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 March 2016 - Comments: 68
11:13 PM, 28th April 2016, About 10 years ago
Hello James
I phoned them late evening and I did manage. They want to run an article with a link. The person was very supportive and helpful. He wants the facts like Clause 24 started, how the landlords will be paying tax on expenditure (interest) crowd funding, etc. How it will effect LA as well.
these are the points I discussed with him breifly. He wants it written down and sent to him via email as he wants to discuss it with his team how best to help us with the article and link.(article was his idea) No promises but he was very interested . James would you write it and send it off to him via email. I did say to him one of the landlords/supporters will write it on behalf of us all. Would you like me send his name and email address to Mark and he can forward it to you. I do not want to leave it on this open site.
Member Since March 2016 - Comments: 68
11:42 PM, 28th April 2016, About 10 years ago
Hi James
My previous comment is awaiting moderation. Sorry I did not wait for your answer. I have sent the details to Mark for you to pick up. If you can not do it, would you please pass the task on to a good writer from this forum.
Thanks
Member Since December 2015 - Comments: 32
9:31 AM, 29th April 2016, About 10 years ago
Reply to the comment left by “money manager” at “26/04/2016 – 12:47“:
Am not sure that a very convincing argument….as you own 100% of the property and receive 100% of the gains….the bank merely has a charge on the asset.
Member Since July 2014 - Comments: 69
9:58 AM, 29th April 2016, About 10 years ago
If I share the properties with my wife, is that a pertnership?
Member Since September 2015 - Comments: 237 - Articles: 4
10:20 AM, 29th April 2016, About 10 years ago
Reply to the comment left by “Eden Lan” at “28/04/2016 – 23:42“:
Eden.
Thanks for that. The 118’ers are on it. Will see what we can do.
Member Since July 2015 - Comments: 4
11:55 AM, 29th April 2016, About 10 years ago
How is taxing a loss good for the Bank of England. Mark Carney at the B of E is worried about landlords getting in to financial trouble and being forced to sell in large numbers, or worse, having their properties repossessed. Taxing a loss is the most risky thing possible for the financial stability of the housing market / economy.
His dumb policy is actually going to increase the risks, not decrease them!! George Osborne, if you are reading this – leave financial policy to Mark Carney, you’re a historian graduate mate, you ain’t got a clue about finance!!
Member Since January 2016 - Comments: 38
6:15 PM, 29th April 2016, About 10 years ago
Reply to the comment left by “NW Landlord” at “28/04/2016 – 18:07“:
So after further investigation and discussions with MS it appears we will be stamp duty exempt on the transfer as we have had a property management partnership in place for 7 years so that is fine, phew!
Member Since March 2015 - Comments: 225
4:34 PM, 30th April 2016, About 10 years ago
Reply to the comment left by “stuart edwards” at “29/04/2016 – 09:31“:
I wasn’t putting it forward as a strategy but rather to highlight the absurdity of taxing both the landlord/borrower on gross turnover AND the lending institution on interest received. In anyone’s book that’s double taxation.
Member Since November 2016 - Comments: 335
12:29 AM, 1st May 2016, About 10 years ago
Guys, I need a favour from you. Does anyone have “Information for tenants leaflet from my deposits” however 2010 version not the new one.
As I need to produce this with my tenant eviction however I do not seem to have one. If anyone has a copy, I shall be most grateful, if you could kindly email me on following address:
[email protected]
Your anticipated help is most appreciated.
Thanks
Simon
Member Since March 2016 - Comments: 32
1:40 AM, 1st May 2016, About 10 years ago
Reply to the comment left by “S H” at “29/04/2016 – 18:15“:
Hi SH,
Good news. It sounds like you found a solution! Did you need to convert your mortgages to business mortgages? Are the mortgages now held in your limited company’s name?