Of course you can – there’s no law that says you have to charge rent. The only downside is – if there are any repairs to be done, the costs will come out of your own pocket – instead of being paid for from the rental income. Yes you can. You can do anything you want with your property.
Can the Council make me move to a smaller property?
Council house tenants in properties bigger than they need could be forced to move into smaller accommodation under the Government’s austerity drive. This will apply where people live in a property that is too large for their needs.
Can a property be left to someone in a will in the UK?
Essentially, all property, including land and buildings that are located in the UK can be left to a beneficiary in your will. However, if the UK property that you own is as a ‘joint tenant’, which is what most married couples and also civil partners tend to do, then you will have a half share in the home.
Do you have half share on death in UK?
However, if the UK property that you own is as a ‘joint tenant’, which is what most married couples and also civil partners tend to do, then you will have a half share in the home. This share will automatically pass to the co-owner on your death.
What happens when a property is shared between people?
When a property is shared between people, you become joint owners. There are 2 types of joint ownership: joint tenants and tenants in common. You need to decide what kind of owners to become. We explain the difference between tenants in common and joint tenants in our guide.
What happens when you inherit a house in the UK?
We explain the difference between tenants in common and joint tenants in our guide. When you inherit a property with a mortgage in the UK, you become responsible for meeting the mortgage repayments. Sometimes the deceased will have a life insurance policy which can be used to cover the costs.
