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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Chris Byways

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16:26 PM, 14th January 2016, About 9 years ago

Lisa S

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16:38 PM, 14th January 2016, About 9 years ago

Humph!
I wonder what the average age of a person working at IF is?
Do they realise that they may be lucky enough to be a pensioner one day?

TheMaluka

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16:45 PM, 14th January 2016, About 9 years ago

Reply to the comment left by "Chris Byways" at "14/01/2016 - 16:26":

It's not my fault that successive governments have used my pension contributions to fund other things rather than properly fund the pension scheme.

Euthanasia is the answer but not for pensioners, IF should look to its own first.

Dr Rosalind Beck

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16:51 PM, 14th January 2016, About 9 years ago

Reply to the comment left by "David Price" at "14/01/2016 - 16:45":

Lol.
What would be good is if a person with an investigative bent could look into the members of the IF and search for personal links between its members and members of the Tory Government and/or Treasury officials. I would say that when an organisation has such a disproportionate influence compared to its credentials, there is something fishy going on.

money manager

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17:05 PM, 14th January 2016, About 9 years ago

Reply to the comment left by "Appalled Landlord" at "13/01/2016 - 17:58":

No, for investment!

Lisa S

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17:06 PM, 14th January 2016, About 9 years ago

Reply to the comment left by "Ros ." at "14/01/2016 - 16:51":

http://www.zoominfo.com/p/Ashley-Seager/1842391409

What a load of twaddle!!

Dr Rosalind Beck

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17:13 PM, 14th January 2016, About 9 years ago

Reply to the comment left by "Lisa S" at "14/01/2016 - 17:06":

Yes, Lisa. A load of ageist crap. They shouldn't be allowed to get away with it. Just like with their view of private landlords, they stereotype older people rather than present evidence-based research and a balanced viewpoint. I hate all this labelling and stereotyping of people.

I can't believe members of this group can be treated on an equal level with the likes of the IFS, which I really respect, despite the fact that they keep refusing to offer us more public support (Paul Johnson was of course very helpful at the Treasury Select Committee after the Budget). They 'fiercely guard' their impartiality. The complete opposite to the IF.

I just can't get my head around how such a useless bunch of wasters have the ear of Government. It needs to be investigated!

Appalled Landlord

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17:34 PM, 14th January 2016, About 9 years ago

Reply to the comment left by "money manager" at "14/01/2016 - 17:05":

Thanks m m

That’s what I thought.

Last July Osborne said he wanted to help would-be owner-occupiers by penalising landlords, but later that month Cameron said he wanted more foreigners to compete with them. https://www.gov.uk/government/speeches/tackling-corruption-pm-speech-in-singapore “The vast majority of foreign-owned businesses that invest in property in the UK are entirely legitimate and proper, and have nothing at all to hide. They are welcome in Britain. Indeed I want more of them.”

Also available on youtube

You couldn’t make it up.

money manager

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18:00 PM, 14th January 2016, About 9 years ago

Reply to the comment left by "Mark Shine" at "13/01/2016 - 21:09":

Mark

I sing f the same song sheet coompletely albeit that my post was simply referring to the change in personal players from a typically geared UK based landlord to a cash rich and therefore C24 immune investor who will pay no UK tax if oversees tax resident. Quite agree the same applies t obig corporates; I posted on 118 that on Budget Day Chestertons reffered to a major US player (50000 units in the US) looking to finance-build-manage-let a large development here. with a US based buidler/landlord and tenants drinking Starbucks and buying from Amazon the UK gets half of sweet nothing at all in CT.

Again, completely agree on the disengenuous nature of ftb references by GO and post to that effect on an platform I can.

GO wilfully, conflated, in my opiniion, the issue of SDLT for 2nd homes and the effect on the PRS. I can acknowledge the real issue in certain rural areas of great attraction where second home purchases, which are largely empty for much of the time, distort local communities. Quite the degree to wwhich that happens isn't clear as I have a farmer's daughter in the familly and she says the last place she would want to live would be a farm house! But Idylic Cornish villages much favoured by the DC clan? Personally, I don't think they'll blink at an extra 3%, does anyone else? The purchase of second homes could be better handled through planning cocntrols as could the bulk selling of developments wholly marketed overseas. Switzerland and Singapore both have foreign and non-resident purchase controls, so should the UK.

money manager

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18:17 PM, 14th January 2016, About 9 years ago

Reply to the comment left by "Simon Griffith" at "14/01/2016 - 11:52":

Not wishing this thread to become overly self praising... we have just met the tenants in a property we are on the verge of exchanging on. We have virtually completed a move to self management and in all cases now meet the tenants.

This last couple expressed a great desire to meet their landlord which never happened in the London market with which tthey were thoroughly disenchanted; they thought they might have iin future to deal with a faceless corporation filled them with dismay; GO, please take note.

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