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Brit Sixteen Sixty Four

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It's not a Tenant Tax just a partial removal of tax relief which first time buyers don't get. The use of Tenant Tax is deeply flawed and is an attempt by highly leveraged landlords with risky business models to mislead the public. Most decent landlords have nothing to worry about just those debt junkies who continue to take all equity out of their properties to buy more and have no way to repay the debt. Sec 24 should eventually provide a more sustainable and healthy rental market.

From: Brit Sixteen Sixty Four 05 April 2017 12:08 PM

I actually blame buy to let buying up all the first time buyer stock and holding onto it clogging up the market and pushing prices up. Good job the government is removing half the tax relief to even up the field.

From: Brit Sixteen Sixty Four 03 April 2017 10:03 AM

Its not a tenant tax its a partial removal of tax relief for landlords which first time buyers don't get. Its good news for first time buyers, maybe we can own are own home with out landlords buying them all up and forcing us to pay high rents whilst mortgage rates are at record lows.

From: Brit Sixteen Sixty Four 15 March 2017 18:02 PM

Good, lets hope they get the rest not paying tax and fine them high.

From: Brit Sixteen Sixty Four 13 March 2017 15:57 PM

I'm sure there are more votes from first time buyers who see the partial removal of tax relief as a good thing. Housing is becoming the main election issue, any MP would be stupid to side with landlords of the majority and growing priced out generations.

From: Brit Sixteen Sixty Four 24 February 2017 10:46 AM

I wonder how much of the falling mortgage costs ever get past onto the tenants.

From: Brit Sixteen Sixty Four 19 December 2016 10:25 AM

Surely HMOs are an investment or as many landlords call them a business. Its logical that they should pay and not hide behind a falsehood of domestic waste. Maybe the landlords could simply lend their trailers to the renters perhaps to do?

From: Brit Sixteen Sixty Four 06 December 2016 12:12 PM

What punitive taxing, have I missed something? Do happen to mean the phased partial removal of tax relief that landlords get and first time buyers don't? Some landlords really protest too much, usually the over leveraged ones which the BOE see as a big risk. You would of thought with all hugely indebted landlords would of sorted themselves out with all the government and BOE bailouts the last 7 years instead they seemed to of increased their debt instead of paying it down.

From: Brit Sixteen Sixty Four 02 December 2016 14:07 PM

Sorry but the landlord tax changes are extremely popular. The conservatives know that there are more votes with the priced out generations than with the landlords and their present tax advantages.

From: Brit Sixteen Sixty Four 13 September 2016 01:29 AM

Hopefully the buy to let tax changes will stop landlords buying up all the properties and pricing out first time buyers due to their original tax advantages.

From: Brit Sixteen Sixty Four 30 August 2016 08:57 AM

Increase rents? Landlords have been given extra low mortgages since 2010, interest rates have been cut again this month. https://www.lettingagenttoday.co.uk/sign-in The problem is landlords are buying up all the residential property removing from resale and reducing supply pushing house prices up. George Osbourne was right to make the changes. Also it is right that landlords should pay some tax rather than avoid it with interest only mortgages. After all our public services are strapped at moment.

From: Brit Sixteen Sixty Four 18 August 2016 17:52 PM

Good news for first time buyer, personally I would of just banned interest only mortgages instead.

From: Brit Sixteen Sixty Four 21 July 2016 08:48 AM

Yes landlords may not like the changes but they are extremely popular with a country as a whole and especially first time buyers. Just think of the first time buyer perspective. Landlords targeting all the typical first time buyer properties, they have take advantages, more money. Then landlords are bailed out after the credit crunch with record low mortgage rates yet keep on putting up rents despite having lower costs. The priced out first time buyers then spend all their wages on rents and can't afford to save enough for a house deposit. I don't often agree with George Osbourne but he was right to curtail the unfair advantage of buy to let after the damage it is doing to society.

From: Brit Sixteen Sixty Four 15 July 2016 19:59 PM

There shouldn't be a problem. All these landlords should have repayment vehicles (cash ISA, shares etc)to pay down the interest only mortgage. If they haven't and are committing mortgage fraud then I have no sympathy for them and they should be thrown to the wolves. Banning interest only mortgages would stop this mass fraud.

From: Brit Sixteen Sixty Four 10 May 2016 16:42 PM

London has the worst rental returns in the country and looks like the bubble here will continue to deflate from the center outwards.

From: Brit Sixteen Sixty Four 13 January 2016 16:48 PM

Sorry it is about time buy to let landlords pay their fair share of tax. Their constant debt binge model is dangerous to the economy, if the tax means more sustainable landlords then this has to be a good thing. It will also mean cheaper properties for first time buyers.

From: Brit Sixteen Sixty Four 15 September 2015 21:31 PM

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