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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Mark Alexander - Founder of Property118

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10:19 AM, 5th February 2016, About 9 years ago

Reply to the comment left by "Laura Delow" at "05/02/2016 - 10:07":

Hi Laura

In one word; "WOW"!

Thank you so much for posting this, it was a pleasure to meet with you and Ismail too this Tuesday.

Your comment couldn't have come at a more perfect time, I've just added a new page to our Tax Section - see >>> http://www.property118.com/tax-planning-consultancy/

Thanks again

Regards

Mark
.

Rhys Jones

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12:35 PM, 5th February 2016, About 9 years ago

Just been to see my MP. I think Ive managed to convince him that this is a rip off and 1000's of landlords will be hit by totally unfair,and discriminatory tax!
His suggestion was that someone needs to coordinate the MP's that are willing to support us. He was honest when he said that GO would not listen to him on his own.
Is there anything like that happening? How many people on here have been to see their MP or at least written? Mine was initially more concerned about the effect that higher interest rates would have!! He had not heard about the possible Judicial review with Cherie Blair etc.
@Mark Alexander any ideas?

Mark Alexander - Founder of Property118

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12:38 PM, 5th February 2016, About 9 years ago

Reply to the comment left by "Rhys Jones" at "05/02/2016 - 12:35":

Hi Rhys

Sadly, most of the MP's (all political persuasions) have fallen for the sophistry promulgated by George Osborne and David Gauke.

Let's hope Cherie Blair's letter delivers a wake up call.
.

Gareth Wilson

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12:42 PM, 5th February 2016, About 9 years ago

Reply to the comment left by "Rhys Jones" at "05/02/2016 - 12:35":

Hi Rhys,

That is some interesting feedback. May I ask, who is your MP?

Dr Rosalind Beck

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13:29 PM, 5th February 2016, About 9 years ago

Reply to the comment left by "Gareth Wilson" at "05/02/2016 - 12:42":

Hi Gareth.
I asked Rhys yesterday and he said David Davies.
As I've mentioned before, my Labour MP, Wayne David, is quite supportive but a small fish.

Rhys Jones

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13:55 PM, 5th February 2016, About 9 years ago

Reply to the comment left by "Gareth Wilson" at "05/02/2016 - 12:42":

Yes Gareth as Ros has said its David Davies Tory Monmouth. I get the impression that they are all small fish who on their own have little influence. So I vote for a guy that frankly cant do anything against the big Ministers. The situation strinks. He was sort of..."well I can see your point BUT ... and then go on about agreeing that people who borrow from foreign banks should be treated the same!! Thanks David now please tell me where Im meant to get the extra £25k tax from every year? He thought as my profit was not that high (because of all my debt from the good old days) Id be better off investing my money in other ways. THATS NOT THE POINT! I am where I am and I need equity to clear everything. Its not a 5 min job, or even 4y (kindly given by GO!) come to that if the market doesnt improve. SO many Landlords in SO many different situations. WOW this really annoys me!

r d

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13:57 PM, 5th February 2016, About 9 years ago

For the record, I have sent 2 letters (via email) and 3 chasers to my MP for a response and have had nothing back.

Cheryl Gillan - Chesham & Amersham

Disgraceful.

Dr Rosalind Beck

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14:04 PM, 5th February 2016, About 9 years ago

Reply to the comment left by "r d" at "05/02/2016 - 13:57":

Hi r d.
Perhaps you could go and see her at her surgery - then she at least has to pretend to listen. Many of us have found that letters don't work, but that face to face meetings are a lot more effective.

Rhys Jones

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15:38 PM, 5th February 2016, About 9 years ago

Presumably GO has a constituancy? Does he have to conduct surgeries? Who are his local landlords? Maybe we could have a 'team event' at his surgery LOL!

Stewart

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15:58 PM, 5th February 2016, About 9 years ago

Reply to the comment left by "Rhys Jones" at "05/02/2016 - 15:38":

Great idea Rhys. I'd be up for that...

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