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 August 2015 - Comments: 287
11:31 PM, 5th October 2015, About 11 years ago
I am a LL with reactions to the summer budget.
Member Since September 2016 - Comments: 2533 - Articles: 73
11:48 PM, 5th October 2015, About 11 years ago
No. I mean why are you really here?
Member Since August 2015 - Comments: 287
11:50 PM, 5th October 2015, About 11 years ago
I really am a LL with reactions to the summer budget
I am also interested in others’ views on the same
Member Since September 2016 - Comments: 2533 - Articles: 73
11:59 PM, 5th October 2015, About 11 years ago
But what is your motivation to spend time here? I don’t believe in dispassionate interest. That wouldn’t explain your involvement.
Member Since April 2014 - Comments: 306
12:06 AM, 6th October 2015, About 11 years ago
Reply to the comment left by “Kathy Evans” at “05/10/2015 – 21:41“:
Sorry everyone. Kathy had it right earlier. See:-
http://researchbriefings.parliament.uk/ResearchBriefing/Summary/SN07094
Then click on “jump to full report”
I’ll also be writing to John Redwood & will put my thinking cap on re Ros’ suggestion.
Member Since August 2015 - Comments: 287
12:08 AM, 6th October 2015, About 11 years ago
Dispassionate interest is a good description. The changes affect investments I hold and this thread is one of the best gauges of how others involved (to different degrees) in btl are affected and reacting
Where mark s prods me, directly, I will respond
Member Since April 2014 - Comments: 306
12:20 AM, 6th October 2015, About 11 years ago
Reply to the comment left by “Ros .” at “05/10/2015 – 23:18“:
Here’s the link to download the the PDF of every MP (see Sept 2015 list) in alphabetical order showing their financial interests including rental income.
http://www.publications.parliament.uk/pa/cm/cmregmem/contents1516.htm
Now we just need to decide who/how to dissect this.
Thoughts anyone?
Member Since April 2014 - Comments: 306
12:27 AM, 6th October 2015, About 11 years ago
Reply to the comment left by “Manchester Landlord” at “05/10/2015 – 21:09“:
Weirdly Redwood only has an interest it seems in one rental property in Putney as at Sept 2015 disclosure of MP’s financial interests.
Member Since July 2015 - Comments: 438
12:35 AM, 6th October 2015, About 11 years ago
Reply to the comment left by “Jon Pipllman” at “05/10/2015 – 23:18“:
When time allows I keep an eye on many forums and news articles (and comments sections) to try and get a balanced view.
You’re on at least two of them. Yes unfortunately there ARE people with extreme and sometimes illogical views on every web forum. Sadly that’s human nature.
But of the two that you seem to post on, one is generally about sharing ideas and and in the case of this particular thread DEFENCE whilst most threads on the other forum that you frequent is very much focused on ATTACK.
Regardless of actual subject matter, threads on this forum are about helping other human beings in a natural way, whilst the other forum tends to always focus on belittling and making cheap shots at others, all the time. Usually including politicians, which is partly why I am so surprised that the other forum appear to have fallen for the dodgy govt rhetoric and data hook, line and sinker and seem to now all of a sudden genuinely believe that Clause 24 has been proposed because they think the current political elite in power actually want a crash and to level the playing field.
Member Since July 2015 - Comments: 197 - Articles: 3
6:08 AM, 6th October 2015, About 11 years ago
Reply to the comment left by “Ros .” at “05/10/2015 – 22:26“:
Hi Ros, I’m glad the example of Jim is proving useful. You might like to know that I’ve calculated that after tax change and post the meager 1% interest rate rise, Jim will have to raise rents by exactly 20% to get to the break even stage (or he could reduce his borrowings to 60%).
To get back to the £1200 positive cashflow he needs to increase rents by 40% or reduce his borrowings from 75% to 45% (pay off £60k of his mortgage).