James dengel
James dengel
Registered with Property118.com
30th March 2015
Total Posts
0
Total Comments
40
Registered with Property118.com
30th March 2015
Total Posts
0
Total Comments
40
16th March 2016, 10 years ago
"The current rates of CGT will remain for residential property and carried interest." This seem to suggest that residential property will remain at the normal rates Does anyone know if this is the case as I have a sale going...
Read More →Reply to comment left by Costas Tzanos at 15/12/2015 - 09:07
Reply to the comment left by "Costas Tzanos" at "15/12/2015 - 09:07": clause 24 affects you weather you are buying or not. just if you have a mortgage. the SDT change only affects you if you buy, yes it's going...
Read More →Reply to comment left by Puzzler at 08/12/2015 - 08:17
Reply to the comment left by "Puzzler " at "08/12/2015 - 08:17": not claimed back, but yes I believe there is relief on it. So if you don't make enough of a gain, then you are paying the extra no...
Read More →Reply to comment left by Appalled Landlord at 10/12/2015 - 15:12
Reply to the comment left by "Appalled Landlord" at "10/12/2015 - 15:12": Don't forget that all other benefits that are means tested will disappear as well.
Read More →Reply to comment left by Karen Archer at 08/12/2015 - 23:30
Reply to the comment left by "Karen Archer" at "08/12/2015 - 23:30": Karen, the huge risk is that many unaware landlords risk having huge tax bills because of Clause 24. Hence they need to make sure that the rent covers...
Read More →Reply to comment left by David Price at 08/12/2015 - 07:28
Reply to the comment left by "David Price" at "08/12/2015 - 07:28": David I see this going the way of cars, You will have to register your car at the national house licensing agency (something like the DVLA) and once...
Read More →Reply to comment left by Mark Alexander at 07/12/2015 - 10:26
Reply to the comment left by "Mark Alexander" at "07/12/2015 - 10:26": Mark, I agree they want the small scale out, however I think they will drape this in the fact they want the "clueless" and "unprofessional" out. Being a...
Read More →Reply to comment left by Costas Tzanos at 06/12/2015 - 23:27
Reply to the comment left by "Costas Tzanos" at "06/12/2015 - 23:27": Indeed this is my worry, since you have two homes. say you have a flat worth 100K in the north but want to move home in london for...
Read More →Reply to comment left by Mark Shine at 03/12/2015 - 11:42
Reply to the comment left by "Mark Shine" at "03/12/2015 - 11:42": Mark, It's also worth noting that it will have more effect on "working" landlords as they have an income already. So those who have saved and saved hard...
Read More →Reply to comment left by David Gray at 01/12/2015 - 10:08
Reply to the comment left by "David Gray" at "01/12/2015 - 10:08": David, There are many issues at play here. First and foremost, there are not enough houses in the market, 400,000 new homes over 4 years is not enough,...
Read More →Reply to comment left by Gordon Comstock at 30/11/2015 - 10:13
Reply to the comment left by "Gordon Comstock" at "30/11/2015 - 10:13": Gordon, you do not need to be highly leveraged at all for this to be a big change for tax. Simply employed and have a mortgage on another...
Read More →Reply to comment left by S.E. Landlord at 29/11/2015 - 12:56
Reply to the comment left by "S.E. Landlord" at "29/11/2015 - 12:56": I don't think it will be worded as such. I think it will be as it's said, buying a second property you pay an extra 3% regardless of...
Read More →Reply to comment left by Costas Tzanos at 29/11/2015 - 09:56
Reply to the comment left by "Costas Tzanos" at "29/11/2015 - 09:56": No because it would involve a sale to the limited company buying so stamp duty would be payable. If keeping it in your own name then the second...
Read More →Reply to comment left by Claire Oswald at 26/11/2015 - 13:09
Reply to the comment left by "Claire Oswald" at "26/11/2015 - 13:09": Claire, it's also for second homes, so the SDC would be payable.
Read More →Reply to comment left by Richard York at 26/11/2015 - 10:39
Reply to the comment left by "Richard York" at "26/11/2015 - 10:39": Ah thanks for pointing that out. However it still stands that the house builders will just raise the price of the house by a percentage because the goverment...
Read More →Reply to comment left by KATHY MILLER at 26/11/2015 - 07:51
Reply to the comment left by "KATHY MILLER" at "26/11/2015 - 07:51": Kathy, As mentioned before, landlords are out numbered by tenants and would be owners. Average landlord has 4-5 houses so we are out numbered by tenants 4 or...
Read More →Reply to comment left by Claire Oswald at 26/11/2015 - 08:44
Reply to the comment left by "Claire Oswald" at "26/11/2015 - 08:44": Claire, what they are trying to achieve is increased revenue, and pushing small scale out of the process. The deal is that big business always gets a better...
Read More →Reply to comment left by Ed Atkinson at 12/11/2015 - 16:43
Reply to the comment left by "Ed Atkinson" at "12/11/2015 - 16:43": I agree I certainly wouldn't want those numbers to be me as it's a lot of debt, it just the unintended side affects that I don't think they...
Read More →Reply to comment left by Ed Atkinson at 05/10/2015 - 12:48
Reply to the comment left by "Ed Atkinson" at "05/10/2015 - 12:48": Ed, The effect is far greater than what you have suggested unfortunately because they have changed finance payments from a cost to relief it affects the total income....
Read More →Reply to comment left by Laura Delow at 29/09/2015 - 14:17
Reply to the comment left by "Laura Delow" at "29/09/2015 - 14:17": Laura, There are many here that have singed the petition. Sadly politicians will always look to the biggest source of votes to get into power. Case in point...
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