Jerry Maguire

Registered with Property118.com
Monday 29th September 2014


Latest Comments

Total Number of Property118 Comments: 11

Jerry Maguire

17:13 PM, 9th July 2015
About 4 years ago

Housebuilders share prices plummet post Budget

Completely agree with your sentiments mark, nothing that frustrates more than politicians changing the rules of the game.... Read More

Jerry Maguire

15:54 PM, 9th July 2015
About 4 years ago

Housebuilders share prices plummet post Budget

Reply to the comment left by "Alan Loughlin" at "09/07/2015 - 14:52":

Yes doing what all other businesses do, claim for costs as and when they are incurred...... Read More

Jerry Maguire

12:35 PM, 9th July 2015
About 4 years ago

Housebuilders share prices plummet post Budget

Or small high marginal tax landlords make less money? I'm not convinced all landlords will be passing the new costs on in full as simplistically as you suggest.

Moreover, higher rate leveraged landlords are not at a structural disadvantage compared to large scale pension funds /insurance companies now... This is a game changer for the landlord on the street.... Read More

Jerry Maguire

23:39 PM, 8th July 2015
About 4 years ago

Housebuilders share prices plummet post Budget

Two significant themes for me:

Wealthy landlords will now elect to pay down debt rather than expand - possibly by selling 2 properties to pay off eg 3 others

It provides big business (the pension/insurance sector) that are strategically looking to enter the PRS an even bigger advantage over the small scale man in the street.

There were some positive things in the budget for you too mark so don't be too down.

Nice evending... Read More

Jerry Maguire

23:08 PM, 8th July 2015
About 4 years ago

Housebuilders share prices plummet post Budget

i own some of these stocks and sone of these are up around 50% in the last year so losing ~5% in a day won't cause George to lose much sleep, presumably you saw what he did to those unfortunate enough to be selling annuities in his previous budget? I think you're both being over dramatic.

What's more interesting for me is...

A/ how many landlords will this put underwater cashflow wise?
B/ what implications does this have for the housing market now that the fastest growing sector of the market may get smaller?
C/ Do we still expect an MMR style formal limits from the BoE for buy to let or has this changed anything?
D/ I wonder how lenders will interpret this news, presumably lending appetite will diminish given landlords lower cashflows?... Read More