Becoming a resident landlord
You’re a resident landlord if you let out part of a property which is your only or main home.
If you only occasionally rent out part of your home (for example through short-term rental apps), check if you need to tell HMRC about this income.
If so, you’ll have certain rights and responsibilities:
- you’re responsible for keeping the property safe and in good repair
- a tenant or lodger doesn’t have the right to challenge the agreed rent
- you may be able to earn £7,500 per year tax-free under the Rent a Room Scheme
- you can give less notice to end a letting than if you rented out the property as a whole
Ask potential tenants or lodgers for references and follow them up before signing any agreement. Read the guide about letting rooms in your home for more information.
Coronavirus (COVID-19) and your responsibilities
Your responsibilities as a resident landlord have not changed because of coronavirus. You can read more coronavirus and renting guidance for tenants and landlords.