Summer Budget 2015 – Landlords Reactions
2:00 PM, 8th July 2015, 11 years ago
9619
Categories:
The concern is;
Budget proposals to “restrict finance cost relief to individual landlords”. 
To calculate the impact of this policy on your personal finances download this software
Tags:
Budget 2015 Campaign
Comments
Have Your Say
Every day, landlords who want to influence policy and share real-world experience add their voice here. Your perspective helps keep the debate balanced.
Not a member yet? Join In Seconds
Login with
or
Member Since April 2014 - Comments: 137
5:21 PM, 9th September 2015, About 11 years ago
Reply to the comment left by “Jerry Jones” at “09/09/2015 – 15:17“:
That IS very interesting. I subscribe to Brendan’s emails as well.
Can’t see why he would have an interest in the prospect of a House Price Crash?
Member Since July 2015 - Comments: 438
6:29 PM, 9th September 2015, About 11 years ago
Sorry if this has been posted before but looks like Martin & Co are up to their old tricks:
http://www.standard.co.uk/business/george-osborne-should-steer-clear-of-buy-to-let-tax-raids-says-letting-agent-martin-a2943236.html
http://www.standard.co.uk/business/business-news/budget-2015-property-agents-slam-tax-relief-restriction-for-landlords-10375377.html
In other news:
http://www.themovechannel.com/news/stories/us-giants-move-into-uk-buy-to-let-sector-251/#BPtySVBBLbYwIL1Z.97
Member Since August 2015 - Comments: 335
6:51 PM, 9th September 2015, About 11 years ago
Reply to the comment left by “Mark Shine” at “09/09/2015 – 18:29“:
Mark, I have read this article earlier. The only flaw I can find is that, the chap indicated that based on their survey landlords will be unaffected due to tax changes.
This can be read in two ways either he is sending a signal to chancellor that he may as well no bother with change as landlords are not phased by this and will continue to buy regardless.
The other way, it can be read is that, he is telling the chancellor to go ahead with changes but do not do any further changes…if latter is his intention then he might be colluded with government.
Member Since August 2015 - Comments: 335
6:58 PM, 9th September 2015, About 11 years ago
You can’t present such findings to Chancellor as he might use this type of info to his advantage to justify forthcoming changes.
Member Since September 2013 - Comments: 771
7:39 PM, 9th September 2015, About 11 years ago
Reply to the comment left by “Trendo ” at “09/09/2015 – 03:02“:
Hi Trendo
I totally agree and I enjoyed reading this, it brought some humour to the very serious situation we are all facing.
Member Since September 2013 - Comments: 771
7:49 PM, 9th September 2015, About 11 years ago
Reply to the comment left by “Barry Fitzpatrick” at “09/09/2015 – 09:38“:
Many thanks Barry.
I am beginning to think that GO knows full well that BTL is not to blame for the housing crisis but he sees it as an opportunity to get rid of us to try and entice the big boys in. By placing the blame on us he knows that we will not get support from Joe public and he wont lose their votes. A smoke screen to hide the real reasons.
Member Since October 2014 - Comments: 274
8:50 PM, 9th September 2015, About 11 years ago
Reply to the comment left by “Ros .” at “09/09/2015 – 15:16“:
@Ros
One and possibly only advantage if GO now deems you as being a High Rate Taxpayer or Additional Rate Taxpayer is that for every pound you spend on maintenance you will reduce the amount of tax you’ll pay by 40p or 45p respectively. So it’ll only cost you 60p or 55p.
Member Since September 2016 - Comments: 2533 - Articles: 73
8:56 PM, 9th September 2015, About 11 years ago
Reply to the comment left by “Barry Fitzpatrick” at “09/09/2015 – 20:50“:
Thanks Barry. That’s what I call positive thinking!
Member Since January 2011 - Comments: 12193 - Articles: 1395
8:58 PM, 9th September 2015, About 11 years ago
Reply to the comment left by “Barry Fitzpatrick” at “09/09/2015 – 20:50“:
LMAO, so what we should really be asking him to do it in ease tax rates to 100% and then everything will be free?
Just kidding by the way! LOL
.
Member Since September 2016 - Comments: 2533 - Articles: 73
9:02 PM, 9th September 2015, About 11 years ago
Reply to the comment left by “Mark Shine” at “09/09/2015 – 18:29“:
Hi Mark.
I think Ian Wilson should be ashamed of himself. Both Connie and I have written to him loads of times to criticise Martin and Co’s continued inaccurate reporting of the issue in their newsletters and now he gets quoted in the Evening Standard. It would be good if someone based in London preferably could whip off a short letter to their letters page explaining how he is wrong to think this is no big deal for landlords – and how it is an outrageous policy etc. Any takers? The sooner the better. Or better still it would be good if someone could write to the journalist or a business or property editor at the paper.