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 July 2013 - Comments: 233
9:29 PM, 10th December 2015, About 10 years ago
Reply to the comment left by “Mark Alexander” at “10/12/2015 – 14:22“:
Thanks Mark and all others who have commented on my question. I was never in doubt that it was bad news for sole trader Landlords however it is worse than I thought.
I am due to meet my accountant anyway re my latest submission and this was on the agenda anyway.
Member Since September 2016 - Comments: 2533 - Articles: 73
9:32 PM, 10th December 2015, About 10 years ago
Reply to the comment left by “Seething Landlord” at “10/12/2015 – 21:12“:
Thanks SL. The main worry is always the possibility of being stuck with a rogue tenant for longer than absolutely necessary. In practice, I only ever give notice for non-payment, and once in a while for an abusive attitude towards me. So good tenants tend to have security of tenure anyway and until recently had static rents.
Things are a lot dodgier for them now though, with rent rises and also if a decision to sell some of them is made because of C24 I would aim for vacant possession in order to maximise the price.
It would be interesting to know if the proposed and withdrawn legislation (I’ll take your word for it) allowed us to still give notice if the tenant was in default. Because it is quite possible this might rear its ugly head again. I don’t think it will apply to me, as I am in Wales, but that’s not the point.
Member Since May 2015 - Comments: 2187 - Articles: 2
9:39 PM, 10th December 2015, About 10 years ago
Reply to the comment left by “Ray Davison” at “10/12/2015 – 21:29“:
I trust that you have now signed the petition?
https://petition.parliament.uk/petitions/104880
Member Since July 2013 - Comments: 233
9:54 PM, 10th December 2015, About 10 years ago
Hi David,
I had already signed it anyway!
Member Since July 2013 - Comments: 233
10:13 PM, 10th December 2015, About 10 years ago
Just another thought.
Sadly, I am divorced and pay child maintenance via the CSA. Now I do not mind paying to help support my son however is this tax change likely to affect the amount I am required to pay.
Member Since August 2015 - Comments: 139
10:57 PM, 10th December 2015, About 10 years ago
Reply to the comment left by “Ray Davison” at “10/12/2015 – 22:13“:
Short answer… Yes. And in an upward direction.
Member Since August 2013 - Comments: 428
11:55 PM, 10th December 2015, About 10 years ago
Reply to the comment left by “Ros .” at “10/12/2015 – 21:32“:
Ros, As far as I can see it would only have prohibited service of a S21 notice during the first 36 months of the tenancy.
Member Since July 2015 - Comments: 20
6:56 AM, 11th December 2015, About 10 years ago
Interesting article in City A. M.:
http://www.cityam.com/230662/why-war-buy-let-will-make-housing-crisis-worse
Member Since October 2015 - Comments: 49
9:10 AM, 11th December 2015, About 10 years ago
Reply to the comment left by “Julius Caesar” at “11/12/2015 – 06:56“:
I preferred this one as it written by someone that would be seen as more independent but only found it via your link
http://www.cityam.com/229568/autumn-statement-2015-chancellor-george-osbornes-housing-measures-risk-making-the-situation-worse?ITO=related-content
Member Since August 2015 - Comments: 335
9:31 AM, 11th December 2015, About 10 years ago
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/12043703/Global-regulators-join-crackdown-on-buy-to-let.html
Charming!