Simon Hall

Registered with Property118.com
Monday 21st November 2016


Latest Comments

Total Number of Property118 Comments: 274

Simon Hall

5 hours ago
Landlord Reactions To The 2017 Autumn Budget

Reply to the comment left by Jamie Moodie at 22/11/2017 - 18:29
"these barstewards" good going.... Read More

Simon Hall

6 hours ago
Landlord Reactions To The 2017 Autumn Budget

Reply to the comment left by Jamie Moodie at 22/11/2017 - 17:52
You are right but Stamp Duty is calculated at the top of what first time buyers pay. So if they pay Zero on £250K as stated in my example the surcharge would be £7500 as opposed to £10000.... Read More

Simon Hall

8 hours ago
Landlord Reactions To The 2017 Autumn Budget

The Chancellor has also frozen Indexation on Capital Gains on Incorporated Landlords which is likely to cost thousands to Incorporated Landlords. Details in Link:
http://www.telegraph.co.uk/money/consumer-affairs/budget-2017-buy-to-let-investors-face-higher-taxes-capital-gains/... Read More

Simon Hall

8 hours ago
Landlord Reactions To The 2017 Autumn Budget

The Chancellor may have inadvertently reduced Buy To Let Stamp Duty accordingly. Here's why I think:
As we pay 3% surcharge over and above normal Stamp Duty. Therefore on house purchase valued at £250000, first time buyer would have been required to pay £2500. i.e: up to £125000 Nil and then on remaining £125000 X 2% therefore total charge would have equated to £2500. The Buy To Let investor would have paid an additional surcharge of £7500 i.e £250000 X3% = £7500 + aforementioned charge = £10k in total.
Now in the circumstances when first time buyers are not required to pay anything up to £300000 therefore on purchase price of £250000 there is ought to be saving of £2500 for Buy To let purchase. Any views will be welcomed.... Read More

Simon Hall

10 hours ago
Landlord Reactions To The 2017 Autumn Budget

I was rather taken aback that Chancellor stated that "he will incentivise those landlords who offer 12 months tenancies but remained muted on further elaboration on this matter. Having looked at RLA site it now transpires that he will seek further consultation as to how to incentivise the landlords.... Read More