Saturday, September 16, 2006

Everybody Wins!

Funding university life by buying a student flat means everybody wins

The Scotsman tells us that parents can use BTL to "potentially fund their child's university education on tax savings alone."

Posted by scunnered @ 07:58 PM (2954 views)
Please complete the required fields.

2 thoughts on “Everybody Wins!

  • Or ‘How to land your offspring with a load more debt as they leave university, having suffered three years of being their mates’ landlord…’ Yeah, great!

    Please complete the required fields.

  • I know someone who is doing this just north of London. 19 year old student renting it out to her ‘mates’. You know where they got their inspiration from don’t you? – Look no further than ‘Supermum’.

    If there isn’t an HPC, all these landlords will see their margins shrink to lower returns than other investments. What do you think they’ll do? – create a union/cartel and fix rental prices?

    I think we are seeing a new bourgeoisie; two bit donkeys who think they’ve got a right to make money simple on the back of a very simple business plan without any understanding of risk or social responsibility.

    Call me a socialist, but once FTBs and young renters make up a large chunk of the voting population I think one of the major parties should start to start talking taxing the hell out of second and BTL properties (forcing people to invest in proper businesses – where real money is made), perhaps cutting inheritance tax and stamp duty as a sweetener.

    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>