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To: George Osborne

stop mortgage tax relief for buy to let

stop mortgage tax relief for buy to let

End the tax relief for buy to let landlords on their mortgage payments. Ordinary buyers do not get it so why should they?

Why is this important?

It will put money in the Treasury's coffers as well as ending a deep unfairness

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Reasons for signing

  • Buy-to-let should not even be legally purchased by money created by a mortgage from private banks. Only from pre-existing money or from a publicly owned bank in a deal where the public bank buy & is the freeholder of the Land & charge ground rent out the total property rental value charged by the landlord(who buys the building in leasehold in that case) to the tenants.

Updates

2014-08-19 21:31:11 +0100

10 signatures reached