Property118

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1:52 AM, 22nd November 2015, About 9 years ago

So what next?

How will George Osborne fill the hole in the deficit in light of the tax credits debacle?

Will he hit landlords yet again?

Check out my latest blog linked below
.

Saeef Khan

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9:56 AM, 22nd November 2015, About 9 years ago

Reply to the comment left by "Mark Alexander" at "22/11/2015 - 01:52":

Mark, Osborne is likely to hit Pensions to fill deficit hole. By removing Tax relief on Pensions, Exchequer could raise in excess of 14 Billion £'s.

He is also contemplating to sell off Land Registry and Northern Rock owned by Tax payer in order to fill hole. I am not sure, if he has further capacity to hit on landlords other than raising CGT to trap outgoing landlords who are left with no choice but to leave.

This would equate to attack on wounded animal.

MoodyMolls

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11:33 AM, 22nd November 2015, About 9 years ago

https://cresrsurvey.shu.ac.uk/snapwebhost/s.asp?k=144786267088

Please all take this survey it is important

Barry Fitzpatrick

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11:47 AM, 22nd November 2015, About 9 years ago

Reply to the comment left by "KATHY MILLER" at "21/11/2015 - 08:52":

Done

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