Tory Budget Squeeze: Why Small Landlords Are Feeling the Pinch
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- Опубликовано: 5 авг 2024
- Join us as we dissect the Conservative Party's latest budget and its profound consequences for small-scale landlords. We uncover the harsh realities facing property owners in the wake of these policies. Dive deep with us into the intricacies of the Tory agenda and how it's reshaping the landscape of rental housing. Whether you're a landlord or simply interested in socio-economic dynamics, this video provides invaluable insights into the challenges plaguing smaller landlords under the Conservative regime.
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They want their large corporate donor friends to benefit.
Wouldn’t put anything past them
Hunt and Sunac are doing their best to make sure that I won't vote tory ever again
Ruining all the important basic stuff, food, housing, energy and money.
Force out the small guys and let the corporates buy the assets.
That applies to all small businesses yet those same business owners always vote for more punishment. Just like the farmers.
They are trying to give their mates more properties.
I was telling my husband that today 😮 nobody believes me
Actually many Tory MPs are quite large landlords and they will be the ones hoovering up the leftovers.
give me some facts then ?
You Will own nothing.bur you will be happy.WEF sellout.
I think UK property market is the most stressful business in the world.
which is why i'm selling up.
Try Wales! Even worse!
I told you 2 years ago the plan was to favour large corporate landlords at the expanse of ‘small’ landlords - 2 years ago. It was obvious then !
The budget was and is just setting up the field for the next labour government , they are one and the same ..
They should be able to change laws like that. That will ruin peoples lively hood for no good reason.
WTF is going on in britain, cant claim mortgage interest which is insanity.
Mark my words. Labour will go after limited company landlords.
If that happens, time for smaller ltd LLs to give up too. Only mega corporate LLs will be supported.
Good.
You mean Labour? The party that set up reits?
Hopefully yeah, I might actually vote for them then
@@TC8787-yq7og moron! They came up with reits! You should be allowed to vote ffs
Thank you Rajan for being in our side
Labour will probably worse, but the whole lot of them make me sick.
Buy them cash no mortgage it works,if you have have mortgage, then you can't afford it ...simple
"you will own nothing and be happy". The deal with these law makers is like to play thimblerig with the trickster
You right....
5:00 I thought CGT was 10% for basic rate and 20% higher rate whilst residential CGT 18/28%
Thank you! This is very helpful information.
Oh Ranjan! I thought you would know the correct cgt on shares. 28% is for property, shares are 10 or 20% depending on your tax band.
Thank you for another great video😊
If you clamp down on Air BnB it will not increase the supply of rental but maybe increase sale supply. The small small accidental Landlords with one or two properties are getting out of the market.
Excellent as always.
Same is happening in the USA
They crush everyone but their own....
Quite convenient changes for Jeremy Hunt who owns 7 buy to let flats in Southampton?....
is that true ... i dont trust him .
Video on transferring FHL into corp structure would be great please.. I have x2 that do really well but this change has completely destroyed future growth plans and so now trying to piece together options and new plan or just sell up completely, put all money into ISAs where they will get nothing from me.
Make everyone poor because that will be good for... the economy? But when the Tories are doing this it doesn't exactly make you excited about what Labour are gonna follow it up with does it.
Let's see if Labour attack those using limited companies
Not as easy if they chsnge tax laws for ltd company btl then all ltd company would chsnge
We know they’re doing it to rig it for their mate
Thanks
Might be worth investing in shares of large corporate companies that are moving into the UK BTL or BTR market.
Shares also is risky. Seems all these new regulations are to make people's pocket empty. Even people have no control on their money and lives.
The shareholders get screwed over. After ridiculous operating expenses, big bonuses and pensions, dividends will be mediocre.
As soon as my tenants leave it’s getting sold. Can’t wait to get out.
Tories = bandits
Not just Tories. All the main parties are just one big fascist club, pretending to be different political parties.
Bandits and Pirates ☠️ 😂
kick hedge funds out of single family
You will own nothing and be happy, where did I hear that?
What about PRS Landlords renting to families and own the properties in their own name with BTL mortgage, does this apply to them? Or is it just the holiday let side that will be affected?
Karl Scwabh said this in his book "The 4th indudtrial revolution" with play on words " you own nothing and be happy " meaning also, but not exclusively, that you will not own but rent goods and services and be happy!! ( also included in meaning is what you own, will be taken away from you by various methods and means, and you will be happy !! 😢😢😮😮😊😊
It’s all about helping their corporate mates , I sold my 5 rentals 18 months ago as it really wasn’t worth the effort to keep them.
😢Interesting 🤔❤
If you think the Tories hate landlords, wait to see what labour has in store.
They’re probably going to be even worse.
MDR has still been scrapped for Ltd company landlords too though hasnt it?
Yes
Once woke labourers government comes into power it'll be illegal to charge rent all together. 🤣🤣
where is the protest??
Why buy in the uk? Better deals abroad.
Banks!
Is this just for holiday BTL or any BTL in general?
Holiday BTL I got from that
Well fairly obviously, the Tories are the party of large landlords. So making life harder for small landlords, so they can be squeezed out and forced to sell up to large landlords has been Tory party policy since the Tory party was created in the 1700's
If you have no mortgage, then what’s the problem?
Or low mortgage
Sweetener is making it 10 pct or free
Is it not better to hold up to £50,000 in personal name as it’s 20% tax. Then hold the rest in limited company for standard vanilla buy to let rental business.
its all WEF policy...you will own nothing and be happy
what is the reason of these changes? wanna hear not the fairytale answer - but the real reason...
lobbyists for hedge funds who will be buying up packages of properties in future are behind this
to not to allow people to live. Controlling peoples asset, income and keep everyone poor.
😮 fact ....
maybe to direct saving into UK stock?
Vote for Reform and get the Communists out!!
Only buy what you can afford, buy out right and all your problems are solved 🤷🏼♂️
What were the solutions than?
We know the problems….
Who’d have thought that Jeremy Corbyn actually won the 2019 election
🤣🤣🤣
Good
How can this be good? They’re moving land wealth and property to large corporations - foreign corporations, this will mean higher rents and service charges.
Why would any landlord vote Tory
I hate this govt and Labour even more 😤🙈😡😡😡🐷🐷🐷😡🐷😡🤷♂️🤷♂️🤷♂️🤷♂️
And you think Labour will be pro landlord? 🤦♂️. Labour will look at doing the same with limited companies. Mind you, the Airbnb racket needed closing as there are not enough rentals, certainly not in my City 😢
❤❤❤
What pension, anyone over 65 shud be able to own
Property tax free
Nice elections, you get to choose between Tori socialists and Labour socialists.
My heart bleeds those poor dentists and doctors making less profit on their second homes. Buy to let has ruined the aspirations of the younger generation of getting on the property ladder by small landlords outbidding 1st time buyers on what is the more affordable end of the market. The quicker taxation is increased on this sector the better to swing the pendulum back in favour of ownership rather than the private rented sector
Spot on chap.
Housing and rents are both going up and that is caused by the lack of housing being built. Don't blame the landlords, they are the supplier of rented accommodation. Blame the politicians that fail to promote the building of more homes.
@@Pete-cj4cg I’m not blaming the landlords. I’m specifically blaming politicians that have created policies that support profiteering from housing when others can’t manage to secure their first home. Landlords are just taking advantage of the situation. My point was the balance needs to change; less rented more ownership.
Why would you want the tax to go up it only enables government to squander more of your money?
Don’t be soft, it’s not the small time UK landlords you should be worried about it’s the damn international corporations you should be protesting, they’re buying up family homes at an alarming rate, they’re the major cause of rent and service charge increases thanks to their mates in government, so no the small time landlords aren’t the problem.
Marxist society
CRYING WOLF, RANJAN????? SOUNDS LIKE IT.🤷🏽♂️😊
Wah wah wah, poor little landlord hoarding property wanting to have his cake and eat it too.
Worked extremely hard all my life renovating properties with several jobs to make it work? I now have 3 properties I own outright. Started with nothing. Don’t tar every person with the same brush!
Let my find the worlds smallest violin.
I would urge all small landlords spoil their ballot papers. Declare none of the above are good enough for you!
Absolutely ridiculous by govt 😡😡😡😡😡😡😡😡😡😡😡😡😡🙈🙈🙈🙈😡😡😡😡😡😡😡😡😡😡😡