Summer Budget 2015 - Landlords Reactions

Summer Budget 2015 – Landlords Reactions

2:00 PM, 8th July 2015, 11 years ago 9619

Budget 2015 - Landlords Reactions

The concern is;

Budget proposals to “restrict finance cost relief to individual landlords”Summer Budget 2015 - Landlords Reactions

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Comments

  • Member Since August 2015 - Comments: 79

    1:45 PM, 25th November 2015, About 10 years ago

    Clearly heading landlords off at the pass attempting to incorporate.

  • Member Since October 2013 - Comments: 804

    1:50 PM, 25th November 2015, About 10 years ago

    He slipped in that corporates would not be included just the small professional landlords good job the houses I
    Buy or under the threshold not that I’ll be buying anymore

  • Member Since October 2015 - Comments: 4

    1:51 PM, 25th November 2015, About 10 years ago

    Have just listened to the Autumn budget statement.

    Osborne basically said something like –

    “It has been pointed out to me that the BTL tax relief changes I already announced to make it fairer for FTBs will not affect those who buy BTL with no mortgage, so I am upping stamp duty on all BTL by 3% as well, and will consult so it does not affect corporates”

    Like some said previously on this discussion thread, it really does seem the real objective is to kill BTL by ordinary people and hand the private rented sector over to the corporates!

    And no chance whatsoever now of a climb down on scrapping the 20% tax relief changes….

  • Member Since October 2013 - Comments: 804

    1:54 PM, 25th November 2015, About 10 years ago

    It’s like the empire taking over the buy to let galaxy ha

  • Member Since September 2016 - Comments: 2533 - Articles: 73

    2:09 PM, 25th November 2015, About 10 years ago

    Reply to the comment left by “NW Landlord” at “25/11/2015 – 13:50“:

    I wonder if there will be a threshold though. Maybe it is 3% even if the house costs £50,000…. I can’t remember exactly what he said and can’t be bothered to rewind it.

  • Member Since August 2015 - Comments: 335

    2:09 PM, 25th November 2015, About 10 years ago

    What he did not say, whether he is going to continue with his previous announcment in July 2015 but added that he will hit BTL with additional 3% Stamp Duty.

    I know it is wishful thinking, but does anyone think that he may abandon his previous announcement and replace with new?

  • Member Since August 2015 - Comments: 139

    2:10 PM, 25th November 2015, About 10 years ago

    I am very surprised as I fully expected cuts to housing benefit? Have I missed something?

  • Member Since October 2013 - Comments: 804

    2:11 PM, 25th November 2015, About 10 years ago

    Massive wishful thinking I do believe

  • Member Since October 2013 - Comments: 804

    2:12 PM, 25th November 2015, About 10 years ago

    There will be cuts to universal credit which has replaced it wouldn’t touch that with a barge pole now

  • Member Since August 2015 - Comments: 335

    2:14 PM, 25th November 2015, About 10 years ago

    Reply to the comment left by “ray selley” at “25/11/2015 – 13:38“:

    Ray it is April 2016 as opposed to April 2017. Please see the link:
    http://www.bbc.co.uk/news/business-34922738

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