Summer Budget 2015 – Landlords Reactions

Sunita.

You must meet Philip Hammond again!

I am absolutely clear though thar there isn’t a single person in the land that gives a jot for the prospects of a landlord.

The only chance of Hammond listening and changing is if he believes that 4 million tenants + will have their rent increased… with every rent in the land going up to follow the market.

Hammond will only pause if he talks to his Irish counterparts and realises they HAD to undo it.

The simple fact here is that all four tax attacks are a tax on tenants levied through landlords. He must be made to see that if he hit us we hit them. this is not a threat or a mean thing nor a greedy thing, is a schoolboy economics realty!

I love the idea of you taking others but I strongly suggest you focus on the impact on tenants not on landlords. Of course you should mention it is unfair to landlords and is has the tax on turnover. But the important thing, is that if the taxes are to be paid at all it will be paid by increase rents…there are no magic beans or pots of gold to raid!

I think it should be aimed at landlords and tenants and how the two go hand in hand when it comes to this horrendous tax

Reply to the comment left by “NW Landlord” at “20/10/2016 – 18:40“:

The reality is that landlord will be okay… we will put the rents up and look back and wonder what we set worried about.

I see so many rented houses for sale sale at the moment… Those who are minded to do so will sell. There will be fewer rented properties and those that are left will be very expensive and we will get able to be very selective about tenants and will only take those that can afford the rent. Everybody hates landlords and so it is the plight of the tenabt that will make change. If we don’t engage the tenants it will not change!

Tried to post this a few times encouraging to say the least

http://www.propertytribes.com/s24-breaking-news-t-127626884.html

My worry is that the backing will be solely to 3% stamp duty on second and further properties as somehow it gained more negative press than S24 and actually the slowing of the market is clearly visible.
I agree that we need to lobby our MPs again.
Saying that – mine (Cons) will not listen.

It’s encouraging anyway that they are thinking differently to that fool osbourne

Reply to the comment left by “NW Landlord” at “20/10/2016 – 21:45“:

NW Landlord this is indeed very positive! I iz excited!

If and it’s a big if this is tweeked or reversed then one thing we can all take from it is that we need to stick together and get behind 118 and the landlord union and spread the word to other landlords to join and in turn spread the message that we arnt all greedy whatever’s but decent hard working people providing an essential service at a crucial time. It is so important that we get better at landlord PR and getting our point across

Simon reading between the lines of that article there is going to be a shift from osbournes attack on our livelihoods ?

I saw the new chancellor in a commitee room type set up..he spoke and was questioned at length >>> specifically on the overall housing situation<< Believes averages now irrelevant and unhelpful….I also strongly got the impression that he is much more realistic on the continued need for rentals and i got the distinct impression he is far less driven towards trying to force up home ownership Than george O..He did make several comments about looking at various ways of securing tenancies for renters AND different types of tenancy!. So he appears more considered than Mr O. A careful and more reflective/considered person ..so..my gut is he will proceed carefully and will not let a problem of REDUCING rental home supply build…especially on the back of Gov. policy.My gut is in this next one he will do some things seen as supportive of the rental market…..and play it two ways…something to encourage more rental homes ( which might well be/ include a step down in the extent OR effective retrospective app. of C 24…or its % rate allowed on Fin.)..AND something to encourage security of longer tenures and or different tenancy types possibly..link that to rent levels…….and just maybe have an added LONDON ANGLE.so a balanced approach to renting in his “presentation style”. tenant help and a little for landlords which might explain partly ? the mayors recent interest/comment …again i suspect he ( chancellor ) will have seen that C 24 long term could be a problem…and as hes new.. less political damage to start something to mitigate it sooner rather than later. Another smart angle would be to talk of continuous review…C 24 and elsewhere We shall see whilst hoping for the best and having plans for the worst.

The same old gang are being ‘caring’ and looking after the poor by demanding private landlords provide safe areas for food storage etc for tenants on Universal Credit. Well, they’re wasting their breath as no landlords will be accepting tenants on UC pretty soon. What a load of goons. They think they can just keep dreaming up regulations for landlords as though that achieves anything. We all know the key to improvement of the small minority of homes rented out by criminals (not what I would call landlords) is to enforce the rules already in place. What a bunch of amateurs.

https://www.theyworkforyou.com/debates/?id=2016-10-20a.980.8&s=landlords#g980.9