Are there any legal issues involved in renting to students over and above standard tenancy rules?

Asked by naomi.shebah

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Answered by D C, IFA in Bristol, DEVON
Check with your mortgage lender, if you have a mortgage, whether they permit this, and also confirm the position with the buildings insurance. Normally you can only have a single assured shorthold tenancy (covering everyone in the property) rather than one tenancy agreement for each individual, though there are some lenders who do accept multiple occupancy. If the property is regarded as an HMO (house with multiply occupancy) then regulations such as fire protection are more stringent than for single occupancy properties. | 12.08.10 @ 21:50
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$commenter.renderDisplayableName() — {comment} | 09.23.17 @ 23:43
Answered by Paul Ross DipPFS CII(MP&ER), IFA in Bourne, LINCOLNSHIRE
If the property is mortgaged, you need to speak to your lender to seek permission. Your buildings insurance, as mentioned by David, will be affected and you will undoubtedly pay more due to the risk involved | 12.09.10 @ 06:32
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$commenter.renderDisplayableName() — {comment} | 09.23.17 @ 23:43
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Answered by

D C
D C, IFA in Bristol, DEVON

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