r d

Registered with Property118.com
Thursday 7th January 2016


Latest Comments

Total Number of Property118 Comments: 8

r d

13:57 PM, 5th February 2016, About 6 years ago

Summer Budget 2015 - Landlords Reactions

For the record, I have sent 2 letters (via email) and 3 chasers to my MP for a response and have had nothing back.

Cheryl Gillan - Chesham & Amersham

Disgraceful.... Read More

r d

14:30 PM, 3rd February 2016, About 6 years ago

Summer Budget 2015 - Landlords Reactions

Hi All,

Anyone else feel completely shell shocked, demoralised, dejected etc etc about Clause 24? I'm seriously confused as to the direction of my life. This may sound melodramatic but I have been Investing (growing), refurbishing, managing my buy-to-let business for 12 years. I started investing in properties with a very low base whilst working in the private sector. I saved like crazy and grew the business organically. I lived with my parents until I was 30! I left my (secure) job creating huge uncertainty in my life to pursue my dream of creating a successful profitable business and I am very proud of what I have created. The government (I voted for) are now trying take this away from me.

(not to mention the many many young professional tenants that will I will have to evict when/if I sell)

I'm completely lost as to what to do? I planned to buy a few properties this year. That's stopped. In fact I'm selling a few but the point is, I have no direction. No vision. No career (apart from managing the portfolio I have) Due to the huge uncertainty I've lost confidence in the market. Therefore I'm not growing / progressing the business.

I'm researching new business ideas but property is all I know.

I'm going to fight this Tax Grab and am looking forward to donating a large sum in the next round of funding (I missed the last round) but I'm at a loss for now.

Anyone else feel this way?... Read More

r d

12:29 PM, 25th January 2016, About 6 years ago

Open Letter To Grant Shapps and the BBC - Clause 24

Hi All,

Perhaps I am looking in the wrong place!

Can anyone please direct me to any literature that states owning 15+ properties makes you exempt from Clause 24/Tax on mortgage payments/revenue.

As far as I have read, owning 15+ properties allows you to potentially avoid the hike in Stamp Duty only?

Many thanks for your help
R... Read More

r d

20:58 PM, 24th January 2016, About 6 years ago

Open Letter To Grant Shapps and the BBC - Clause 24

Owners of 15+ B2l properties are exempt from Clause 24?

Does anyone have an official link for this?

Thanks... Read More

r d

21:53 PM, 7th January 2016, About 6 years ago

Summer Budget 2015 - Landlords Reactions

Landlords need to act as a united front much like Doctors that are going on strike due to the government enforcing them to work a 7 day week.

We need to ALL commit to raising rents by a given and significant percentage (20% 25% 30%) after a set date (when the legislation passes) and when individual tenancys expire/allow you to do so. The Government needs to take note that we are deadly serious about LARGE and COORDINATED rent increases, which in effect would be our own version of a Strike.

Leadership, teamwork, loyalty and commitment in coordinating such a proposal in needed.

Thoughts?... Read More