TDS Question Resident Landlord

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  • smokie
    replied
    Thankyou Paul_f, for your advice, been using AST's for 11 years, you live and learn, off to read up on licence agreements
    Phil

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  • PaulF
    replied
    You are definitely a resident landlord - tenancy deposit scheme does not apply unless you use ASTs (inadvisable anyway as there are some shared facilities). Use a licence agreement for each occupant and you can take and hold a deposit without fear or favour.

    Leave a comment:


  • smokie
    replied
    Yes, Joannepowell, shared access plus all have access to the Washing machine, all have own kit/bathroom etc, does this mean I'm not a resident landlord, its very confusing as I've searched, even the links I have followed state its not clear cut
    Phil

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  • Joannepowell
    replied
    Originally posted by smokie View Post
    jeffrey, thanks for your reply, please could you expand more, I have converted bunaglow divided into 5 flats, I live in one, am I classed as a resident landlord and should not be using AST's ?, 3 flats (inc mine) have shared access, other 2 have separate independent access.

    If not AST what should I be using ?
    Phil

    Is each flat self-contained with it's own bathroom & kitchen? Is the only shared facility the access? If the answer to these two questions is yes, then you can use AST's.

    J

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  • smokie
    replied
    jeffrey, thanks for your reply, please could you expand more, I have converted bunaglow divided into 5 flats, I live in one, am I classed as a resident landlord and should not be using AST's ?, 3 flats (inc mine) have shared access, other 2 have separate independent access.

    If not AST what should I be using ?
    Phil

    Leave a comment:


  • jeffrey
    replied
    Originally posted by smokie View Post
    I have registered with the free DPS, my question is I'm sure I read somewhere one exception was resident landlords did I imagine it ? as I can find no reference anywhere now.

    Silly me forgot log in name and had to register again.
    Phil
    Resident L means not an AST so TDS n/a.

    Leave a comment:


  • smokie
    started a topic TDS Question Resident Landlord

    TDS Question Resident Landlord

    I have registered with the free DPS, my question is I'm sure I read somewhere one exception was resident landlords did I imagine it ? as I can find no reference anywhere now.

    Silly me forgot log in name and had to register again.
    Phil

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