Summer Budget 2015 – Landlords Reactions
2:00 PM, 8th July 2015, 11 years ago
9619
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The concern is;
Budget proposals to “restrict finance cost relief to individual landlords”. 
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Budget 2015 Campaign
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Member Since July 2015 - Comments: 69
9:01 PM, 20th August 2015, About 11 years ago
Appalled landlord…you seem to be on fire.
Member Since July 2015 - Comments: 280 - Articles: 11
9:04 PM, 20th August 2015, About 11 years ago
Here is what the NLA has to say about institutional investment in the private rented sector:
http://www.landlords.org.uk/news-campaigns/campaigns/institutional-investment
Member Since October 2013 - Comments: 1020 - Articles: 47
9:38 PM, 20th August 2015, About 11 years ago
Reply to the comment left by “Ros .” at “20/08/2015 – 19:23“:
Thanks Ros
I just wanted to know if my theory was correct, that from the middle of 2006 to the middle of 2007 the rise in prices was due to owner-occupiers, not Borrow-to Let landlords
You bought some houses in 2007 but you didn’t snatch them away from owner-occupiers, so you did not force up the prices that the latter paid elsewhere
Member Since October 2013 - Comments: 1020 - Articles: 47
9:41 PM, 20th August 2015, About 11 years ago
Reply to the comment left by “Dr Monty Drawbridge ” at “20/08/2015 – 20:11“:
Hi Monty
The significance of 2007 is twofold. Firstly, the market peaked in the middle of the year, then credit dried up on 9 August: https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308
Secondly, and probably for that reason, the quango’s graph stopped at the end of June. Their report said that only 7.4 percentage points out of the 150 percentage points rise in house prices since 1996Q3 was due to the introduction of BTL mortgages.
Landlords have been accused of driving up prices. I made my last purchases in late 2003, off –plan, when the BofE Base was 3.5%. In August 2006 it was 4.75%. It peaked in July 2007 at 5.75%. Rents did not rise in this fashion, so interest cover dropped.
My experience was that landlords stopped buying from me in 2006 because of the interest rate. My theory is that the prices were driven up to their peak in August 2007 by owner-occupiers, not by landlords. I just wanted to know if this would be confirmed or denied by the experience of others on this forum.
Member Since September 2013 - Comments: 771
10:04 PM, 20th August 2015, About 11 years ago
https://katefaulkner.files.wordpress.com/2015/02/independent-report-prs_final.pdf
This is worth a read, could we use anything in the submission.
Member Since July 2015 - Comments: 280 - Articles: 11
10:19 PM, 20th August 2015, About 11 years ago
Reply to the comment left by “KATHY MILLER” at “20/08/2015 – 22:04“:
Kathy I like the recommendation at 12.3
‘A taxation system where rented properties are treated as businesses, encouraging landlords to invest.’
Member Since July 2013 - Comments: 303
10:29 PM, 20th August 2015, About 11 years ago
@Kathy.
A very comprehensive, un bias & well researched report.
Member Since January 2011 - Comments: 12193 - Articles: 1395
10:35 PM, 20th August 2015, About 11 years ago
Reply to the comment left by “KATHY MILLER” at “20/08/2015 – 22:04“:
I’ve always rated Kate Faulkner in very high regard. I’ve met her a few times at various conferences.
.
Member Since September 2013 - Comments: 771
10:43 PM, 20th August 2015, About 11 years ago
Reply to the comment left by “BTL INVESTOR SCOTLAND” at “20/08/2015 – 22:19“:
Yes I thought that was good to, can we use it as a ref in submission
Member Since September 2013 - Comments: 771
10:46 PM, 20th August 2015, About 11 years ago
Reply to the comment left by “Appalled Landlord” at “20/08/2015 – 21:41“:
Hi
Have a look at this
http://www.imla.org.uk/perch/resources/imla-reshaping-housing-tenure-in-the-uk-the-role-of-buy-to-let-may-2014.pdf
page 16 theres a graph showing the mortgages for buy to let against res from 2006