Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
Henry Pryor, according to his own website, is the “The BBC’s favourite property expert.” His Bio says “for the past nine years I have worked as a ‘buying agent‘, sourcing homes and other assets for the rich and famous and for the plain hard working.”
However, in a Twitter spat with the RLA, Pryor claimed that their concerns over millions of families facing rent increases over Section 24 mortgage interest relief reductions are scaremongering and “complete pants.”
Pryor was attacking the Axe The Tenant Tax awareness week as complete nonsense and unnecessarily unsettling for a lot of tenants.
His argument is that the Section 24 tax changes are only target at landlords and not tenants and that it will only affect a minority. He says it is disingenuous to say the tax will affect tenants, but quite how you increase the costs for a supplier without expecting an eventual increase in price or decrease in supply for the consumer I am not quite sure. It is economics 101.
However, Pryor as an expert commentator is clearly in touch with the housing crisis and the plight of the average person on the street as he now says “Currently I divide my time between providing market comment and analysis for the media whilst working for some of the nicest private clients looking for new homes.
I am fortunate to live in the country surrounded by great friends who help us produce our own pork and cure our own bacon in a pale imitation of Hugh Fearnley-Whittingstall.”
If you would like to research some real facts on the effects of Section 24 please see below:
Today I launch my comprehensive report: Section 24 of the Finance (No. 2) Act 2015: “the unjust legislation that will make the UK housing crisis much worse.” I would like to thank all of those who have contributed to this report, which I hope will have a significant impact in our campaign to reverse this… Read more
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