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 September 2013 - Comments: 771
7:03 PM, 22nd November 2015, About 10 years ago
Thanks all for completing surveys we need to complete as many as possible . It will then feed back hopefully to what a massive mistake GO is making.
So if anyone else gets one please alert everyone else
Member Since September 2016 - Comments: 2533 - Articles: 73
7:44 PM, 22nd November 2015, About 10 years ago
People might like to revisit this thread:
https://www.property118.com/campbell-robb-ceo-shelter-open-letter/81625/comment-page-3/#comment-68276
In addition to completing the survey, contacting Shelter and Crisis directly seems like a good idea, now that Crisis suddenly seem to be getting worried about the effect on Housing Benefit recipients and the homeless.
Member Since August 2015 - Comments: 335
10:08 PM, 22nd November 2015, About 10 years ago
Interesting article by an accounting firm which suggests that, UK is more heavily taxed than most major economies, that’s even before the introduction of new tax.
http://www.taxassist.co.uk/resources/show-news/title/UK-landlords-pay-more-buytolet-tax-than-other-major-economies/id/900000889
Member Since September 2013 - Comments: 771
6:59 AM, 23rd November 2015, About 10 years ago
http://www.theguardian.com/money/blog/2015/nov/21/foreign-buyers-british-property
I agree with limiting foreign investment
Member Since October 2014 - Comments: 274
7:17 AM, 23rd November 2015, About 10 years ago
Reply to the comment left by “KATHY MILLER” at “23/11/2015 – 06:59“:
In principle I think there is to much foreign purchases of UK assets, disagree with the comment “Tax breaks for buy-to-lets are still too generous.“
Member Since September 2013 - Comments: 771
7:22 AM, 23rd November 2015, About 10 years ago
http://www.telegraph.co.uk/finance/personalfinance/investing/buy-to-let/12007601/The-buy-to-let-mortgage-trap-that-guarantees-you-lose-money.html
Member Since August 2015 - Comments: 335
9:10 AM, 23rd November 2015, About 10 years ago
I was listening to radio this morning and they stated that, Buy To Let Mortgage rates will plummet and now they will come broadly in line with Owner Occupier Mortgages as lenders view this type of business very lucrative and lower risk than they used to view this business histroically as well as the fact lenders would like to help landlords with cash-flow in the light of new tax changes.
They went on to say, New Tax Changes will be compenstated in half by lower rates and half by rent increases.
It ain’t all over till the fat lady sings it!
Member Since May 2015 - Comments: 2188 - Articles: 2
9:21 AM, 23rd November 2015, About 10 years ago
Reply to the comment left by “KATHY MILLER” at “23/11/2015 – 07:22“:
What are you all waiting for, increase your rents now.
Member Since August 2015 - Comments: 335
9:28 AM, 23rd November 2015, About 10 years ago
Reply to the comment left by “David Price” at “23/11/2015 – 09:21“:
David, you are well ahead of the game…:-)
Member Since October 2014 - Comments: 274
9:36 AM, 23rd November 2015, About 10 years ago
Reply to the comment left by “Saeef Khan” at “23/11/2015 – 09:10“:
“…. the fact lenders would like to help landlords with cash-flow in the light of new tax changes.”
In which parallel universe do these Lenders exist? Lenders are out to make as much profit as they can, even at the expenses of undercutting other Lenders. They’re just trying to grab market share before Basell III kicks in.