Can I Rent Out My Home? We explain the risks and what to watch out for that you may not have thought of such as mortgages, insurance, business rates and safety tests.
If you own your home outright and wish to rent out for short term business breaks or holidays lets
Check your lease restrictions if you own a flat or a leasehold house
If Freehold - should be no problem
Check Local Authority rules and restrictions
Obtain Gas and Electrical safety certificates
Check Council Tax v Business rates
If you also have a mortgage on the property:
Is it a 'standard' residential mortgage or buy to let mortgage? You will likely have mortgage restrictions in th terms and conitions meaning that you cannot short term business let/holiday let but know that there are some Holiday Let Mortgages available on the market - take professional advice from us.
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