Right to buy tenant plan to cost LLs £50 Billion

Sailtheworld

MobileSaver wrote: »

We should extend the existing Right To Rent laws (which currently cover immigration status) to dissuade private LLs from renting to anyone with a CPN/CBO/ASBO at the risk of a £3,000 or more fine if they're caught. (Effectively a blacklist so that even lowlifes with money are left with little choice than living in the ghettos.)

This is starting to come together. I'm sure Thrug is now on board.

Just need to sort out single mothers, absent fathers and people who didn't work as hard as Cakeguts at school and the Tory vote will be secured.

The-Joker

MobileSaver wrote: »

On the contrary, HMRC see LLs very much as running a business and a profitable one at that which is why s24 ensures that the treasury gets what it considers its fair share of that profit in tax.



I would be very surprised too which is why I think forced sales will never happen.

Forced sales are in the interest of cash strapped governments

MobileSaver

The-Joker wrote: »

Forced sales are in the interest of cash strapped governments

Not if they want to keep governing they're not...

...particularly when in this particular scenario it would be the government having to fund the tenant's discount!

DannyGold

MobileSaver wrote: »

Not if they want to keep governing they're not...

...particularly when in this particular scenario it would be the government having to fund the tenant's discount!

NO the government would not fund the tenant discount

The previous LL would lose out

SpiderLegs

DannyGold wrote: »

NO the government would not fund the tenant discount

The previous LL would lose out

You actually think this country is going to pass a law that specifically forces private individuals into thousands of pounds of debt?

Cakeguts

Thrugelmir wrote: »

Lowlifes with money would remain unaffected.

The thing about lowlifes with money is that the neighbours can move house. Council tenants can't they are stuck.

MobileSaver

DannyGold wrote: »

NO the government would not fund the tenant discount ... The previous LL would lose out

Comrade Corbyn disagrees with you as he stated the government would make up the shortfall...

phillw

DannyGold wrote: »

NO the government would not fund the tenant discount

They said they would the last time they mentioned the proposal in any detail.

I think a watered down, tenants get first refusal at market value minus the capital gains tax after a certain number of years, might not be a bad proposal. Tories like low taxation, it should be a hit.

Essentially back dating the taxation as if you had bought the property at the time you started renting.

SpiderLegs

phillw wrote: »

They said they would the last time they mentioned the proposal in any detail.

I think a watered down, tenants get first refusal at market value minus the capital gains tax after a certain number of years, might not be a bad proposal. Tories like low taxation, it should be a hit.

Essentially back dating the taxation as if you had bought the property at the time you started renting.

So a scheme where tenant A’s more expensive property gets £0 discount and tenant B’s cheaper one gets £10,000 is the way to go?

Cakeguts

SpiderLegs wrote: »

So a scheme where tenant A’s more expensive property gets £0 discount and tenant B’s cheaper one gets £10,000 is the way to go?

According to the orginal silly idea it was linked to badly maintained property so I am assuming that tenants will only get a right to buy badly maintained property and well maintained will not be included? Some people need to think before they make stupid public statements. Who voted for him? He must be a nightmare as an MP. Probably like my labour MP.