Tory peer slates his party's attack on buy to let investors

[caption id="attachment_14268" align="alignleft" width="190"] Lord Flight


Lord Flight, the Tory peer has urged his party to re-think their 'sudden attack' on buy to let investors.

He warned it could trigger a sharp drop in house prices and destabilise the market, which could potentially lead to a crash.

Lord Flight, a former Conservative Shadow Chief Secretary to the Treasury is the first prominent politician to openly criticise the government's surprise attack on private investors.

Many private landlords have pledged to fight the tax changes through a judicial review. Unfortunately, George Osborne has gained Royal Assent for a new tax on landlords and property investors from 2017.

You can read the full article in The Telegraph here. 

If you haven't already, you can still sign the petition against these tax changes. As of today, there are 50,094 signatures. We need to get it to 100,000, then it will be considered for debate.

The link for the petition is here. 

 

 
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