New Paragon 80% BTL products for individuals Ltd co and LLPs15:29 PM, 21st August 2019
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Please copy/paste the following text email your local District Council and County Councilers via this link
SUBJECT: Impact of Summer Budget on the housing market in [insert county]
I wish to draw to your attention a part of the Chancellor’s Summer Budget 2015 that is likely to have consequences for [insert County] if the Government’s tax changes go ahead in their present form. The proposal I am referring to is the proposal to restrict finance cost relief for private landlords. The reason I am bringing this matter to your attention is because I am certain that the proposals will have social and economic consequences for the people living within the [insert your Council area] area.
As you may have seen in the press, there is now an e petition to have this matter discussed in Parliament. Over 10,000 people have signed the petition in the past few days. Many of those who have signed are not landlords, they are tenants and home owners concerned about the possible implications for them.
The issues are set in this linked article >>> http://www.property118.com/?p=76936
I would draw your attention to the concerns about what will happen if there is a reduction in the supply of private rented accommodation, particularly the increased homelessness that is likely to result.
I would urge you to consider the issues highlighted. I assume you will be preparing a report to committee on the implications of the Summer Budget for your council and would ask you to confirm if you will include this matter in your report.
[insert your name]
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