Buying House to Live in Whilst Working Away

Messyjess

Hello Everyone,

Just trying to get our heads around the proper way to do this.
We have our own mortgaged house already and I'd like to invest some inheritance into another property, my partner works away a lot and is fed up of checking into hotels so would love a little flat that is his own space.
Work have agreed (although need to work out the best way for them) to pay an equivalent amount spent on hotels however, if it isn't a "recieptable expense" as they wouldn't count a mortgage as a receipt by the sounds of it.
Our current idea is to AirBnB it - but I'm getting confused about the mortgage, as we would be buying it and he would be living there most weekends, but if we are renting it through Airbnb does that count as buy to let, even though we won't be making over £7,500 a year, or does that not apply... Getting my head in a spin!
Any help or advice greatly appreciated.

AnotherJoe

I can see a few problems. Not insurmountable but need consideration
-How would you manage the checkin/out, cleaning and so on for Airbnb ? Would it be in a location where he could let it on a mon-fri basis to a commuter?
-At present there will be no tax on his hotel expenses. But it seems unlikely to say the least that HMRC will allow him to expense staying in his own place. Check out what the tax treatment on per diem expenses is.
- why would he be in it most weekends if he is away in the week ? Is this not a place for weekday stays?
Afaik if you are under the £7500 limit there's no need to tell anyone and you don't need a BTL mortage
Don't forget the extra 3% SDLT