Monty Bodkin

Registered with Property118.com
Friday 13th June 2014


Latest Comments

Total Number of Property118 Comments: 580

Monty Bodkin

A week ago
Reintroduce mortgage interest relief and drop 3% stamp duty surcharge

Nearly got the 10,000 signatures required for a government response.
No doubt it will be the usual 'level playing field' claptrap but it keeps it up the agenda.
(As an amusing aside, the House Price Clowns have set up their own counter-petition achieving........... 200 signatures.)... Read More

Monty Bodkin

A week ago
Up to 380,000 landlords looking to let go of property!

Reply to the comment left by AA at 17/05/2018 - 09:52I've seen it too AA, the small change in the tax return won't make them aware of this. They will just wrongly claim the same as before. It will take HMRC years to chase it all up.... Read More

Monty Bodkin

A week ago
Up to 380,000 landlords looking to let go of property!

Reply to the comment left by Daniel Holder at 17/05/2018 - 09:09
"Similar properties in the area are already 12% down in asking prices"

House prices are up over 12% nationally since this announcement was made (source, Nationwide).

I sold off a couple of properties last year.

So you only had 3 properties and you panicked?!

I've got a lot more than that but have already planned and adapted so that by 2021, when this fully kicks in, my income will be the same or more.

Not to mention the added bonus of house price increases- 12% up nationally so far.... Read More

Monty Bodkin

A week ago
Up to 380,000 landlords looking to let go of property!

Reply to the comment left by AA at 16/05/2018 - 20:31
"My fellow cool headed friends clueless to the impact I think will be finding out this year through their tax bill."

Your thinking is wrong then AA.
Landlords don't receive a tax bill from HMRC, they complete a self assessment form. This year's form is practically unchanged from previous years, so if they were oblivious to it before, they will be oblivious to it after.... Read More

Monty Bodkin

A week ago
Up to 380,000 landlords looking to let go of property!

Reply to the comment left by Daniel Holder at 16/05/2018 - 09:34
"if you are going to Panic"
-Don't panic! Never a good idea to panic, especially in business.
Planned sales, maximising profits and utilising CGT reliefs is the way to go.... Read More