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  • Property-a-holics

    Jeremy Corbyn's impact on BTL?

    With the Conservatives intent on self destructing, the possibility of Corbyn being given the keys to No 10 feels an ever increasing possibility.

    We all know he will target Landlords - I would be interested to know your thoughts on what you think may lie ahead should there be a change in government?

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    Thanks Vanessa - I've just read through the comments on the first link and that was enough reading for one day - I now plan to lie down for the remainder of the morning as my head feels somewhat dizzy.

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    I'm not convinced that he will target all landlords.

    As a lodger/resident landlord I anticipate very little change, if any.

    As a commercial/STL landlord I anticipate a rise in business rates and/or council tax, but little more.

    As for leveraged residential landlords... I wouldn't like to even hazard a guess.

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    A good teacher must know the rules; a good pupil, the exceptions.

    Martin H. Fischer


    Dont be silly! If previous efforts at Socialism has taught us anything, the chances are we'd die from starvation before then.

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    _________________________________________________________________________


    My posts are not financial advice, just a rambling guy passing time on a coffee break.
    The team at Bespoke Finance offers advice, including Limited Company Buy-to-Let , HMO Conversion and Cheap Life Insurance.

    _________________________________________________________________________

    Jeremy Corbyn sounds much scarier than Brexit. If he comes to power then I’m selling!!!

    The two together sounds like Armageddon, I’ll move as well, probably together with another 10 million people ?.

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    You'd only sell if you were able to sell.  The pound would become worthless and the financial services sector would collapse.  Who would be willing and able to buy your properties?

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    Great news , hopefully Jeremy will stop the scurge of buy to let's so normal people can buy and rent at a reasonable price! Good riddance!

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    Bad news, Roger, landlords are normal people too.

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