Granny in the Annex
2:30 PM, 29th April 2014, 12 years ago
11
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Dear Readers,
I am looking to convert my double detached garage into a annex for the purpose of renting for approx £600 PCM, the cost for conversion would be approx £20,000 which I am looking to pay for with savings.
I have a mortgage of approx £100,000 on the main residence. My question is would my best option be to rent the Annex under the rent a room scheme or would I be able to rent the annex & claim back any tax due against the interest which is paid on the mortgage for the main residence?
Thanks Stephanie
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I would like External Wall Insulation for my tenants
Member Since December 2013 - Comments: 86
6:55 AM, 2nd May 2014, About 12 years ago
Reply to the comment left by “MdeB ” at “30/04/2014 – 19:31“:
And full planning consent, separate utilities, possible parking space, somewhere for the bins. Basically a new dwelling.