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Barryin Wilts
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my expertise in the industry

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Barryin Wilts
The Government are going to do anything that cost them (central Government)money or loses them revenue. If they do then they'll make charges for those services (e.g. Housing Courts fees) or increase taxes, or put the costs out to local Government

From: Barryin Wilts 02 October 2017 11:49 AM

Barryin Wilts
................so Corbyn must really happy that this leftist Tory Government is executing his PRS plan for him (and taking the liability when it all goes pear-shaped).

From: Barryin Wilts 29 September 2017 14:56 PM

Barryin Wilts
you are crediting the Government & their advisor with more intelligence than is justifiable.

From: Barryin Wilts 29 September 2017 14:52 PM

Barryin Wilts
At last some at the helm of Shelter who seems to understand a bit about the economics of the lettings business. Let's hope she'll change Shelters stance on Sec.24.

From: Barryin Wilts 29 September 2017 08:00 AM

Barryin Wilts
"The steady fall in the number of homes available to rent in London has been driven by a drop in the number of landlords buying since the new stamp duty rates". Undoubtedly Stamp Duty will have an effect but only to deter further growth. As yields in London have been pretty thin in general, the effects of s.24 will make letting a property uneconomical for many Landlords resulting in them selling up, as the Treasury/HMRC will now be taxing them on fictitious profits. So the effect of s.24 will be to reduce the number of properties available to rent, and that on its own will drive rents higher. THat's on top s.24 driving up rents in its own right just to pay the extra tax.

From: Barryin Wilts 14 August 2017 09:26 AM

Barryin Wilts
Needs to be a co-operative arrangement between NLS, RLA & ARLA.

From: Barryin Wilts 01 July 2017 15:28 PM

Barryin Wilts
Many Landlords haven't crunched the numbers to determine what impact s.24 is going believing that is can't be all that bad as it was a Conservative Government that introduced this measure. How wrong they are! Effective rates of tax on actual profits can be over 100%. Rents will need to be raised from between 20% to 40% just to pay the extra tax. And if the local market cannot bear this then they'll have to evict and sell up

From: Barryin Wilts 10 May 2017 07:09 AM

Barryin Wilts
Please do share your research with us as it contradicts the finding of reputable independent research organisations, and Governments own statistics publish in the English Housing Survey. Far from clogging up the market Landlords provide investment in new development by buying off-plan which provides the seed funding for development to proceed. They bring derelict houses back into use, and covert overly large properties into HMOs or smaller flats. BTW mortgage interest is a legitimate business expense not a relief. If this measure was applied to all businesses the expansion of business in the UK would dry up overnight

From: Barryin Wilts 03 April 2017 13:13 PM

Barryin Wilts
It looks like this Government have chosen to learn the hard way, and cause untold misery to millions along the way.

From: Barryin Wilts 23 January 2017 19:49 PM

Barryin Wilts
............a degree in History and "O" level maths.

From: Barryin Wilts 23 January 2017 19:47 PM

Barryin Wilts
More mindless regurgitation of George Osborne's sophistry. Even HMRC have admitted they've underestimated the number of Landlords that will be affected, and that they have no idea how many Tenants will be affected. Separate estimations say that 4.6m Tenants will be affected by the changes.

From: Barryin Wilts 23 January 2017 19:46 PM

Barryin Wilts
What it fails to mention is that the currently Tory Government with its punitive taxing of the BLT sector is a far far bigger threat to stability. Of course, the BoE is always right, just look what happened in the last crash in 2008 did private Landlords flee the market ? errr No but just look what is happening due to George Osborne's insane Tenant Tax aka S.24 Finance Act 2015 is doing and it hasn't even started to bite yet!! Thi Government is a set of "own goal merchants"

From: Barryin Wilts 02 December 2016 10:10 AM

Barryin Wilts
Theresa May in her conference speech yesterday said her Government would fight injustice. Well here's her first test is she going to defend Sec.24 or do the right thing correct this injustice and repeal it?

From: Barryin Wilts 06 October 2016 06:23 AM

Barryin Wilts
Theresa May in her conference speech yesterday said her Government would fight injustice. Well here's her first test is she going to defend Sec.24 or do the right thing correct this injustice and repeal it?

From: Barryin Wilts 06 October 2016 06:23 AM

Barryin Wilts
In reality the Chancellors measures will make it harder fro FTB's as Landlords raise their rents, and prospective buyers currently renting have less money to save for a deposit.

From: Barryin Wilts 01 March 2016 11:37 AM

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