Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 3 weeks ago 48
The head lease on a 2-bedroom flat that I rent out says: ‘Not to use or suffer to be used the Demised Premises for any purpose whatsoever other than as a private residence for occupation by a single household . . . ‘ Due to problem with some lettings, particularly those involving students, the management company are saying that they will now enforce this clause, meaning that no flat can be occupied by two or more ‘friends’.
This makes letting a 2-bedroom flat in an area where the overseas student market is the primary one somewhat problematical because I could presumably let only to a couple (whether married or not) or to two people who are related.
What is the definition of a single household in relation to a lease?
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