Property Hawk the landlord's homepage since 2006
Free Tenancy Agreement FREE tenancy agreement
Free Landlord Software FREE landlord software
Home | Property Manager | Free ASTs | Landlord Forms | Mortgages | Insurance | Inventory | Magazine | Landlords Bible | Directory | Forum | Training | News / Blog |

Monday, May 21, 2012

Landlord sipps a political lead balloon

An influential select committee of MPs is urging the government to streamline pension and tax laws for landlords to stimulate investment in private rented housing.

The Communities and Local Government Select Committee are pushing for the inclusion of BTL property in self-invested personal pension schemes (SiPP).

Property Hawk got very excited about the prospect of this happening about five years ago until Gordon Brown made a last minute u-turn.

I'm not so sure it's going to happen for a while, not with a Tory government still reeling from the abolition of the 50 percent tax rate. Let's be honest the average voter does not want to see property landlords making further profits.

It strikes me this would be too much of a political lead balloon.

But we're still hoping. Maybe one day.

Bookmark and Share

No comments: