Summer Budget 2015 – Landlords Reactions

Summer Budget 2015 – Landlords Reactions

14:00 PM, 8th July 2015, About 9 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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Gromit

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19:26 PM, 13th July 2016, About 8 years ago

George Osborne has resigned!!!!

Yay!!!!!!!!!

ray selley

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19:29 PM, 13th July 2016, About 8 years ago

I have just had two new two new prospective tenants a Mr Cameron and a Mr Osborne both unemployed should i take references

Gromit

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19:31 PM, 13th July 2016, About 8 years ago

Reply to the comment left by "ray selley" at "13/07/2016 - 19:29":

Definitely, and an extra large Deposit

NW Landlord

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20:27 PM, 13th July 2016, About 8 years ago

He didn't resign he was sacked let's hope common sense prevails

Simon Williams

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21:01 PM, 13th July 2016, About 8 years ago

Theresa May has said:

The Government I lead will be driven not by the interests of the privileged few, but by yours. We will do everything we can to give you more control over your lives. When we take the big calls, we'll think not of the powerful but you. When we pass new laws, we'll listen not to the mighty but to you. When it comes to taxes, we'll prioritise not the wealthy but you. When it comes to opportunity, we won't entrench the advantages of the fortunate few. We will do everything we can to help anybody, whatever your background, to go as far as your talents will take you.

That's all very splendid stuff to be sure (and could easily have been uttered by Jeremy Corbyn), but I fear that in her eyes, landlords will be deemed to fit in the "privileged few" camp and I suspect we may come to realise that Osborne and Cameron were positively landlord-friendly compared to Mrs May.

I hope I am proved wrong.

Dr Rosalind Beck

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21:03 PM, 13th July 2016, About 8 years ago

Reply to the comment left by "Simon Williams" at "13/07/2016 - 21:01":

Hey, before one starts on the doom and gloom I suggest a glass of champers to celebrate the sudden and most wonderful expulsion of George Osborne!

Simon Hall

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22:50 PM, 13th July 2016, About 8 years ago

George Osborne's mum has recommended him to pursue a career in modelling.

Alex

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7:43 AM, 14th July 2016, About 8 years ago

Is David Gauke still Financial Secretary to the Treasury? If so, could that prove a real stumbling block to getting S24 repealed?

Monty Bodkin

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8:05 AM, 14th July 2016, About 8 years ago

Reply to the comment left by "Mark Shine" at "13/07/2016 - 12:24":

I could be wrong, but given that Section 24 of the Finance (No. 2) Act 2015 has already passed through the Houses of Common and Lords

I don't think it has;

http://services.parliament.uk/bills/2016-17/finance.html

There is a long way to go yet, plenty of time for amendments from a new pro- small business, pro-house building government.

Monty Bodkin

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8:26 AM, 14th July 2016, About 8 years ago

Reply to the comment left by "Simon Williams" at "13/07/2016 - 21:01":

Osborne had his own agenda that is unlikely to be followed by TM & PH.

Clause 24 is certainly anti-private landlord but it is not pro-tenant or even pro-first time buyer for that matter. The only real winners were large corporate landlords.

Read Theresa May's speech again in the light of small private landlord v large corporate landlord.

"The Government I lead will be driven not by the interests of the privileged few, but by yours. We will do everything we can to give you more control over your lives. When we take the big calls, we’ll think not of the powerful but you. When we pass new laws, we’ll listen not to the mighty but to you. When it comes to taxes, we’ll prioritise not the wealthy but you. When it comes to opportunity, we won’t entrench the advantages of the fortunate few. We will do everything we can to help anybody, whatever your background, to go as far as your talents will take you."

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