How buy-to-let will lose money
Honestly, some very odd comments on the ways the tax changes will impact on landlords: here’s a prize from the Office for Budget Responsibility, the body that monitors Treasury activities and ensures feasibility of tax policy in economic terms: “It is expected that 1 in 5 individual landlords will receive less relief as a result… Continue reading Question: how does increasing tax on landlords help tenants? (Answer: it doesn’t)
A call for £50,000 of funding for a legal challenge to the Chancellor’s tax grab on landlords on Boxing Day was successfully reached by the end of the Christmas/New Year break. Steve Bolton, who runs a buy-to-let training franchise company, had commented: “It’s not clear why the Government has chosen to just launch an attack… Continue reading Alice in Wonderland tax facing a legal challenge
I thought this struck an appropriate note, for all landlords contemplating what the National Landlords Association is calling “2015 – a year we’d like to forget”: Welcome to our last newsletter of 2015 After the assaults on Buy to Let landlords in the Budget and Autumn Statement it would seem that the politicians… Continue reading Christmas Tidings…
Well, not that lot, but the status quo as far as buy-to-let is concerned. I’ve let the dust settle for a week or so before commenting upon the latest round of the Chancellor’s assault on buy-to-let investors (as that is what it’s becoming), mostly because there’s been an awful lot of other commentary around and… Continue reading The Status Quo is gone…..
This week it is coming from Merryn Somerset Webb, a journalist on Money Week. She is basically picking up on and repeating the running story from the Telegraph that I have commented on in recent weeks; the blog is reached here: http://moneyweek.com/merryns-blog/buy-to-let-dont-do-it/ Now, for my taste Money Week is often a little shouty about risk… Continue reading Another week, another scare story…
It obviously depends what side of the debate you sit on, as no rise is welcome to a tenant. On the other hand, the latest figures from the Office for National Statistics suggest the pressure is nothing like as great as the hype would have us all believe (Index of Private Housing Rental Prices, July… Continue reading Rent Rises for Leicestershire…but not a whole lot to write home about
Good news about housing repossessions; they’re falling
This is the story of how a Court claim for recovery of rent debts needs to be handled, once repossession has been achieved. It is indeed a very long road, often with dead-ends and the need to retake different paths….but all necessary if you want to get back what is owed to you as a… Continue reading The (unnecessarily) long and winding road….