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Private Tenants Agreement - Help Please
Comments
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I think sandsni's warning is the major potential drawback. Evicting family friends is not easy (emotionally) but grandad might be backed into a corner if you defaulted on rent (through no fault of your own).
And yes, gf to be sole tenant, with you having a lodger's agreement with her is best way.
Granddad may need to check mortgage if he has one. Some BTL mortgage leders prohibit letting to family (precisely because of the above), but it may not apply to him or he may not have a mortgage.
He owns it mortgage free now so no problem there. Thanks for the reply.0 -
traineepensioner wrote: »Sounds like a good idea, as long as you're not claiming housing benefit. :-)
No neither of us do, that would be very naughty :mad:0 -
No neither of us do, that would be very naughty :mad:
I don't think that was the implication. If you were/are fully entitled to HB and currently claiming, you may find they would not pay out if you were renting from a family member.
Oh, and nobody is ever old enough to get married, yet too young to have heard of Jane Austen .... Get in her good books, and start renting the DVDs, even if you can't find it in your feminine side to read 'em. :rotfl:0
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