Reintroduce mortgage interest relief and drop 3% stamp duty surcharge

by Property118.com Landlord News Team

2:24 PM, 14th May 2018, 8 years ago 7

Categories:

Landlord News

Petition:

Reintroduce full mortgage interest relief and drop the 3% stamp duty surcharge

Created by Mark Homer –

We call on the Government to reintroduce full mortgage interest relief and to drop the 3% stamp duty surcharge which is increasing homelessness by driving many landlords out of the sector, meaning tenants have less choice and higher rents.

There will still be a continuing growth in demand for housing and a significant part of this will have to be available through private landlords. It is time to review the tax changes on buy-to-let landlords. It’s clear that the availability of rental property has decreased and rents have risen markedly. We call for policy change to end these disastrous tax policies which cause such profound suffering.

PLEASE CLICK HERE TO SIGN THE PETITION

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Comments

Neil Patterson Read Full Bio

Member Since February 2011 - Comments: 3453 - Articles: 286

2:25 PM, 14th May 2018, About 8 years ago

We can but keep trying

11 Report Comment Reply
Monty Bodkin

Member Since June 2014 - Comments: 1564

4:49 PM, 14th May 2018, About 8 years ago

Smashed a thousand signatures in the first hour.

4 Report Comment Reply
Kay Landlord

Member Since April 2016 - Comments: 25

9:14 AM, 15th May 2018, About 8 years ago

OK nearly 4000 signatures this morning.
We need 100k

how are we going to get this done? Would the landlord unions help? How can we spread the word. There are at 1 million landlords out there!

1 Report Comment Reply
Neil Patterson Read Full Bio

Member Since February 2011 - Comments: 3453 - Articles: 286

9:16 AM, 15th May 2018, About 8 years ago

Hi Kay, it will be going in today’s newsletter 🙂

1 Report Comment Reply
Monty Bodkin

Member Since June 2014 - Comments: 1564

11:42 AM, 17th May 2018, About 8 years ago

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.)

1 Report Comment Reply
Old Mrs Landlord

Member Since February 2016 - Comments: 1056

1:57 PM, 17th May 2018, About 8 years ago

Reply to the comment left by Monty Bodkin at 17/05/2018 – 11:42
re your aside: HPC’s petition has not been supported by Generation Rent on the grounds that their priority is getting S.21 removed. GR actually assert that the tenants pay the cost of S.21 evictions, so perhaps we should be claiming our court and bailiff’s costs back from them! Fat chance, since most are evicted for non-payment of rent and/or other misdemeanors which cost landlords dear. Obviously, there are costs to tenants in finding somewhere else to live, but many are serial offenders who manage to live rent free for long periods, thus profiting from their behaviour rather than paying a penalty.

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Monty Bodkin

Member Since June 2014 - Comments: 1564

10:08 AM, 26th May 2018, About 8 years ago

Government response to the 10,000+ signatures here;

https://petition.parliament.uk/petitions/219279

Response as expected.

1 Report Comment Reply

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