City landlords count cost of a Tory election victory

[...]they had something to cheer about as the Tories were always considered to be a political party of the businessman and one that accepted the importance of the rental market, supporting its development while properly targeting the lawbreaker landlords, renting out below-standard rental accommodat...

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Bibliographic Details
Published inLeicester mercury
Main Author Johal, Kam
Format Newspaper Article
LanguageEnglish
Published Leicester (UK) MGN Ltd 13.02.2016
Subjects
Capital gains
Property values
Tax rates
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Summary:[...]they had something to cheer about as the Tories were always considered to be a political party of the businessman and one that accepted the importance of the rental market, supporting its development while properly targeting the lawbreaker landlords, renting out below-standard rental accommodation. Since that victory in May though, George Osborne and the whole party seems to have turned on the very people that would have counted on a Conservative government to support them by announcing future rises in stamp duty for buyto-let landlords, and a change in the interest relief on buyto- let mortgages.