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separate rental income

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  • separate rental income

    Dear experts,
    Is it possible to rent a property which is 2 level (one level 3 bed+bath+kitchen) and other level (studio+bath+kitchenette) separately? 2 level separated internally by door and each of them has their own entrance to driveway. what consideration I need to take care of this ?

  • #2
    If you live in one then maybe

    otherwise there is risk

    are they approved for separate units?

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    • #3
      Shouldn't be any issue, but sometimes insurance company may charge 2 EQC levies. The risk factor remains unquantifiably the same whether you live there or not

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      • #4
        the risk is in being accused of creating a second dwelling. I thinkn the safest is a flatmates agreement that happens to have self contained facilities. Avoid the RTA or at your peril?

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