Holiday lettings- form of Agreement?

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  • Holiday lettings- form of Agreement?

    Could one (or more) of you pro’s guide me in the right direction.
    I intend to buy an apartment beside the coast to use mainly at weekends.
    I would like to offer it either on a Mon – Fri basis to an agency or just allow friends and family to use it o the odd occasion.
    I realise that as I intend using it myself that I cannot get any of the tax perks. I am not looking to make a profit but just gain a little income to help with the rates and ground rent etc.
    Apart from finding out from the freeholder whether this is allowed, what else should I be aware of – pitfalls the lot.
    Or would it just be easier to only allow a few people an occasional use, say the odd week and weekend for a token rent. Would that still pose problems.
    Please give me some advice / help, even if to say steer clear of letting occasionally because of know problems.
    Thank you.

  • #2
    See http://www.landlordzone.co.uk/forums...ad.php?t=26387, considering this very point.
    JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
    1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
    2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
    3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
    4. *- Contact info: click on my name (blue-highlight link).

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    • #3
      Holiday Let Legalities

      I hope someone can help!

      I am leaving my property vacant for one month and am considering letting it as a holiday let for this period. I am then going to let it long term when i leave the are later this year. I am wondering what legalities i have to consider - do normal letting terms apply - EPC etc;

      Comment


      • #4
        What is your status?
        1. Do you own a house or a flat?
        2. Is it freehold or leasehold?
        3. Is it mortgaged or unmortgaged?
        Or are you yourself merely a Housing Act 1988 tenant?
        JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
        1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
        2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
        3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
        4. *- Contact info: click on my name (blue-highlight link).

        Comment


        • #5
          Hi there, i own the house and it is freehold, and yes it is mortgaged (unfortunately!) Hope this helps! I am wondering what sort of agreement i can use also - what sort of deposit do i take etc;

          Comment


          • #6
            For a month? It is not worth getting to grips with all the legalities, setting out terms and conditions, creating all the documentation etc. Take it from someone who runs a holiday let, it is not that simple to get it right....
            Unshackled by the chains of idle vanity, A modest manatee, that's me

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            • #7
              Oh dear........!

              Is there a site where i can look into it more? Just so as i can gather all the information before i write the idea off completely?

              Comment


              • #8
                Originally posted by JessicaJames View Post
                Is there a site where i can look into it more? Just so as i can gather all the information before i write the idea off completely?
                The only way forward would be for you to apply to the mortgagee for consent and pay its inordinate fees for the privilege. Then you'll realise why you've been advised not to sublet! It's too much hassle and expense for a mere month. Instead, why not consider seeking house-sitters in your area?
                JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
                1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
                2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
                3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
                4. *- Contact info: click on my name (blue-highlight link).

                Comment


                • #9
                  its really that bad?! What if i were to let it as a holiday let longer term? Can i get any info from a site etc?

                  Comment


                  • #10
                    Originally posted by JessicaJames View Post
                    its really that bad?! What if i were to let it as a holiday let longer term? Can i get any info from a site etc?
                    Er, this website has given you advice. Take it or leave it.
                    JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
                    1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
                    2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
                    3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
                    4. *- Contact info: click on my name (blue-highlight link).

                    Comment


                    • #11
                      I mean to look into what would be expected of me and what laws are around this - believe me once i chuck this at the other half he wont be so keen! Basically i am just looking at what requirements i would need to meet should i wish to do a holiday let

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                      • #12
                        What's expected of you is to comply with your obligations. The mortgage involves a contract. You need mortgagee's consent. That's where to start.
                        JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
                        1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
                        2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
                        3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
                        4. *- Contact info: click on my name (blue-highlight link).

                        Comment


                        • #13
                          Brilliant - im sure they will charge me a fantastic fee for not a lot if i choose to proceed.

                          I presume i am then responsible for everything as though it was a normal let - EOC, Gas Cert etc; and the use of a holiday booking form! Is there a maximum length i can use a booking form for?

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                          • #14
                            Have you looked at the information provided on this forum as a start. Link below.

                            http://www.landlordzone.co.uk/holiday_lets.htm

                            Comment


                            • #15
                              Thanks ever so much!

                              Comment

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