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 September 2016 - Comments: 2533 - Articles: 73
8:30 AM, 2nd December 2015, About 10 years ago
Reply to the comment left by “Chris Cooper” at “02/12/2015 – 00:20“:
Hi all.
If anyone has the time, could they take a look through this 2004 report found by Chris and extract any salient points? Kate Barker wrote an article in which she supported C24 recently and I wrote to her to say why she shouldn’t. She then sent me more of a note really, saying that she was going to write me a fuller reply soon. It will have slipped her mind and I will be reminding her of that. So, any good points from the report could be something I add to my next email to her.
http://news.bbc.co.uk/nol/shared/bsp/hi/pdfs/17_03_04_barker_review.pdf
Member Since August 2015 - Comments: 335
9:08 AM, 2nd December 2015, About 10 years ago
http://www.bbc.co.uk/news/business-34974998
I wonder, what stance he may take next!
Member Since December 2015 - Comments: 19
9:36 AM, 2nd December 2015, About 10 years ago
Reply to the comment left by “KATHY MILLER” at “02/12/2015 – 07:12“:
He needs the money, so he plans to make a bit while doing this.
I think he knows something we don’t know about the future of BTL, or just simply regards BTL as a bad thing, that’s why he tries to make sure BTL business is separated from personal assets and when it’s done, he won’t care what happens anymore.
If things go wrong he won’t give a sh.t, if he needs money he can tax the hell out of the BTL sector or he can just extend right to buy as we are not talking about people’s personal assets anymore.
I don’t really see any other reasons why he would push towards corporations instead of individual landlords.
Member Since August 2015 - Comments: 287
9:46 AM, 2nd December 2015, About 10 years ago
So, in her evidence yesterday, Kate Baker indicated that she didn’t believe it was possible for the industry to build 300k houses per year in the UK now.
Moreover, today’s UK Construction PMI is headlined “Construction output growth slows in November amid weakest rise in housing activity since June 2013”
https://www.markiteconomics.com/Survey//PressRelease.mvc/fa8461cde8104290aecccf945a0ba84c
And I thought the plan was to build more houses?
Member Since November 2015 - Comments: 73 - Articles: 5
11:25 AM, 2nd December 2015, About 10 years ago
Reply to the comment left by “Ros .” at “02/12/2015 – 08:30“:
Hi Ros, I am ploughing through the meeting, as time permits. Some relevant stuff from 16:25 onwards. BTL mentioned 16:32 and 16:40 (all times approximate).
Kate Barker does say, at about 16:40.30, that she agrees with the BTL tax because it is more likely that corporates would deliver better standards in the rental market (I have paraphrased).
The meeting seems to have several members with commercial interests in property. Watching this, and the more I read, it is reinforcing my belief that GO definitely does not want to kill off BTL – he just wants to kill it off for us.
Comments: 9
11:41 AM, 2nd December 2015, About 10 years ago
Who is “us”, Chris? Is this forum focused on certain BTL sectors? If so, which are they? I’m fairly new here, so excuse my ignorance 🙂
Member Since August 2015 - Comments: 335
11:53 AM, 2nd December 2015, About 10 years ago
http://www.theguardian.com/politics/2015/nov/02/pale-chancellor-george-osborne-afraid-expenses-scandal-budget
Click the link to see that Osborne & Little paid no corporation taxes in last 7 years. (No wonder he supports Corporations).
For ease of reference Osborne is named after his father and Little is named after George Osborne.
Member Since August 2015 - Comments: 335
11:55 AM, 2nd December 2015, About 10 years ago
http://www.private-eye.co.uk/issue-1404/hp-sauce
Another one…it gets more interesting.
Member Since November 2015 - Comments: 73 - Articles: 5
12:00 PM, 2nd December 2015, About 10 years ago
Reply to the comment left by “Paul Mathur” at “02/12/2015 – 11:41“:
Hi Paul – sorry, by us I meant individual, unincorporated buy-to-let landlords.
Member Since November 2015 - Comments: 73 - Articles: 5
12:06 PM, 2nd December 2015, About 10 years ago
Reply to the comment left by “Saeef Khan” at “02/12/2015 – 11:53“:
Hi Saeef – just posted this on Face Book.