Lodgers or tenants?

bobbymotors

Hello all

Any assistance appreciated.

Due to a divorce / separation I will be buying my (ex) wife out.

Will need to remortgage (not a problem, have several mortgageable assets)

However in order to keep my house I will be renting out a portion of it, and get some stud partitioning put in etc. All good so far. I will live in the other part of the house.

No facilities will be shared, the renters will effectively have their own front door.

Will they be lodgers or tenants though?

thanks in advance

bob

TBagpuss

No shared facilities would mean they were tenants, and you will need your mortgage klender's consent to let, and would need to check whether you need planning permission to divide the proeprty and what fire and other regulations you need the work to comply with.

Not dviding the proeprty up, and taking in lodgers would be far simpler

theartfullodger

They will be common law tenants: You would still need a court order to evict them.
see..
http://england.shelter.org.uk/get_advice/downloads_and_tools/tenancy_checker

Has council said they will be happy (building regs, planning) with split into 2 dwellings? What is council's view on council tax both each property? What insurance cover will you have: Is your proposed lender happy with the arrangement.

Re

bobbymotors wrote: »

....... the renters will effectively have their own front door......

will they or will they not have their own front door. Sounds like saying someone is "effectively not pregnant"......

Ever been a landlord before?

CIS

If the partitioned property is self contained then the Valuation Office Agency with need to look at whether or not the property needs to be banded individually as a new dwelling. If the VOA determine it is a dwelling then the council will need to issue a separate demand notice for the property.

Craig

G_M

Just to add to the above, this is a mad idea for all sorts of reasons.

Re-think time.

* New landlords: advice, information & links

bobbymotors

Thank you everyone

Yes, the original plan was that they would have their own front door - but perhaps not now!

I won't be putting up any stud partitioning and think it best if we share the kitchen.

Yes I am a landlord already, perfectly aware of all regulations like boiler check, etc. Which is why I asked the question, in my own home, I need them to be lodgers and not tenants.

Thanks again

bris

Share a front door but give them their own living space. You can always put a door in with an internal lock to keep you separate.

bobbymotors

bris wrote: »

Share a front door but give them their own living space. You can always put a door in with an internal lock to keep you separate.

Would that make them lodgers then, if we shared only the hallway?

thanks

bob

johndhuk

Having an internal door between the two parts of the property sprung to mind as a grey area that potential gives you the best of both worlds.