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Letting my property for 6 months??
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Not at all, clarification is what was needed as half a dozen people each had a different description of what each exemption was for.Gosh it seems we are all being picked up this afternoon for the choice of phrases we use to describe something...I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
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That's another idea I could consider... thanks
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Seems the answer would be to ask my council and clarify. Maybe different councils have different rules too maybe.0
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Currently exemptions are a national scheme for which council's have no discretion but this is changing from April 2013.Seems the answer would be to ask my council and clarify. Maybe different councils have different rules too maybe.
There will changes to both the Class A and Class C exemptions.I have also heard a rumour that some councils are considering abolishing the exemption for unfurnished and uninhabited properties from April next year!
Class A exemptions are being abolished and the Class C exemption amended to become a discount which will significantly decrease the maximum amount of reduction given.I haven't seen the draft regulations yet to see exactly what the wording is but its going to give council's a lot of discretions.I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
outofmoney wrote: »I'm not sure of all the legal side but could you possibly rent it out on a weekly basis for holidays?
No, don't even attempt to go there either!
Higher H&S requirements, doubt mortgage would agree, higher insurance requirements, much higher chance of damage and loss to the property and Council Tax would have to change to a business rate.
Costs for changeovers, cleaning, repairs etc would go through the roof. Holiday letting agencies charge much higher commission that letting agents do. Granted, you would be able to charge more rent, but if you are not in the country to manage the property yourself, be nearby to sort out the TV not working at 10pm on a Sunday night, or replace the broken microwave between bookings on the Saturday lunchtime, don't go there!
I doubt other occupants of the neighbouring flats would like a different "Tom, !!!!!! or Harry" arriving every week, living it up in holiday mode, coming and going at all hours, etc either! And that is even assuming your lease would allow holiday use - many (like mine) don't.
You think residential letting is difficult to get your head around, don't even start contemplating holiday lets!0 -
Gosh it seems we are all being picked up this afternoon for the choice of phrases we use to describe something...
It's better we are IMO: it might seem pedantic but it's absolutely not if it saves a reader making a massive mistake and ending up being accused of tax evasion or illegally evicting their tenant. :eek: Some words have slightly different meanings for lender/ council/ HMRC/ layman, it can be a minefield so I'm all for a bit of healthy debate.Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0
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