Summer Budget 2015 – Landlords Reactions

Danny Dorling was referred to several times in the Parliamentary debate on UK Housing the other day. This is his web site:

http://www.dannydorling.org

Reply to the comment left by "Chris Cooper" at "04/12/2015 - 13:37":

Chris, what part of London you are from?

Reply to the comment left by "Saeef Khan" at "04/12/2015 - 13:39":

Hi Saeef - not London. I live in Windsor.

Reply to the comment left by "David Price" at "04/12/2015 - 13:33":

No, David. You are imagining things. We landlords forced Housing Association tenants to buy their homes and then forced them to sell them to us at greatly inflated prices. You have gone off script.

According to the lady in Parliament, the properties were 'transferred' into our ownership... (i.e. we somehow stole them from the people of Great Britain). Idiot (her; not you.).

Reply to the comment left by "Chris Cooper" at "04/12/2015 - 13:37":

Not a supporter of landlords wants longer term tenancies and the reason tenants are being evicted in London is because they cant afford the rent that landlords charge!

Just received the response to my FoI request sent in on 11th October about how LLs would be dragged into the Higher rAte Tax Band as a result of the C24 tax change. Seems to me to be a little low at 70,000.

Here's the full response:

I refer to your request below which was received on 11 October 2015, for the following information:
FOI 2938/15: Further to the answers given in FoI ref 2611/15 how many of the Landlords who declared and income from property in the tax year 2012-13 where Higher Rate taxpayers or above in that year (using that tax years tax thresholds)? And how many properties do they own? If the for the above, how many Landlords who where only Basic Rate taxpayers (using that tax years thresholds), who if their declared finance costs were added to their declared income would result in them becoming Higher Rate or Additional Rate taxpayers? And how many properties do own?
I am answering under the terms of the Freedom of Information Act 2000 (FOIA). HMRC does not hold information on the number of properties owned.
However, as we previously advised you in our response to your FoI request 2611/15, I can provide information on the number of properties that landlords reported they rented as collected on the SA105 land and property pages of the Self Assessment return. We do not hold information on the number of properties rented out by landlords who completed the SA200 short tax return or landlords that pay tax on their rental income through their PAYE code.
Of the 2.1 million individuals who declared property income in the UK and declared that they rent out 3.7 million properties; 550,000 were higher rate taxpayers or above in the tax year 2012-13 and reported renting out 1,140,000 properties.
If the basic rate taxpayers were to add their declared finance costs to their declared income in the tax year 2012-13, it is estimated that this would have resulted in 70,000 taxpayers being taxed at the higher rate or above. The number of properties these individuals reported renting out in 2012-13 is 260,000.

Reply to the comment left by "Barry Fitzpatrick" at "04/12/2015 - 14:43":

Lies, damn lies and stats is the phrase that springs to mind here!
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Reply to the comment left by "Ros ." at "04/12/2015 - 13:11":

I don't agree with RTB but if it is to be offered they could include a covenant that the property can only be occupied by an owner unless taken back into council or housing association ownership.

Reply to the comment left by "NW Landlord" at "04/12/2015 - 10:52":

Patrick Collinson has mounted a campaign against BTL for many years now. Hardly a week goes by without him writing an article against us.

Reply to the comment left by "Ros ." at "04/12/2015 - 13:11":

I assume Durham is not an Article 4 area?