Summer Budget 2015 – Landlords Reactions
2:00 PM, 8th July 2015, 11 years ago
9619
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The concern is;
Budget proposals to “restrict finance cost relief to individual landlords”. 
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Budget 2015 Campaign
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Member Since November 2015 - Comments: 374 - Articles: 8
8:51 PM, 25th November 2015, About 10 years ago
Reply to the comment left by “Howard Reuben” at “25/11/2015 – 17:00“:
Howard Reuben I completely agree with you. Outside of the online forums every landlord I know remains blissfully ignorant, even after you tell them directly. The information just doesn’t seem to go in and you’re left banging your head against a brick wall. It’s like trying to energise a herd of zombies… And not the World War Z kind.
They’ll complain when their tax bills go up, but even that will be just among themselves and not to anyone that matters.
The responsibility for representing landlords really is on us!
Member Since October 2013 - Comments: 804
9:02 PM, 25th November 2015, About 10 years ago
I’m a landlord get me out of here
Member Since August 2015 - Comments: 335
9:03 PM, 25th November 2015, About 10 years ago
From April 2019 onwards, he expects CGT to be paid within 30 days of completion.
Currently , say for instance, if you completed on sale of your buy to let on 7/04/2016 then tax will not be due until 31/01/2018 this is around 21 months.
Member Since September 2016 - Comments: 2533 - Articles: 73
9:36 PM, 25th November 2015, About 10 years ago
I actually think GO is getting delirious now. He has got carried away – jumping on the anti-landlord bandwagon fairly late, so he’s kind of catching up with the prejudice spouted by Shelter et al over the years and thinks he is doing something novel, radical and populist. I think the fact that we are being attacked so vehemently, with this attack coming so soon after the other one could lead to a different kind of backlash and that people may start to see through this. Many of our tenants will as well as other landlords slowly cottoning on. The British like an underdog and the more we are attacked, the less they will like it. Then, as the shortage of housing in the PRS grows and those on benefits and the lower-paid are ‘phased out,’ Georgie will have to do a u-turn.
He has now set the precedent of u-turning with the tax credits debacle, so I think it will not be as embarrassing for him when he does the u-turn vis-a-vis us. It may take a while – there will be reports by Crisis etc regarding the increase in homelessness and the increasing reluctance of landlords to let to people on benefits… but it will come.
Bon courage!
Member Since November 2015 - Comments: 374 - Articles: 8
9:48 PM, 25th November 2015, About 10 years ago
Just a quick reminder, while the thread is buzzing, to click this link and make your voice heard regarding Clause 24!
http://www.landlords.org.uk/news-campaigns/news/help-the-nla-tell-peers-about-the-economics-the-uk-housing-market#sthash.YyYOOJVy.dpuf
Member Since July 2014 - Comments: 69
11:38 PM, 25th November 2015, About 10 years ago
Reply to the comment left by “Appalled Landlord” at “25/11/2015 – 20:51“:
Will purchase of UK property by overseas residents count as a second home, even when they don’t have 1st home in UK already.
If the Chancellor is picking on UK Landlords why doesn’t he pick harder on overseas ones. As they appear to have bought 10% already and are the main buyers of London property at prices few Britons can afford, what holds him back?
Member Since July 2014 - Comments: 69
11:41 PM, 25th November 2015, About 10 years ago
Reply to the comment left by “Gareth Wilson” at “25/11/2015 – 20:35“:
Just so, Gareth.
Member Since January 2011 - Comments: 12193 - Articles: 1395
11:44 PM, 25th November 2015, About 10 years ago
Reply to the comment left by “Chris Brown” at “25/11/2015 – 23:38“:
With some level of certainty I believe overseas residents buying a property in the UK will pay the increased SDLT unless they can prove the property will become their principal private residence.
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Member Since July 2014 - Comments: 69
12:02 AM, 26th November 2015, About 10 years ago
Reply to the comment left by “Mark Alexander” at “25/11/2015 – 23:44“:
What about overseas Corporates?
Does this educated chancellor think things through to the end? His U-turns suggest not.
Member Since January 2011 - Comments: 12193 - Articles: 1395
12:04 AM, 26th November 2015, About 10 years ago
Reply to the comment left by “Chris Brown” at “26/11/2015 – 00:02“:
I think they will pay the increased SDLT too
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