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 Shine

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18:15 PM, 28th February 2016, About 9 years ago

Reply to the comment left by "Appalled Landlord" at "28/02/2016 - 17:12":

http://www.bbc.co.uk/iplayer/episode/b0717tbt/bbc-weekend-news-28022016 is link to report (from 07:28 onwards).

The same landlord (Jaye Cook) also features in today’s http://www.telegraph.co.uk/personal-banking/mortgages/the-governments-buy-to-let-tax-changes-mean-i-will-have-to-sell/

And also at http://www.dailymail.co.uk/news/article-3334304/Huge-stamp-duty-rises-rental-properties-second-homes-set-kill-booming-market.html from November 2015. In this article it says he invested £200k in http://www.propertypartner.co . I imagine such crowd funded BTL schemes as Property Partner may do very well out of C24…. So who knows, I wonder if that gives any clues to the answer to your question ‘who planted it’ Appalled Landlord?

Mark Shine

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18:55 PM, 28th February 2016, About 9 years ago

Reply to the comment left by "Mark Shine" at "28/02/2016 - 18:15":

Direct link to the report: http://www.bbc.co.uk/news/business-35681874

Gareth Wilson

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19:04 PM, 28th February 2016, About 9 years ago

"Open letters to the BBC" thread featuring the direct linked video?

Mark Shine

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19:48 PM, 28th February 2016, About 9 years ago

I see that the data today's Telegraph piece was provided by Property Partner. What a coincidence. I wonder if all 3 featuring the same landlord (that DT article, the DM November article and today's BBC 'report') were actually all effectively advertorials?

dom glynn

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19:56 PM, 28th February 2016, About 9 years ago

Reply to the comment left by "Mark Shine" at "28/02/2016 - 19:48":

Hmm. Coincidence? Unlikely I would say.....

TheMaluka

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20:59 PM, 28th February 2016, About 9 years ago

Interesting video. Half my properties, those in a limited company, are professionally run and the other half, in personal ownership, are run by an amateur. Glad someone let me know.

Appalled Landlord

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21:05 PM, 28th February 2016, About 9 years ago

Reply to the comment left by "Mark Shine" at "28/02/2016 - 19:48":

Hi Mark

Jaye Cook’s involvement with Property Partner would explain his docility.

We can assume that the ditsy director from GR scripted her own contribution.

However the misinformation - about “generous tax allowances” in the news reader’s autocue and about the “tax advantages” asserted by Lynam – originated in the Treasury. I don’t think Cook could have scripted those bits.

Mark Shine

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22:06 PM, 28th February 2016, About 9 years ago

Reply to the comment left by "Appalled Landlord" at "28/02/2016 - 21:05":

Yes agree AL with the logic in your above 3 points.

Of the 3 participant players that you refer to, I think 2 words could describe all 3 in unequal measures: Spin and Delusion.

Rajesh Hiremath

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12:01 PM, 29th February 2016, About 9 years ago

At least BTLrs gets 20% relief on interest payment. Where as I will not get any mortgage interest relief for the house I am currently lining in.

S.E. Landlord

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12:06 PM, 29th February 2016, About 9 years ago

Reply to the comment left by "Rajesh Hiremath" at "29/02/2016 - 12:01":

Nor do you pay 28% CGT on the increase in value when you sell your property. Comparing apples with pears does not help understand the issues.

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