General Election 8th June – Who on earth do landlords vote for?

I haven't been shy in voicing my support for UKIP on this forum.

Others on here have pointed out that they may face a wipe out in the elections.

(No kidding Sherlock)

It looks like UKIP are wiped out during the local elections, which isn't really a great surprise.

But they will still get my vote at the General Election.

Which suggests I am a vote waster, maybe, but I seriously smell a big bottle of snake oil.

My wife asked me why?

I said that there is no way I'm going to vote Tory because of
1. Section 24.
2. Section 24
3. Section 24

Also I was listening to the BBC coverage earlier on Radio 4, as I was driving back from Lincoln, (2am), and the UKIP spokesperson, Lisa Duffy, I presume, was getting a good old battering, when I noticed a big distinction in the answers that she gave, from Labour, the Tories, Plywood Cum on Me and the Lib Dems.

Which was that she admitted they were doing dreadfully and said that in 18 months, there will probably be resurgence in their support.
Wow, an honest answer, I hope Paul Nuttal does the same during his interviews today.

I tend to agree about support coming back, not because I am misty eyed about Paul Nuttal, it's because if there is one thing I know about the Tories, it's that they will stab you in the back if it suits a sound byte.

I feel that with a larger mandate the North Sea and English Channel will be carved up by the EU, Gibraltar will suffer and we will get a crappy deal and Theresa May will sign up for it.

The stakes are politically too high for her not to get a deal of some description, so she will settle for a crap one.

UKIP would rather commit suicide than give a cm.
(Which may be on the cards)

I hope I'm wrong, but I owe UKIP a big thank you for getting us the chance to vote for Brexit in the first place.

Many do not like the result of the referendum, I get that point, especially younger voters.

But the EU will now try and humiliate us as a nation, they have no choice, it's simply self preservation.

The EU tie in for the U.K. came about because of John Major and Gordon Brown signing a set of treaties that we didn't get a vote on.

Thanks to UKIP, after many years, we all got to have a say on the future of the U.K. and our relationship with the EU.

That alone was an achievement, denied to us on more than one occasion.

Even if Brexit turns out bad, and we as a nation went bankrupt, it won't last forever the British are brilliant at getting on with it.

And we can still kick out the politicians we don't want, try that in Brussels and your still outvoted by 27 other countries.

Also I admire that despite the criticism from the establishment, UKIP, tell it "as it is" and on a particular issue that is controversial, they tend to stick to their guns.

So I still intend to vote UKIP, they need my vote and we need some of their policies.

The Tories don't need a bigger mandate, because it won't change the prospective sell out that they will sign us up for.

The money providers will now dictate what Theresa May gets.

I would much rather Brussels had 3 Nigel Farage types to deal with, rather than Theresa May, Tim Farron or Jeremy Corbyn

See you on the other side of the election folks!

# Vote UKIP

What a diverse lot we are!
I'll be voting Labour, despite the media version of Corbyn which I admit is worrying but seeing past that, the reality of Labour government is more like stability than the other options.
I'm concerned for my tenant's welfare and type of society we live in. (This can be translated in to their ability to pay rent and live decent lives).
I live alongside my tenants in the same streets, it's getting tougher all the time for them, with a knock on effect to me. After 20 years renting, this last 6 months I've had to evict tenants for the first time and use the courts to pursue debts for the first time. With the conservatives policies, brexit, section 24, universal credit ect. I'm more concerned with my viability as a Landlord more than ever before.

Hi all,
Not sure if it is exactly the Thread that article should be in bu...
since it is the most read I post it here.
today's article in Guardian - it starts OK, good observation of Govt's housing policies made on wishful thinking, but - no mention of S24 here:
https://www.theguardian.com/housing-network/2017/may/09/housing-policy-evidence-politicians-research-centre
This is perhaps something our Dr Ros should be involved in?

Reply to the comment left by "Dr Rosalind Beck" at "18/04/2017 - 18:45":

I think we need a strategy that is strengthened with facts. It is clear that nobody in the Government is listening to 'it's not fair' anymore and I think if we continue with that message we'll just get the standard '1 in 5' message - things take longer to change the bigger the organisation especially when we aren't exactly top of anybody's campaign agenda.

If we're going to frighten the life out of them then we need facts and figures. We need homeless figures and, how quickly they are increasing, and that needs to be linked to the number of landlords who are already selling up and leaving the sector and how many are in the process of leaving then, unlike before, we need to offer them an alternative.

From memory, did we not have a member on here who proposed an alternative tax approach which would have generated more revenue through tax without crippling the landlords? I can't remember the details or the members name (apologies) but I do think we can make quicker in-roads and illicit a quicker change if we at least provide them with an alternative. If, as I seem to remember, it is a sound proposal, then May will grab it with both hands and probably claim it as her own idea but who cares! To just keep pounding them about the unfairness of S24 just isn't enough anymore.

Reply to the comment left by "Pamela Potter" at "10/05/2017 - 13:54":

Hi Pamela and Ros,
I think it was Jamie Fraser - I took his post from Axe the Tenant Tax FB page: https://www.facebook.com/pg/clause24/posts/
(it is on the right hand side of the page)
==quote==
Ok ATT'ers, here's an idea. I was thinking recently about how Hammond might feel if we could replace the lost revenue from S24 (said to be £665m/yr in 4 years time) so that he might consider its repeal. He is rumoured to have said there will be no replacement unless the lost money could be replaced. A phone call with Chris came up with this idea. A 2% gross rental levy. Starting with 4.5m PRS properties, at an average rent of £744, brings you £3.348bn a month or £40.176bn a year, 2% of which is around £803m or £140m MORE than S24.
This would have several advantages: 1. Can truly level the playing field by being charged universally to everyone renting residential property - mortgaged, cash, corporates - the lot. 2. It is fair to all as we all pay the same rate and know everyone is being treated equally. 3. It massively reduces the cost burden of S24 on individual mortgaged landlords, meaning no need for bankruptcies, rent rises or evictions, which in turn helps society and public spending on homelessness. 4. It is simple to calculate and without complication. 5. It shows we are prepared to co-operate to achieve govt aims where we are treated fairly and proportionately. Now don't get me wrong. I do not FAVOUR this in any way. But S24 is about to hit and cause needless problems for many. As an alternative - a bit like the 'new purchases only' argument - isn't such a levy worth considering, even if only as a fallback position? I can see cash landlords and ltds getting upset about it, but 2% is affordable and proportionate and solves many other problems the sector would have under S24. What do we think
==unquote==
It was discussed here as well, it must have been around 10 January 2017 I guess.
I think some people pointed out that it might be a dangerous precedence as the Government will be free to increase that percentage at their will.
It would definitely be fairer.

I have written to my MP showing her figures of taxation, pointing out the nonsense of 1 in 5 quoting our figures.. But the the Parliament got dissolved.

You are right, we need hard fact and figures,. Unfortunately the messages in the press are contradicitional , some say shortage of properties, some say landlords are selling, some say they do not. Rent up / Rent down.
I am lot who to believe.

Kind Regards

Reply to the comment left by "Whiteskifreak Surrey" at "10/05/2017 - 14:34":

More than happy for landlords to pay 2% on rent collected PROVIDED home owners are charged 2% on imputed rent. We must have a level playing field.

Reply to the comment left by "David Price" at "10/05/2017 - 21:57":

David, on the subject of level playing fields I remember you once saying that 50% of your portfolio was already 'incorporated' while the other 50% wasn't. Am I right in thinking your above post was made made on behalf of the incorporated half of your portfolio?

Reply to the comment left by "Mark Shine" at "10/05/2017 - 22:28":

Mark I am not sure of the significance of your comment. You are correct that I have a 50/50 mix, or rather my children have that mix for all my property has been sold to them over the past 20 years. If a two percent levy were to be introduced then it would apply to all renting, incorporated or not. Remember I have no borrowing so am not personally affected by section 24 although I am vehemently opposed to it and all the new taxes which are likely to follow. Once one tax which does not conform the GAAP has been established then surely more will follow?

Reply to the comment left by "David Price" at "10/05/2017 - 22:45":

My apologies David, I'm perhaps a little over sensitive to any comment that suggests that trying to keep a 'relatively' level playing field between resi LLs might be illogical.

What is clear though is that S24 obviously intentionally(?) creates a very UNlevel playing field between LLs within the PRS.

Completely agree with your GAAP point.

Hi Ros,
( Sorry for late reply - been away on holiday ) - No I don't know the rate of disputes or the ratio of awards to tenants ; viz-a viz maintaining the rental increase set by Landlords - But, I can feel a FOI coming along on this shortly 😉
Chris