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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MoodyMolls

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19:03 PM, 22nd November 2015, About 9 years ago

Thanks all for completing surveys we need to complete as many as possible . It will then feed back hopefully to what a massive mistake GO is making.
So if anyone else gets one please alert everyone else

Dr Rosalind Beck

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19:44 PM, 22nd November 2015, About 9 years ago

People might like to revisit this thread:

http://www.property118.com/campbell-robb-ceo-shelter-open-letter/81625/comment-page-3/#comment-68276

In addition to completing the survey, contacting Shelter and Crisis directly seems like a good idea, now that Crisis suddenly seem to be getting worried about the effect on Housing Benefit recipients and the homeless.

Saeef Khan

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22:08 PM, 22nd November 2015, About 9 years ago

Interesting article by an accounting firm which suggests that, UK is more heavily taxed than most major economies, that's even before the introduction of new tax.

http://www.taxassist.co.uk/resources/show-news/title/UK-landlords-pay-more-buytolet-tax-than-other-major-economies/id/900000889

MoodyMolls

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6:59 AM, 23rd November 2015, About 9 years ago

Barry Fitzpatrick

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7:17 AM, 23rd November 2015, About 9 years ago

Reply to the comment left by "KATHY MILLER" at "23/11/2015 - 06:59":

In principle I think there is to much foreign purchases of UK assets, disagree with the comment "Tax breaks for buy-to-lets are still too generous."

MoodyMolls

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Saeef Khan

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

I was listening to radio this morning and they stated that, Buy To Let Mortgage rates will plummet and now they will come broadly in line with Owner Occupier Mortgages as lenders view this type of business very lucrative and lower risk than they used to view this business histroically as well as the fact lenders would like to help landlords with cash-flow in the light of new tax changes.

They went on to say, New Tax Changes will be compenstated in half by lower rates and half by rent increases.

It ain't all over till the fat lady sings it!

TheMaluka

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9:21 AM, 23rd November 2015, About 9 years ago

Reply to the comment left by "KATHY MILLER" at "23/11/2015 - 07:22":

What are you all waiting for, increase your rents now.

Saeef Khan

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9:28 AM, 23rd November 2015, About 9 years ago

Reply to the comment left by "David Price" at "23/11/2015 - 09:21":

David, you are well ahead of the game...:-)

Barry Fitzpatrick

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9:36 AM, 23rd November 2015, About 9 years ago

Reply to the comment left by "Saeef Khan" at "23/11/2015 - 09:10":

".... the fact lenders would like to help landlords with cash-flow in the light of new tax changes."

In which parallel universe do these Lenders exist? Lenders are out to make as much profit as they can, even at the expenses of undercutting other Lenders. They're just trying to grab market share before Basell III kicks in.

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