Clause 24 response from Tim Loughton MP

Reply to the comment left by “ ” at “28/09/2016 – 23:31“:

Hi Rosalind I more than happy with you using my comments. Feel free to get in touch if you need anything further.

Reply to the comment left by “Old Mrs Landlord” at “29/09/2016 – 07:28“:

It has already started I have a colleague from EE and they are already struggling to find replacements for their HMO – first time in a decade. They’ve actually ended up handing in their notice and as they cant afford to rent alone more likely than not they will leave UK too.

In 2008 all currencies bottomed but now it’s different, it is only the GBP so they are better off moving to continental eu + it is much closer to their home land too. So don’t have high hopes of rent raises – at least in the SE – in my example above their landlord will be happy to find another tenant…

Reply to the comment left by “Joe Galvin” at “29/09/2016 – 11:36“:

I will monitor local developments in this regard, but it would not surprise me if the scenario you describe is, like so many other aspects of housing, a London area scenario and not reflected everywhere in the country. Obviously I’m not saying the effects of relative currency values are local, but the enormous variation in housing and employment markets is frequently not appreciated by commentators, particularly the politicians who make the policy. We have a couple of properties which we would struggle to sell for our purchase price and for which the rents have not increased in eleven years, so in real terms are well down while all running costs have increased. (These properties are not in the north east.)

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Reply to the comment left by “Joe Galvin” at “29/09/2016 – 11:36“:

I will monitor local developments in this regard, as the example I gave was from before the Brexit vote. However, it would not surprise me if the scenario you describe is, like so many other aspects of housing, a London area scenario and not reflected everywhere in the country. Obviously I’m not saying the effects of relative currency values are local, but the enormous variation in housing and employment markets is frequently not appreciated by commentators, particularly the politicians who make the policy. We have a couple of properties which we would struggle to sell for our purchase price and for which the rents have not increased in eleven years, so in real terms are well down while all running costs have increased. (These properties are not in the north east.)

Reply to the comment left by “Mark Alexander” at “29/09/2016 – 09:16“:

Hi Mark

Fair enough.
It is a really slog to organise stuff on such a large scale.
And you have done more than your fair share to shout this and other worthy causes from the rooftops .
Hopefully someone reading with the necessary skills and motivation may take up the gauntlet. Even if it pilot small scale operation which gains publicity to fuel the fire that may be enough. Or a countrywide blanket sec 21 day even as a publicity stunt is perhaps all that is needed to raise awareness to a larger audience

An analyst then could prepare a projected effect on the country if we all did not withdraw the sec 21`s within the 2 months timescale . The social disruption would be considerable. I`m not a militant but the Miners faced up to Maggie in the 80`s and caused serious problems. And much more recently the rather genial passive junior doctors who could hardly be described as hard core left showed the power of disruption when they felt they were being dealt an unfair hand but the government just decides to steamroller its policies through.

Maybe when the first increased tax bills land on the doormat then the up to now blissfully unaware landlords will come on board in a second wave click onto 118 and join the battle. People power changes policy.

Reply to the comment left by “Jonathan Clarke” at “30/09/2016 – 08:40“:

Hi Jonathan

I agree that the first wave of tax bills in Jan 2019 hold be a breaking point for many if s24 ever gets that far. Meanwhile we still have plenty of fight left in us and several campaign strategies to deploy which are affordable based on the resources we do have available to us.

Watch this space!
.

Reply to the comment left by “Jonathan Clarke” at “29/09/2016 – 08:58“:

The links did not work for me in the Microsoft browser, but were fine in Google Chrome.

Fiscal Policies of the UK Government as written by friends of the ex Chancellor , leave funding to be obtained from new sources not limited to Crowd Funding and the Bank of Mum and Dad to support the UK economy. It is evident that the UK Government will in 2017 be taking money away from the landlord in two ways namely, the availability of funds as well as the intended S.24 rules. To date, MP’s nor the Bank of England has not appeared to be astute enough to question the Government on these rules. Long live the Queen !

Now you understand why so many say MPs are MPs because they are basically unemployable in any job where they have to think for themselves! So they opt for parrotlife and toady-jogalong.

Reply to the comment left by “Michael Barnes” at “30/09/2016 – 21:09“:

Thanks I`ve accessed these now . Yes MP Shailesh Vara is in complete denial so I will enlightened him with my experiences.
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