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 2015 - Comments: 167
10:13 AM, 7th December 2016, About 9 years ago
From the build to rent marketing blurb:
“As the market leader, Affinity Living commands rental premiums and drives high yields for investors”
Rental premiums and driving hard yields.
Member Since December 2013 - Comments: 53
6:04 PM, 7th December 2016, About 9 years ago
Apologies if it has been mentioned elsewhere in this discussion, but could Trusts be used to combat Clause 24?
Member Since February 2011 - Comments: 3453 - Articles: 286
6:13 PM, 7th December 2016, About 9 years ago
Hi Gary,
The only type I have seen are Declarations of Trust, but everyone is totally different so you can never be to definite in any tax answer and I am not a qualified expert sorry.
Please see >> https://www.property118.com/ownership-restructuring-for-tax-purposes/
Member Since July 2015 - Comments: 393
12:10 PM, 8th December 2016, About 9 years ago
Reply to the comment left by “Old Mrs Landlord” at “05/12/2016 – 18:26“:
Sorry, I was referring to right-to-buy, not tax breaks.
Member Since October 2013 - Comments: 804
8:11 AM, 9th December 2016, About 9 years ago
Buy to let sales down 65% thanks George
http://www.propertyindustryeye.com/end-this-war-on-landlords-plea-as-sales-to-buy-to-let-investors-collapse/
Member Since October 2015 - Comments: 148 - Articles: 1
2:37 PM, 9th December 2016, About 9 years ago
http://www.cityam.com/255338/revealed-deeply-worrying-decline-buy-let-sales-after
Same story from Cityam.
Happening as predicted, but quicker than I thought. Locusts are swarming, and plagues brewing …
Member Since November 2016 - Comments: 335
3:01 PM, 18th December 2016, About 9 years ago
http://www.thisismoney.co.uk/money/buytolet/article-4029506/Rent-rises-triple-2017-crossrail-HS2-pump-rents.html
“Rents rises predicted to triple in 2017.”
Member Since October 2015 - Comments: 148 - Articles: 1
6:18 PM, 18th December 2016, About 9 years ago
Update from my meeting with Grant Shapps on Friday.
Unfortunately, I was only given 20 minutes, but took half an hour. I had spent a couple of hours beforehand preparing some notes of the key points I wanted to get across, so managed to get most of them across in the half an hour meeting.
Since he was formerly the housing minister, I knew he would have a good idea of the sector and the issues. He’d also clearly done some research on the emails I’d sent to him over the past year, and had some answers and queries.
I’m late reporting back here, as I felt quite exhausted and deflated after the meeting. Why? Ironically, because he totally gets it, agrees with my points (i.e. negative effect on my diligent pension provisions, unfairness of retroactive nature, potential effect on my tenants, and devastating effect it will have nationally on housing and social housing sector).
After him enquiring what stage S24 was at, and my confirmation it was through, and would be implemented from 2017, he asked me what I wanted him to do about it! He said he would happily lobby and talk to other MPs and could bring it up in parliamentary questions. I said yes, please do talk to people, and he asked me to keep him posted on my rent rises and evictions!!
Great. That was worth it. Like a listening ear, and someone to vent off to but it felt totally ineffective to be honest!
Got to keep banging that drum though …
Member Since October 2013 - Comments: 804
6:54 PM, 18th December 2016, About 9 years ago
The fact he doesn’t even know what stage it’s at says it all wasting our time it’s going to take carnage before this is looked at gotta plan for your own situation as u won’t get anything from MPS it’s just not a priority at the minute not even on the agenda with brexit etc
Member Since October 2015 - Comments: 148 - Articles: 1
7:07 PM, 18th December 2016, About 9 years ago
Reply to the comment left by “NW Landlord” at “18/12/2016 – 18:54“:
Yes, I think so too.
To us, it’s fundamental, to them, it’s just another issue on the list. I kept trying to stress the social housing sector effect which isn’t really directly relevant to me, but certainly one of my tenants will go on to social housing if/when I evict.
It’s going to be a mop up exercise for government. How could we ever expect government to act like top class management, analysing, identifying and mitigating cause and effect of tax policy. We will see no action until the damage is done.