Summer Budget 2015 – Landlords Reactions

Summer Budget 2015 – Landlords Reactions

14:00 PM, 8th July 2015, About 10 years ago 9619

Text Size

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


Share This Article


Comments

Eden Lan

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

11:10 AM, 31st March 2016, About 9 years ago

HI
Reply to NW Landlord
Email addresses for the guy who wrote the article
stephen.Glover@dailymail.co.uk
His boss letters@dailymail.co.uk

Eden Lan

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

11:18 AM, 31st March 2016, About 9 years ago

Reply to the comment left by "Eden Lan" at "31/03/2016 - 11:10":

Hi

Yesterday on LBC at 1pm the presenter was calling out to landlords to phone in/give their stories. I could not get through.Did not listen to the whole show but the guy from NLA gave few good points like the end result of all this is that the rents will have to rise.

Eden Lan

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

11:57 AM, 31st March 2016, About 9 years ago

I have just received a reply. Better than BBC

Thank you very much for your recent communication.

We receive a great deal of correspondence each day and, although I may not be able to respond to you personally, please rest assured that I do take the time to read all the emails I receive. Those intended for publication on the letters page will be considered carefully.

If you do not see your point of view in print, however, I hope you will appreciate it is only possible to publish a small percentage of the letters we receive.

Any emails deemed more appropriate for other departments will be forwarded for their consideration.

Thank you for your interest in the Daily Mail, I am grateful to you for taking the time to contact us.

Yours sincerely,

ANDY SIMPSON,
Daily Mail Readers' Letters Editor

Eden Lan

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

12:01 PM, 31st March 2016, About 9 years ago

Hi
I have posted Markb's link on Rla site as well as email address and have and have asked to thank and share.

Dr Rosalind Beck

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

20:01 PM, 31st March 2016, About 9 years ago

Just had another bloody scrounging letter off the Conservative Party. I wrote back the following:

'Why don't you ask the institutions involved in Build to Rent? They have already contributed to your coffers and in return George Osborne has favoured them and feted them so that they will be able to build expensive boxes for people to live in, whilst at the same time launching a relentless and astonishing attack on 'individual' landlords. Ask these rich friends of Osborne for more, since they stand to gain richly from their preferential treatment. Don't ask me as I am a portfolio landlord who has built up my business with no help from anyone and, as a result of Osborne's incredible and unjust attack, I will no longer be able to offset the finance costs of my business. The Conservative Government wants me to pay tax on my business, but is not going to let me offset the costs of producing that profit. It's absurd and something a lunatic dictator might introduce. You should hang your heads in shame at this treatment of decent business people providing essential housing services. To ask me for money just takes the biscuit.
Get stuffed.'

Chris Brown

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

21:33 PM, 31st March 2016, About 9 years ago

Thanks for that: I've added my bit, and sent it off to them.
wonder if I'll get a reply.
Here's my version -

Why don’t you ask the institutions involved in Build to Rent? They have already contributed to your coffers and in return George Osborne has favoured them and feted them so that they will be able to build expensive boxes for people to live in, whilst at the same time launching a relentless and astonishing attack on ‘individual’ landlords.

Ask these rich friends of Osborne for more, since they stand to gain richly from their preferential treatment. Don’t ask me as I am a portfolio landlord who has built up my business with no help from anyone and, as a result of Osborne’s incredible and unjust attack, I will no longer be able to offset the finance costs of my business.

I am not highly geared. I buy wrecks which no young person could get a mortgage on, restore them out and rent to young people who DON'T WANT TO BUY OR SETTLE DOWN YET, or middle aged people who've made a wrong choice, and now have no hope of buying a place of their own, or are just licking their wounds before they try again. I raise the rents when they move on - but as free enterprise advocates [are you really ?] -you will realise that it is the market that determine rents. A free market requires lots of traders, yet you seem to be trying to put this sector into the hands of just a few large players. That will not be a free market, and who will suffer - Generation Rent & Co.

Buying properties and making them available for other to live in without the worry of maintenance, repairs, white goods or buying & selling, is not the same as buying a second property for you own use, and leaving it empty for half the year or more. No, small private lnadlords restore an active populatio.

The Conservative Government wants me to pay tax on my business, but is not going to let me offset the costs of producing that profit. It’s absurd and something a lunatic dictator might introduce. You should hang your heads in shame at this treatment of decent business people providing essential housing services. To ask me for money just takes the biscuit. I won't even give you one of the dog's.

Get stuffed, or get reasonable
Better yet, retire now on your tax-free family company incomes and let us have David Davies back
Chris Brown
Former Tory voter

Rachel Hodge

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

8:17 AM, 1st April 2016, About 9 years ago

Reply to the comment left by "Markb " at "31/03/2016 - 07:58":

Excellent article, thanks for sharing. I think this is the best article I've seen so far.

Can I suggest everyone shares on social media?

I'm going to send in to my MP to see if that helps him with his response to my email to him, which I've been waiting for since January.

Dr Rosalind Beck

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

9:54 AM, 1st April 2016, About 9 years ago

Reply to the comment left by "Rachel Hodge" at "01/04/2016 - 08:17":

Good idea, Rachel. I would also urge people to write to Stephen Glover - even a short email thanking him. I have done that and mentioned a few other things he might want to take up.

Rachel Hodge

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

10:43 AM, 1st April 2016, About 9 years ago

Reply to the comment left by "Ros ." at "01/04/2016 - 09:54":

Thanks Ros; I've just emailed Stephen Glover and attached a copy of my original email to Grant Shapps which covers many of the points raised in the article.

Dr Rosalind Beck

Become a Member

If you login or become a member you can view this members profile, comments, posts and send them messages!

Sign Up

13:37 PM, 1st April 2016, About 9 years ago

Leave Comments

In order to post comments you will need to Sign In or Sign Up for a FREE Membership

or

Don't have an account? Sign Up

Landlord Automated Assistant Read More