Landlords’ Barometer – #23: Tax changes could lead to exodus

Welcome to “Landlords’ Barometer #23”, bringing you a round of trending topics for landlords and property professionals.

Those pesky tax changes are still causing massive concern within the landlord community, with all forums featuring multiple discussions on this thorny topic.

1. 20% of landlords to quit following tax changes

A recent poll of 2,000 landlords suggested that 20% of them want to quit, following the Summer Budget 2015 tax changes.

We have now started a poll for Property Tribes members and from 217 votes cast*, only 12% of our landlords are thinking of exiting. 44% say that they are going to keep calm and carry on!
* at the time of writing.

2. Diary of a high end London property development

London developer Nicole Bremner has chosen Property Tribes to document her latest project, from start to finish – warts and all! She has already shared floor plans, budgets, and how she intends to finance the project, which should achieve over £500k gross profit on completion. Lots to be learned from this up-dating “as it happens” documentary thread!

3. Video diary – A day in the life of a lettings agent

Dorian Gonsalves, director of Belvoir, is one of our contributors as Belvoir Franchising sponsor our Entrepreneurial Tribe discussions, where landlords discuss other property-related income streams and developing an entrepreneurial mindset.

Dorian has shared a new Video Diary – “A Day in the life of Belvoir Leamington Spa” – which features the rockin’ husband and wife duo, John and Sue Warburton.

4. Checklist for property inspections

A great addition to Property Tribes by Jason Harris-Cohen of Open Property Group who shares his checklist of things to look out for when inspecting a property for purchase.

5. The London Rental Standard – #rentbetter

The Mayor of London has re-ignited the LRS campaign with a new tranche of activity to reach out to landlords. Watch a reprise of my interview with Richard Blakeway, Deputy Mayor of London and find out more about the educational video tools for landlords that you can share to help promote the initiative.

6. Some dates of interest:
I am speaking at a number of events around the UK including hosting the prestigious Future Property Tech event in London on October 14.

You can find out further details by clicking on this link as well as getting 10% discount off your tickets.

The Autumn Property Investor Show, the largest and most comprehensive exhibition of UK & International residential property (and services) presented in Europe each year returns to ExCeL London for its ‘Autumn edition’ on October 9 & 10.

You can register for your FREE tickets to the event by visiting the show website

The NALS Annual Lettings Conference is taking place at the Mermaid Theatre in London on November 12 with a wide array of top-class speakers to help agents find business in these challenging market conditions. The event is to be hosted by Kate Faulkner and is an opportunity to work “on” your business, not “in” it!

Find our more at the Conference Microsite

Thanks for reading my column and I hope to welcome you to PropertyTribes.com very soon!

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