Presumably it's now in the interests of every LL to push up the rent of every rental as much as they possibly can. It sounds as though a tribunal will look at what other tenants are paying, regardless of it...
Thanks to everyone who responded, much appreciated. The responses were overwhelmingly negative about the idea and I appreciate why. Digging deeper, the risks and red tape are bigger than I'd anticipated, particularly relative to the likely gains. I'm also looking...
Reply to the comment left by DAMIEN RAFFERTY at 11/02/2025 - 13:27Thanks Damien, I share your concerns. Luckily my son's friend group are pretty decent and the two girls in particular are very sensible. The parents are also very supportive....
Jason, the plan is to go with the HMO. Part of the funding will be the tax free sum from my pension and I'll gift him a small amount and loan the rest (being an old codger IHT and pensions...
It's a good point regarding rent a room vs running as a business. I'm currently thinking that the annual rent will be around £15k for the 4 rooms he rents out, but excluding utilities, so electricity and oil/gas will be...
Thanks for all the comments, they're very useful. I'll add a bit more detail in response to some of the comments that have been made. We're looking at a property in Belfast close to Queen's University. It has to be...
25th November 2025, 5 months ago
Presumably it's now in the interests of every LL to push up the rent of every rental as much as they possibly can. It sounds as though a tribunal will look at what other tenants are paying, regardless of it...
Read More →18th November 2025, 5 months ago
Any thoughts on the impact on private student lets when the 2 month notice period comes into force? Any revised strategies in light of such changes?
Read More →13th February 2025, 1 year ago
Thanks to everyone who responded, much appreciated. The responses were overwhelmingly negative about the idea and I appreciate why. Digging deeper, the risks and red tape are bigger than I'd anticipated, particularly relative to the likely gains. I'm also looking...
Read More →Reply to comment left by DAMIEN RAFFERTY at 11/02/2025 - 13:27
Reply to the comment left by DAMIEN RAFFERTY at 11/02/2025 - 13:27Thanks Damien, I share your concerns. Luckily my son's friend group are pretty decent and the two girls in particular are very sensible. The parents are also very supportive....
Read More →Reply to comment left by Jason English at 11/02/2025 - 12:56
Jason, the plan is to go with the HMO. Part of the funding will be the tax free sum from my pension and I'll gift him a small amount and loan the rest (being an old codger IHT and pensions...
Read More →11th February 2025, 1 year ago
It's a good point regarding rent a room vs running as a business. I'm currently thinking that the annual rent will be around £15k for the 4 rooms he rents out, but excluding utilities, so electricity and oil/gas will be...
Read More →11th February 2025, 1 year ago
Thanks for all the comments, they're very useful. I'll add a bit more detail in response to some of the comments that have been made. We're looking at a property in Belfast close to Queen's University. It has to be...
Read More →