http://saynotogeorge.co.uk

brit1234

Property 118 landlords protest website

The property 118 landlords have gone stir crazy with their latest cry baby campaign. Unhappy with the changes where they will have to pay tax and have a balanced chance with first time buyers they have set up say no to george website.

http://saynotogeorge.co.uk

They warn first time buyers and home owners to sign their petition for the following reasons:

If you’re a First Time Buyer …

You may see the proposed change as an opportunity, because you think it will cause house prices to drop. That may happen, but most likely not.

If you’re a Home Owner …

However as the full impact of the change hits home it could lead to Landlords selling lots of properties and therefore having a negative impact on house prices.


If prices fall enough it could lead to a lot of homeowners being trapped in that dreaded situation of negative equity and no way out.

So house prices wont fall for first time buyers but will fall for home owners. Confused, well not as confused as the desperate 118 landlords spouting this contradictory rubbish.

What's your views, Can prices fall for owner occupiers but not first time buyers?:rotfl:

Mistermeaner

I'm sure this will go unnoticed by the vast majority of people

Thrugelmir

Mistermeaner wrote: »

I'm sure this will go unnoticed by the vast majority of people

I'm sure it will generate a lot of negative response.

Generali

It is pretty mental and self contradictory, full of whatiffery.

If my Uncle had wheels he'd be a bicycle.

mayonnaise

brit1234 wrote: »

What's your views, Can prices fall for owner occupiers but not first time buyers?:rotfl:

I have no views, but signed the petition anyway.
Just to be on the safe side.

Thrugelmir

mayonnaise wrote: »

I have no views, but signed the petition anyway.
Just to be on the safe side.

Have you joined the Labour party to vote as well?

ruggedtoast

There is an old Slovakian proverb:

When the landlord is squealing then the larder shall be full.

When the landlord is smiling then the duck shall have the long neck.

It may have lost something in translation but you get the idea.

patman99

Might explain why the 2 people who own a number of properties (including 3 in the development where I live) are not renewing their tenents agreements at the end of the term and are instead, serving them notices to quit before they sell the properties.

markharding557

I really don't have sympathy!
They have had an unfair advantage over residential buyers for too long with this tax relief.

Thrugelmir

markharding557 wrote: »

I really don't have sympathy!
They have had an unfair advantage over residential buyers for too long with this tax relief.

Many owners of BTL's don't even realise that MIRAS even existed.

BobQ

Thrugelmir wrote: »

Many owners of BTL's don't even realise that MIRAS even existed.

Many owner occupiers probably do not know about MIRAS either, it was 15 years ago that it ended.