House share questions

[Guitargirl 10]

Hi

 

I am currently having my house split into two. The idea is that in years to come, I would to have a ground floor flat available for my elderly mum should she need it. In the meantime, I am wanting to glean some of the money back that I have spent. The house has a porch with one door on the front and then inside, 2 separate doors, one leading to a downstairs one bedroom flat with disability access etc. The second door leads upstairs where I will live with my husband.

 

My initial plan had been to rent out the downstairs giving it its own postal address. However, on reflection, I think it will make better economical sense to offer this out on a house share basis, where the tenants can live completely independent from us in a fully furnished flat and the bills split between us.

 

Can anyone offer any thoughts, advice that I ought to be given consideration to regards renting versus house sharing.

 

Thank you

 

GG

[PPC_Appeals 10]

Have you got planning permission for this?

[Guitargirl 10]

Of course. All above board.

 

Have you got planning permission for this?

[Jeffrey Shaw 90]

I'd recommend asking your solicitor to draw-up watertight documentation. Don't DiY!

[aliceBB 10]

If the occupants of the gorund floor are living independently from you and your husband (i.e., they have their own kitchen and bathroom as well as living space), then I think they cannot be your lodgers; they will, de facto, be your tenants.

 

As such I cannot see any advantage to calling it a house share as opposed to a an Assured Shorthold Tenancy.

 

I may be wrong!

[Jeffrey Shaw 90]

Certainly, what you label it is unlikely to carry much weight legally.