PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Air B n B

Options
[Deleted User]
[Deleted User] Posts: 0 Newbie
First Post
edited 13 July 2020 at 4:09PM in House buying, renting & selling
Hi I am thinking of using Air B n B to rent out my house.  I will still be staying there during the week and just renting it out mainly at weekends. 
«1

Comments

  • Comms69
    Comms69 Posts: 14,229 Forumite
    10,000 Posts Third Anniversary Name Dropper
    Well they'd see it on Air b n b presumebly?
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Alpaca21 said:
    how would my mortgage company know if I have Air B n B'd it?
    The same way everyone else would, surely?
  • theartfullodger
    theartfullodger Posts: 15,693 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Alpaca21 said:
    Hi I am thinking of using Air B n B to rent out my house.  I will still be staying there during the week and just renting it out mainly at weekends.  I have rung my mortgage company and they said I would have to change to a buy to let mortgage that they don't offer, so this would mean changing lender.  My mortgage is only £16k and i have a great rate of 0.85%.  Does anyone know a way I would be able to keep this rate as I dont want to lose it as we would like to portal this rate to our next mortgage.
    Also, on dodgy ground here, but how would my mortgage company know if I have Air B n B'd it? 
    Am wondering if it is all going to be too much hassle.  Would be great to hear from other people who have rented out their properties.

    Asking for a friend.....   So you want to know how you can act fraudulently with your mortgage company: Fine, OK.

    How would you feel if a tenant under AirbNb decided to apply to rent the place but planned to fraudulently break AirBnB's conditions & yours and e.g. run a Brothel, cannabis farm or live there permanently so you'd be unable to evict as they'd have an AST and you'd not got paperwork for a valid s21.



  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    First Post
    OMG came on here for friendly help! Never again !
  • Comms69
    Comms69 Posts: 14,229 Forumite
    10,000 Posts Third Anniversary Name Dropper
    Alpaca21 said:
    OMG came on here for friendly help! Never again !
    Who was unfriendly? 
  • k3lvc
    k3lvc Posts: 4,174 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Alpaca21 said:
    OMG came on here for friendly help! Never again !
    No - you came here to find/justify ways to act fraudulently - you may get told how to but you'll also be advised not to and the risks to go with it 
  • gwynlas
    gwynlas Posts: 2,238 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You do know that it would have to be set up as furnished rental, immaculately clean and with all personal belongings locked away as well as liability insurance?
    Is it in an area where you could expect a good rate of bookings? Would you be available to deal with any emergencies.
    At the end of the day why not just have a short term lodger either all week or Mon-Fri and know how much extra income you are getting?
  • MovingForwards
    MovingForwards Posts: 17,149 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    Just get a lodger, potentially a lot less agro.
    Mortgage started 2020, aiming to clear 31/12/2029.
  • blue_max_3
    blue_max_3 Posts: 1,194 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Do AirBnB still exist?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    blue_max_3 said:
    Do AirBnB still exist?
    Yes, many will go bust this year and next though IMO, or flood the normal lettings market forcing down rents, which I suppose is a silver lining, just not for the AirBnB`er.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture