The Tories have 'killed buy-to-let for the middle-classes'

[AtW]

Wonder how this will impact the small property developers? The 'Sarah Beeny' fans that buy a derelict/unmodernised property that no one wants, invests money to modernise it then sells it for a profit. If these people get caught too then we will be left with loads of empty homes that 1st time buyers do not want.

Sarah Beeny will be fine...

[PurpleGorilla]

The Tories have 'killed buy-to-let for the middle-classes'

Labour isn't in power. So tell me, why Tory Govt, which is in power, doing things that Labour would have allegedly be doing???

Do you really think that when Labour gets in (sooner or later) they would not do even worse??? The whole point of Tories is that they cut taxes which are put back up by Labour, but now we'll have situation where Tories jack up taxes and Labour will do even worse on top of this.

The government isn't in power, it is the banks.

Only legislation to limit banking powers will have any real impact.

The machine services the 0.1%



Remember how much corporation tax AstraZeneca pays in all of this... On their global profits of £3bn....

Zero.

Less than your Ltd Co. pays in Corporation Tax.

http://www.theguardian.com/business/...orporation-tax

We are all worker bees, and someone else is enjoying the honey.

[AtW]

The government isn't in power, it is the banks.

Yes, we know that. The point is that Tory Scum do things that I am sure even Labour would not have done - 50% tax is what they'd do, which is irrelevant to many people on here anyway, where as divi tax hike alone hits everybody, nevermind lots of other tulip coming to hard working contractors ...

[MarillionFan]

Famous last words

Jeremy Corbyn insists 'I'm not going anywhere' - BBC News

He'll never make Xmas

[vetran]

Politics of envy, all the renters complaining and hating people who tried to make a few quid for their retirement. I look forward to the day you are kicked out of your rented accommodation because the company now owns your flat based in a tax haven wants to up the rent in a scarce market.

Gobble Gobble we love XMAS..

[MarillionFan]

Politics of envy, all the renters complaining and hating people who tried to make a few quid for their retirement. I look forward to the day you are kicked out of your rented accommodation because the company now owns your flat based in a tax haven wants to up the rent in a scarce market.

Gobble Gobble we love XMAS..

Whs

What amazes me though is how many poor feckless renting contractors on here now.

When I started posting in the late 90s on CUK everyone was loaded and looking to buy loads of property. How iMessage are changed.

[downsouth]

well if the tories have killed off BTL then good I say.

BTL has inflated house prices and made it even more difficult for our children to buy an affordable house.

Hope the BTLers get stung to death myself.

and just how has BTL inflated prices??? if anything its allowed lots of people the ability to live in a property they probably cannot afford to mortgage themselves even if the rent is the same as the mortgage

If the BTL numbers dont stack up then it wont be bought on BTL, so that aint the fault of the BTL owners is it.

[Lockhouse]

I'm just coming up to retirement (2-3 years) and this has just stuffed all my plans. I knew BTL was going to take a kicking and it has but ffs, it's the uncertainty in the market that's going to kick in now until 2020 that's done for me. First it was pensions, then it was interest rates, now it's BTL. It's like every ladder I've ever had out of the earning quagmire has been pulled out from under me as soon as I get my foot on the first rung.

[PurpleGorilla]

The Tories have 'killed buy-to-let for the middle-classes'

Politics of envy, all the renters complaining and hating people who tried to make a few quid for their retirement. I look forward to the day you are kicked out of your rented accommodation because the company now owns your flat based in a tax haven wants to up the rent in a scarce market.

Gobble Gobble we love XMAS..

Envy?

How dare young people dream about home ownership. Selfish ipad generation.

They must work three zero hours contracts to pay off the debts of their parents.

Christ almighty, green fees aren't cheap you know?"!

[PurpleGorilla]

I'm just coming up to retirement (2-3 years) and this has just stuffed all my plans. I knew BTL was going to take a kicking and it has but ffs, it's the uncertainty in the market that's going to kick in now until 2020 that's done for me. First it was pensions, then it was interest rates, now it's BTL. It's like every ladder I've ever had out of the earning quagmire has been pulled out from under me as soon as I get my foot on the first rung.

Invest in gold.

HTH