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  • FIRST POST
    • Keen_Investor
    • By Keen_Investor 13th Mar 18, 2:26 PM
    • 10Posts
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    Keen_Investor
    Can I rent a house to a friend on benefits?
    • #1
    • 13th Mar 18, 2:26 PM
    Can I rent a house to a friend on benefits? 13th Mar 18 at 2:26 PM
    As the title says. I have a friend on Benefits, his housing benefit is paid for.. he's on Personal Independence Payment, I won't go into the details why that's his business.

    He's in no way related to me. I'm considering buying a flat in cash and renting it to him for the going rate. It appeals to me as I've known him for 20 years and trust him. Albeit I would still keep it completely legal with tenancy agreement etc.

    Just wondered if there were any laws/rules preventing this.
Page 2
    • Crashy Time
    • By Crashy Time 14th Mar 18, 2:35 PM
    • 6,061 Posts
    • 2,345 Thanks
    Crashy Time
    You probably can rent it to him, but it's a bad idea to rent to a friend.
    Originally posted by bobbymotors

    Especially one with benefits.....
    • Brynsam
    • By Brynsam 17th Mar 18, 4:13 PM
    • 922 Posts
    • 604 Thanks
    Brynsam
    Looking at your other posts you lost your job just over a month ago....so does it really seem a great idea to tie up your capital (or some of it) buying a place to rent to someone on benefits, given the wayward and arbitrary way the UK benefit system wobbles around?
    • Peterjones2018
    • By Peterjones2018 17th Mar 18, 4:32 PM
    • 20 Posts
    • 1 Thanks
    Peterjones2018
    Very good points about not mixing friendship with money matters.

    However, just to offer the other side: at least you would know who you're dealing with and hopefully the chances of your property being turned into a cannabis farm are reduced.

    I've seen it work both ways with friendship and business.
    There is no right answer.

    Well, apart from the fact that you'd be LETTING the property to your friend. He would be RENTING it from you.
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