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: 335
6:15 PM, 1st November 2015, About 10 years ago
Reply to the comment left by “Bill Morgan” at “01/11/2015 – 18:13“:
Bill you summed it up well.
Member Since October 2014 - Comments: 274
7:42 AM, 2nd November 2015, About 10 years ago
Just emailed BBC Breakfast about their story about homeless children being put up in a single room after being in b&b.
I have highlighted this will get substantially worse as Clause 24 starts to bite.
Also pointed out that rent increases will make the loss of tax credits pale into insignificance because of GOs stealth tax on Tenants.
Member Since March 2014 - Comments: 31
8:01 AM, 2nd November 2015, About 10 years ago
This article is what it’s all about the big boys getting the nod from the government and getting a piece of the action
http://propertyinvestorsawards.co.uk/institutional-investors-set-to-revolutionise-private-rental-sector/
Member Since September 2013 - Comments: 771
8:55 AM, 2nd November 2015, About 10 years ago
https://www.landlordtoday.co.uk/breaking-news/2015/10/petition-against-buy-to-let-tax-changes-passes-35-000-signatures
Member Since September 2013 - Comments: 771
9:00 AM, 2nd November 2015, About 10 years ago
Yes a few of us have believed this from the beginning. But for the tenant i’m not sure long term it will be good. Rents will rise for the share holders.
Any benefit person will not be wanted nor the ones with poor histories.
Member Since March 2014 - Comments: 31
9:01 AM, 2nd November 2015, About 10 years ago
Don’t want to be negative on a Monday morning but this is happening my MP said it has already passed the House of Commons and they consider it done and dusted. Need to plan from now as this will come round very quickly a lot of landlords are on for a massive shock so being ahead of the game is a slight advantage what this government is doing is beyond belief and the fall out will show this
Member Since September 2013 - Comments: 771
9:10 AM, 2nd November 2015, About 10 years ago
Reply to the comment left by “Maria O’Neill” at “02/11/2015 – 08:01“:
Yes the four year phasing in they have said to give landlords time to adjust is total crap . Its not for our benefit but to give the big boys time to get the houses built.
Member Since August 2013 - Comments: 108
1:36 PM, 2nd November 2015, About 10 years ago
Reply to the comment left by “Maria O’Neill” at “02/11/2015 – 09:01“:
I think the Gov is digging its obviously run out of money theyr looking anywhere for revenue, ltd co’s next ? theres just no fun these days even the new build market is on life support unless the buyer wants to saddle themselves with debt ad infinitum
Member Since June 2014 - Comments: 175 - Articles: 99
1:39 PM, 2nd November 2015, About 10 years ago
Got a response from my local MP who says numerous constituents have raised the same issues with him. He is a Conservative and has written to the Chancellor and will pass on any response.
Getting more MPS banging on Osborne’s door is the only way this is going to get noticed, until it is too late and by then Osborne will be swanning in the Lords counting his brown paper envelopes…
Member Since September 2016 - Comments: 2533 - Articles: 73
3:04 PM, 2nd November 2015, About 10 years ago
Encouraging article in Times today with two Conservative MPs speaking out against the fictitious income regime (FIR, as I am calling it). Here is the link, but you have to subscribe to read it all – or go out and buy a copy.
https://www.property118.com/budget-2015-landlords-reactions/76164/comment-page-557/#comment-67347