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Private residence - can you short let?
I have a long leasehold flat with a clause that it must be used as a private residence. Does this allow me to short let? The freeholder thinks it does not. I only rent it out to whole families and not sharers or as rooms. Any advice please? -
Marriage, transfer to joint ownership Income Tax and CGT implications
In 2010, I married my wife and moved in to her flat with her - which she has owned since autumn 1999.
We lived there until early 2012, when we purchased a new home. To expedite the sale, we retained the flat and prepared it for letting. From April 2012 we have had tenants in the flat.... -
Private Residence in Single Occupation Only + Lodgers?
Hi All,
I'm in the process of buying my first property, a leasehold flat in a purpose-built block of 30 or so. I was surprised to find how proscriptive a lease can be! Most of the terms (eg no dog, for some reason the freeholder having the right to pass judgement on the suitability of...