Summer Budget 2015 – Landlords Reactions

It’s not even 2020 and I’m in the supermarket debating whether to buy a loaf of bread for £1.25 because it seems excessive and doesn’t add to the business, whereas I had a minor gas leak and the £54 was definitely well spent. So was the boiler service.

I’ll be a poor landlord for life.

Should have gone into Technology. At least I can afford to eat, then.

Back to the campaign.

Reply to the comment left by “Appalled Landlord” at “04/08/2015 – 22:37“:

The least the RLA should push for is that the change only apply to new debt.

I disagree.

They should not be pushing for any specific approach.

They should be pushing for the treasury to come up with an approach that does not require more to be paid in tax than the profit made.

A note to all the hpcers reading including those of who have recently set up fake IDs and commenting IN this thread: what you are blatantly doing is a cheap trick, including your recent double act appearances here (obviously planned via pm in advance to disrupt). May I kindly request that you guys please stick to your own very devious and manipulative forums (or as you prefer to call it..fora)? If all the controversial, nonsensical comments here originate from trolls, surely you guys must realise that the original IP addresses of trolls are easily traceable? If you have something to say that is purely carefully scripted gibberish, you may be wise to stick to your own natural habitat (hpc).

Alternatively, if you genuinely want to enter in to reasoned and factual debate here, why not drop the devious tricks and state your case(s) openly? Many thanks in advance.

On a more serious note, I received a reply from my MP in the post today saying ‘I will discuss the matter with the Treasury officials and contact you again shortly’.

I’ll follow up in due course.

Reply to the comment left by “Mark Shine” at “05/08/2015 – 01:10“:

Hi Mark.
Can you give me the name of your MP, for my spreadsheet?
Regarding the most obvious troll yesterday, although he might think he was disruptive, I used his stereotypical arguments against BTL landlords in a document being prepared – and because his few posts encapsulated many of the ignorant ideas floating around, perpetuated by people who have no idea of the business we are in, it saved me having to spend time thinking about them. He helped quite a lot with the campaign!

As we now need to prepare an analysis of possible IMPACTS of the policy, it would be great if everyone could get their thinking caps on and maybe do a bit of a brainstorm – remembering even ideas you’re not sure about are allowed!

Slogans for today:

Don’t let Government destroy rental sector

Scrap retrospective tax plan

Reply to the comment left by “BTL INVESTOR SCOTLAND” at “05/08/2015 – 07:59“:

BTL. I love that. It’s inspired. Very succinct.

Reply to the comment left by “Michael Barnes” at “05/08/2015 – 00:54“:

Dear Michael I agree totally this is not to be allowed in any shape or form. I pay my fair share of tax and this will cripple my business. If the Treasury or BOE want to slow the market down or restrict landlords over borrowing there are a couple of simple measures that banks use in other countries.
1. Only allow capital repayment mortgages that stack up against rental income.
2. Not allow equity release

Reply to the comment left by “Ros .” at “05/08/2015 – 07:35“:

I was looking at published housing reports with high numbers of private rental provision. The numbers themselves suggest need – dire need in some areas (Glasgow 2012 report and Brighton 2015 report, before I fell asleep on the ipad). There is a great deal on the impact of benefits capping, which will add to adverse effects. Will see whether there’s anything we can use.

Hi, anyone else having problems getting onto the petitions website?