I tend not to increase rent for sitting tenants. My current tenants have only been in for around a year, but a previous tenant was there for 6 years with no increase. Clause 24 could be a definite impetus to...
Reply to the comment left by "James dengel" at "26/11/2015 - 09:16": Thanks for your response. I still don't see the extra kick in the teeth for those landlords that could potentially pay tax at 40/50% - especially following the...
Reply to the comment left by "CaZ " at "20/11/2015 - 21:31": You mention that local authorities don't want to bite the hand that feeds, but I know that many authorities are looking at being 'self-funding' by 2020, as grants...
I mentioned this to my other half last night and his response was "so we need to buy another property before April". Ever the pragmatist. What I don't understand is what the government is trying to achieve through this -...
I really don't understand where they are going with this. I thought that Conservatives supported 'capitalism'? Jeez, I feel like Jeremy Corbyn is already in the hot seat.
Hi Mark, My other half is a tree surgeon who does work at some Belvoir properties around us. All of them have been owned by a landlord with only one or two properties. Wouldn't know if they were incorporate or...
I don't know if this has been posted, but the lettings agent Belvoir don't seem to think the changes are an issue. They must have loads of buy to lets on their books. Maybe they haven't understood the consequences. http://www.belvoirfranchise.com/blog/2015-07-10-will-20-tax-relief-change-the-buy-to-let-market...
Reply to the comment left by "Roanch 21" at "27/08/2015 - 15:06": A bit late to the party, but you should do stand up. That comment was a little ray of light in a dark hour :-)
Reply to the comment left by "Roger Rabbit" at "02/09/2015 - 01:12": Interesting point about finance costs being disallowed as an expense against tax for all sectors. That would cause chaos, but it's a good arguing point. I've sent a...
Reply to the comment left by "Gary Nock" at "13/07/2015 - 00:47": This debacle wouldn't convince me to vote labour, not a chance. Anyone fancy 'Right to Buy' off private landlords?
Reply to the comment left by "Dom Glynn" at "11/07/2015 - 11:00": No because you are paying basic rate tax and that is the rate that the interest payments are relieved at.
Reply to the comment left by "Michelle O'Connor" at "11/07/2015 - 13:14": It will certainly make it more complicated. I've always thought the rule that unmarried individuals that buy a property together can choose who pays the tax on what...
Reply to the comment left by "shakeel ahmad" at "11/07/2015 - 09:32": I have no kids so not bothered too much about inheritance tax. And don't a lot of mortgages get paid off through insurance on death so my asset...
Reply to the comment left by "Dom Glynn" at "11/07/2015 - 09:49": If your overall income is above the 20% rate (£43k from 2016 but proposed to be as high as £50k by 2020) then you will only be able...
Reply to the comment left by "Appalled Landlord" at "11/07/2015 - 01:31": Yes, he is taxing non existent profit in effect. HMRC are saying that it's a very small proportion of landlords that will be affected, but I'm guessing someone...
Reply to the comment left by "Simon Dewsberry" at "10/07/2015 - 19:58": Apologies, I was just trying to make it crystal. And yes, they appear to have forgotten about the personal allowance.
26th November 2015, 10 years ago
I tend not to increase rent for sitting tenants. My current tenants have only been in for around a year, but a previous tenant was there for 6 years with no increase. Clause 24 could be a definite impetus to...
Read More →Reply to comment left by James dengel at 26/11/2015 - 09:16
Reply to the comment left by "James dengel" at "26/11/2015 - 09:16": Thanks for your response. I still don't see the extra kick in the teeth for those landlords that could potentially pay tax at 40/50% - especially following the...
Read More →Reply to comment left by CaZ at 20/11/2015 - 21:31
Reply to the comment left by "CaZ " at "20/11/2015 - 21:31": You mention that local authorities don't want to bite the hand that feeds, but I know that many authorities are looking at being 'self-funding' by 2020, as grants...
Read More →26th November 2015, 10 years ago
I mentioned this to my other half last night and his response was "so we need to buy another property before April". Ever the pragmatist. What I don't understand is what the government is trying to achieve through this -...
Read More →25th November 2015, 10 years ago
I really don't understand where they are going with this. I thought that Conservatives supported 'capitalism'? Jeez, I feel like Jeremy Corbyn is already in the hot seat.
Read More →Reply to comment left by Mark Alexander at 06/09/2015 - 12:59
Reply to the comment left by "Mark Alexander" at "06/09/2015 - 12:59": Ha ha, definately not unless you are trying to scupper your own campaign :-)
Read More →Reply to comment left by Mark Alexander at 06/09/2015 - 11:28
Reply to the comment left by "Mark Alexander" at "06/09/2015 - 11:28": There is a particular poster on there who has far too much time on their hands.
Read More →5th September 2015, 11 years ago
Hi Mark, My other half is a tree surgeon who does work at some Belvoir properties around us. All of them have been owned by a landlord with only one or two properties. Wouldn't know if they were incorporate or...
Read More →4th September 2015, 11 years ago
I don't know if this has been posted, but the lettings agent Belvoir don't seem to think the changes are an issue. They must have loads of buy to lets on their books. Maybe they haven't understood the consequences. http://www.belvoirfranchise.com/blog/2015-07-10-will-20-tax-relief-change-the-buy-to-let-market...
Read More →Reply to comment left by Roanch 21 at 27/08/2015 - 15:06
Reply to the comment left by "Roanch 21" at "27/08/2015 - 15:06": A bit late to the party, but you should do stand up. That comment was a little ray of light in a dark hour :-)
Read More →Reply to comment left by Ros . at 02/09/2015 - 12:39
Reply to the comment left by "Ros ." at "02/09/2015 - 12:39": Hi Ros, Bill Cash, Conservative, Stone constituency.
Read More →Reply to comment left by Roger Rabbit at 02/09/2015 - 01:12
Reply to the comment left by "Roger Rabbit" at "02/09/2015 - 01:12": Interesting point about finance costs being disallowed as an expense against tax for all sectors. That would cause chaos, but it's a good arguing point. I've sent a...
Read More →Reply to comment left by Gary Nock at 13/07/2015 - 00:47
Reply to the comment left by "Gary Nock" at "13/07/2015 - 00:47": This debacle wouldn't convince me to vote labour, not a chance. Anyone fancy 'Right to Buy' off private landlords?
Read More →Reply to comment left by Anne Nixon at 13/07/2015 - 07:22
Reply to the comment left by "Anne Nixon" at "13/07/2015 - 07:22": I think someone has done that in the thread somewhere (I know it's long).
Read More →Reply to comment left by Dom Glynn at 11/07/2015 - 11:00
Reply to the comment left by "Dom Glynn" at "11/07/2015 - 11:00": No because you are paying basic rate tax and that is the rate that the interest payments are relieved at.
Read More →Reply to comment left by Michelle O'Connor at 11/07/2015 - 13:14
Reply to the comment left by "Michelle O'Connor" at "11/07/2015 - 13:14": It will certainly make it more complicated. I've always thought the rule that unmarried individuals that buy a property together can choose who pays the tax on what...
Read More →Reply to comment left by shakeel ahmad at 11/07/2015 - 09:32
Reply to the comment left by "shakeel ahmad" at "11/07/2015 - 09:32": I have no kids so not bothered too much about inheritance tax. And don't a lot of mortgages get paid off through insurance on death so my asset...
Read More →Reply to comment left by Dom Glynn at 11/07/2015 - 09:49
Reply to the comment left by "Dom Glynn" at "11/07/2015 - 09:49": If your overall income is above the 20% rate (£43k from 2016 but proposed to be as high as £50k by 2020) then you will only be able...
Read More →Reply to comment left by Appalled Landlord at 11/07/2015 - 01:31
Reply to the comment left by "Appalled Landlord" at "11/07/2015 - 01:31": Yes, he is taxing non existent profit in effect. HMRC are saying that it's a very small proportion of landlords that will be affected, but I'm guessing someone...
Read More →Reply to comment left by Simon Dewsberry at 10/07/2015 - 19:58
Reply to the comment left by "Simon Dewsberry" at "10/07/2015 - 19:58": Apologies, I was just trying to make it crystal. And yes, they appear to have forgotten about the personal allowance.
Read More →Showing 20 of 36 comments