We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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.
📨 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!
Shared Ownership - taking in lodger immediately?
Comments
-
Regardless of whether they let you have a lodger or not - I thought you have to pass the affordability criteria where the rent / mortgage / service charge are no more than 45% of your income? If you pass that test, surely you don't *need* a lodger? I suppose this depends what your definition of a 'suitable' lifestyle in London is though...
Personally I wouldn't risk it for the first few months. Live frugally, enjoy your lovely new flat by yourself, then resume socialising when they allow you to get a lodger in.1 -
It’s a bit like renting a place and taking in lodgers0
-
A fine, are you having a laugh, what on Earth makes you think the HA can fine you. In the unlikely event they come round don’t let them in, tell them you’ve company and she needs your undivided attention. They can’t force there way in and do you really think they are going to go to the trouble of mounting an investigation into if you have a lodger or not.f1_Fan said:
hmm, this would be risky, no? I mean at the risk of eviction or a fine. The HA may visit during these periods as I'm in probation..rik111 said:Why even tell them ? How are they even going to find out and what do you think they are going to do, sit you on the naughty step ?0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 245.9K Work, Benefits & Business
- 602K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards