quick question about a lease
quick question about a lease
Author
Discussion

philv

Original Poster:

4,860 posts

231 months

Tuesday 19th January 2010
quotequote all
Hi,

I have a flat and the lease agreement states that the property should be used only as a private dwelling.

Does that mean i cannot use as commecial premises?
But i can still rent it out as a normal flat for living in ?

Just clarifying.

Thanks for any help.

Noel

586 posts

270 months

Tuesday 19th January 2010
quotequote all
Yep you can't use it for business purposes. You might also have to inform the mortgage company if you intend to rent it out rather than occupy your self.