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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

To ask how much you would pay?

34 replies

Rentaroom33 · 05/09/2022 17:15

So we have a house that is extended but it is done in such a way that the old house is separated by a porch area. I am going to rent out the “old” house (it has been refurbished though) it has a bedroom bathroom and large sitting room currently. I am going to make separate the living room into a kitchenette/living/dining. I know everywhere is different but it is essentially a one bed apartment (shared front door but into the large porch) and our side of the house has its own inner door too.

Now here’s our aibu slightly…dh thinks as we live rurally that no one would want it. I beg to differ as apartments/rentals are hard to come by in our area and we should just air b&b I want to just rent to one person as it would be considered a lodger and then it would be tax free! We could charge 500-600per month. So it’s a no brainer from me, aibu?

OP posts:
Original poster
Rentaroom33 · 05/09/2022 17:16

Forgot to add the main question! How much would you think would be acceptable to charge for it?

OP posts:
Whatiswrongwithmyknee · 05/09/2022 17:24

Do you not need yo pay council tax separately for it if it has its own kitchen? Impossible to say price without some sense of the area.

Original poster
Rentaroom33 · 05/09/2022 17:28

@Whatiswrongwithmyknee we don’t pay council tax Where we live.

OP posts:
midgetastic · 05/09/2022 17:29

Check the local rates in the local solicitors

Discovereads · 05/09/2022 17:31

Check your mortgage too. Some lenders require a lodger mortgage of you’re going to have a lodger. Most lenders will want a BTL mortgage if you’re going to AirBnB part of it.

Original poster
Rentaroom33 · 05/09/2022 17:48

@midgetastic what do you mean rates? as in rates of rental income?
@Discovereads thank you, we don’t have a mortgage anymore but great to know!!

OP posts:
Octomore · 05/09/2022 17:51

You can't use the tax-free rent a room scheme if the accommodation is not part of your main home when you let it, which it sounds like this isn't? The rent a room scheme also isn't available for a flat within a larger property.

I would rent it out regardless, as you don't want an Airbnb next door to you - parties, late night holiday antics etc. A solid tenant would be far nicer.

Discovereads · 05/09/2022 17:51

Sounds like an easy way to increase your income. I’d go for it.

Octomore · 05/09/2022 17:52

Rentaroom33 · 05/09/2022 17:16

Forgot to add the main question! How much would you think would be acceptable to charge for it?

Impossible to say. What do similar places rent for in your area?

Riverlee · 05/09/2022 17:52

Have a look on spareroom.com or Rightmove to see what the going rates are in your area.

IncompleteSenten · 05/09/2022 17:53

Are you sure they're legally a lodger if there are no shared facilities?

Aprilx · 05/09/2022 17:54

I would prefer one tenant as well.

But I do think you are wrong about the tax situation, this does not sound like it would be a lodger.

Original poster
Rentaroom33 · 05/09/2022 17:58

@IncompleteSenten it’s not a separate house as such so no, they are sharing a house technically.

OP posts:
Discovereads · 05/09/2022 18:00

IncompleteSenten · 05/09/2022 17:53

Are you sure they're legally a lodger if there are no shared facilities?

I’m not sure about this either. It sounds more like you have a semi-detached annex, so it wouldn’t be a lodger. I’d look at Rightmove and see what 1 bedroom flats or annexes are going for to see what sort of rent you can charge. The estate agent you hire to manage it will also be able to value the rental income for you as well.

LaddieCthulu · 05/09/2022 18:02

You should look up what defines them being a lodger/tenant as others are saying. The rules have some variation according to the mortgage agreement and you have to make sure your home insurance covers it too. You might be surprised at the nuance and variations. Some state that a lodger cannot have use of more than a certain percentage of the home or something.

Frankly no-one will know any different unless something major happens (a fire or flooding you have to claim for)... And then you might find yourself in breach of your home insurance, and thus in breach of your mortgage agreement.

I have known any number if people that have rented property out this way long term with no issue, of course. I'm not to trying to scare you, just sharing in case you hadn't thought of this stuff!

LaddieCthulu · 05/09/2022 18:06

So sorry...just read you don't have a mortgage. Well. Ignore anything i said about the mortgage!

Original poster
Rentaroom33 · 05/09/2022 18:06

It is considered my home so yes it will work.

To ask how much you would pay?
OP posts:
Muchtoomuchtodo · 05/09/2022 18:06

Really depends where it is! Transport links, local facilities etc

Georgyporky · 05/09/2022 18:22

Rentaroom33 · 05/09/2022 17:28

@Whatiswrongwithmyknee we don’t pay council tax Where we live.

Doesn't sound like you're in England, so any advice on this thread could be irrelevant.

Octomore · 05/09/2022 18:40

Rentaroom33 · 05/09/2022 18:06

It is considered my home so yes it will work.

That clearly isn't a UK link because the amount is in euros. I assume you're not in the UK - are you in Ireland?

In which case, why on earth do you expect MNers to be able to advise on the rental value of a property when you haven't even told us what country you're in, let alone the area?

caringcarer · 05/09/2022 19:07

What it will rent for will depend on country you are in and what else is available locally.

Relocatiorelocation · 05/09/2022 19:30

Oh OP wjat is the pijt of this post? 🤔

Octomore · 05/09/2022 19:37

God knows. It's certainly not a genuine request for information.

Hesma · 05/09/2022 19:51

Where are you?

InChocolateWeTrust · 05/09/2022 20:02

I thought if the property was separately lockable from the outside with a key it was a separate dwelling for council tax purposes/rent a room income etc

But I can't remember so

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