15:55 PM, 30th October 2024, About A year ago 3
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Labour’s Budget Shock: What Property Investors Must Know! In this groundbreaking video, Ranjan Bhattacharya unravels the first Labour budget in 14 years, offering expert insights and analysis crucial for property investors. Discover how these changes will affect your investment strategies and the property market. Highlights include:
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Vic Maranian
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Member Since June 2023 - Comments: 5
9:57 AM, 31st October 2024, About A year ago
You cannot help the wage earner by pulling dow the wage payer.
Mervin SX
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Member Since October 2013 - Comments: 97
23:07 PM, 31st October 2024, About A year ago
There is no win for property investors!
The immediate increase in SDLT is an unecessary tax inhibiting entry into BTL investments or inhibiting further expansion of BTL portfolios. This change will also make it less cost-effective to move properties from sole name to limited company ownership!
Section 24 remains to hurt the sector, which is applicable for most portfolio/employed landlords.
And capital gains on exit will continue to tax appreciation on property values, despite, all the effort that has gone into maintaining these investments as homes for several generations of tenants!
A budget, friendly enough for landlords and useful for the residential letting sector is yet to be seen…
GlanACC
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Member Since March 2023 - Comments: 1466
9:56 AM, 2nd November 2024, About A year ago
Video is a bit premature, the budget has now spooked the markets.