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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NW Landlord

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14:50 PM, 26th November 2015, About 9 years ago

Ros me and my partners are responsible directly for a huge amount of houses in th north west what I've said is it could lead to hundreds of families being evicted once the tax sets it

Saeef Khan

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15:24 PM, 26th November 2015, About 9 years ago

Reply to the comment left by "Stewart Jackson" at "26/11/2015 - 12:17":

Stewart,

It states in draft legislation that if you have 15 or more properties then you are not affected by these changes, they do not state what values they must be...only 15 properties.

So you can buy a property for £1 (if you can) and as long you have 15 properties you are exempt from it.

Saeef Khan

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15:28 PM, 26th November 2015, About 9 years ago

I have today met Simon Lever an accountant and I discovered him from property118 and I can categorically say, he is one of best accountants I have met, since I have been a landlord.

He has very good strategies, which may not be appropriate for everyone but they are very rational.

Highly recommended.

Saeef Khan

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Chris Novice Shark Bait

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16:56 PM, 26th November 2015, About 9 years ago

Reply to the comment left by "Ros ." at "25/11/2015 - 21:36":

I agree,

We have been sidelined into the long grass by Tax credits and national security. Our time may yet come and we must keep pressing. If no legal challenge is to be made, compensation and government embarrassment is not still out of the question.

Laura Delow

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16:58 PM, 26th November 2015, About 9 years ago

Reply to the comment left by "Saeef Khan" at "26/11/2015 - 15:24":

yet to be ratified.

Laura Delow

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17:02 PM, 26th November 2015, About 9 years ago

Reply to the comment left by "James dengel" at "26/11/2015 - 09:27":

Totally agree. Our vote is outweighed by the rest of the electorate whom we are in competition with or rent to. GO has therefore gone for the route of least resistance on where to fill his coffers from. Although I hate to admit it, probably in his shoes we would have made the same choice. He's gotta get his dosh from somewhere

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17:37 PM, 26th November 2015, About 9 years ago

Reply to the comment left by "Laura Delow" at "26/11/2015 - 17:02":

I wouldn't. The very idea of a government needing to "balance the books" is a nonsense in our low interest climate. But that's probably another thread 🙂

Saeef Khan

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17:42 PM, 26th November 2015, About 9 years ago

http://www.mirror.co.uk/news/uk-news/george-osborne---the-tories-little-199507

Interesting, George Osborne little Tories boy with identity crisis.

Barry Fitzpatrick

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18:22 PM, 26th November 2015, About 9 years ago

Reply to the comment left by "Saeef Khan" at "26/11/2015 - 17:42":

I can stopping thinking of GO as Piers Fletcher-Deverish from the New Statesman. 🙂

I just wish a real A. B'stard would shove a red hot poker up his a***e.

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