Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
I am considering buying a property with a regulated tenancy. It is occupied by one person who is getting on in age. As I understand it once the tenant is no longer living there, either by going into residential care or moving or passing away, the property becomes mine to do with as I wish. Is there anyway that some one not presently living there can claim to take over the tenancy, such as a relative or friend who moves in to care for the elderly person or just another family member.
Also if I purchase the property in the name of one of my children does this create problems with HMRC?
Many thanks Peter
Thanks for your email Peter which I have published as requested. I did a Google search on the word regulated tenancy and found a PDF explanation document produced by “Communities and Local Government which you may find useful – see >>> http://www.communities.gov.uk/documents/housing/pdf/138295.pdf
My advice is:-
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