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Renting out my bungalow for a year

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  • Thanks @BookWorm.  I did look at that briefly, but thought I'd be lazy and ask.

    I have just had an email from the accommodation firm and someone will be in touch to see if my bungalow is a 'goer'.

    If I did go to NI and stay in my daughter's house for the year, could I go as a 'lodger' rather than a 'tenant'?
    £216 saved 24 October 2014
  • Bookworm105
    Bookworm105 Posts: 2,016 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 17 November 2024 at 2:14PM
    Thanks @BookWorm.  I did look at that briefly, but thought I'd be lazy and ask.

    I have just had an email from the accommodation firm and someone will be in touch to see if my bungalow is a 'goer'.

    If I did go to NI and stay in my daughter's house for the year, could I go as a 'lodger' rather than a 'tenant'?
    then please read it in full instead of asking people to write it all out for you again
    i will however pander to your laziness by pointing out a lodger has a landlord who is resident in the property at the same time, not overseas. HMRC would "love" your children to get their tax wrong if you pay rent to them and they claim tax free allowances they are not entitled to.
  • Skiddaw1
    Skiddaw1 Posts: 2,271 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    @youth_leader just wanted to say I think a year away from your bungalow is a splendid idea. I think you'd enjoy staying in NI. It's a lovely place- everyone will make you welcome I am certain- and who knows? Perhaps you'll end up relocating. House prices are generally low and there's some wonderful scenery. :)

    A break would do you the world of good....
  • youth_leader
    youth_leader Posts: 2,914 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 17 November 2024 at 2:50PM
    Thank you @BookWorm and @Skiddaw1

    I did enjoy my brief visit to Belfast to see my daughter recently.  I'll see what the accommodation company's young lady says when she comes round to assess. 

    I've also got in touch with the people I stored a lot of my possessions with when I had all the floors replaced.  I've remembered I still need to take the original carpet up in the back bedroomm, the back half of the floor is concrete.    The kids were only 20 and 22 when their Dad died, I have kept a lot of his possessions which they might decide to dispose of when they are older.

     
    £216 saved 24 October 2014
  • Thank you very much @GDB2222.  I will look at Shelter now.

    I am nervous of renting it out, my friend's place was badly damaged by her tenants, it's the luck of the draw isn't it.  
    During my years as a lettings agent there were literally thousands of tenants through our system.  How many trashed properties did we have?  None  :D.  How many tenants did we have that didn’t pay the rent?  One.  She was on housing benefit (this was before Universal Credit) and was giving it to her mother to pay off her debts (mothers debts).  Tenant was a lot miffed when we asked the council to pay us directly, she came into the office ranting and raving saying “it’s my money”.  

    She left soon after that 
    They won`t pay you directly nowadays though?
  • ThisIsWeird
    ThisIsWeird Posts: 7,935 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 17 November 2024 at 5:10PM
    Thanks @BookWorm.  I did look at that briefly, but thought I'd be lazy and ask.

    I have just had an email from the accommodation firm and someone will be in touch to see if my bungalow is a 'goer'.

    If I did go to NI and stay in my daughter's house for the year, could I go as a 'lodger' rather than a 'tenant'?
    How official does this actually need to be? 
    All I can see in my insurance policy, for example, is stuff like "will the property be left unattended for more than 30 days at a time...", to which the answer is obviously 'non'.
    What else changes? You are 'house-sitting', that's all.
  • They would need me to pay them rent @ThisIsWeird to pay their mortgage, as they'll be paying rent in Canada.  It would be nice to just house sit!
    £216 saved 24 October 2014
  • ThisIsWeird
    ThisIsWeird Posts: 7,935 Forumite
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    They would need me to pay them rent @ThisIsWeird to pay their mortgage, as they'll be paying rent in Canada.  It would be nice to just house sit!
    I wonder if that can be done unofficially without any dire consequences? 
  • Murphybear
    Murphybear Posts: 7,982 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Thank you very much @GDB2222.  I will look at Shelter now.

    I am nervous of renting it out, my friend's place was badly damaged by her tenants, it's the luck of the draw isn't it.  
    During my years as a lettings agent there were literally thousands of tenants through our system.  How many trashed properties did we have?  None  :D.  How many tenants did we have that didn’t pay the rent?  One.  She was on housing benefit (this was before Universal Credit) and was giving it to her mother to pay off her debts (mothers debts).  Tenant was a lot miffed when we asked the council to pay us directly, she came into the office ranting and raving saying “it’s my money”.  

    She left soon after that 
    They won`t pay you directly nowadays though?
    Not sure as the rules may have changed since I retired.  The landlord/agent could ask for the rent to be paid to them if the rent was in arrears by weeks.  
  • Grumpy_chap
    Grumpy_chap Posts: 18,273 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    They would need me to pay them rent @ThisIsWeird to pay their mortgage, as they'll be paying rent in Canada.  It would be nice to just house sit!
    If you are the tenant under a formal AST, and the LL is living abroad, then you will be responsible for the tax being deducted before rent is forwarded to the LL.  Non-Resident LL.

    https://www.gov.uk/guidance/paying-tax-on-rent-to-landlords-abroad


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