Kingbee1900:
Good day elders.
I have been thinking to rent a 2/3 bedroom and use one of the rooms for Airbnb.
I'd like your opinions on this please. Will subletting have any impact on my future

My bosses. Please advise

Kingbee1900:
Good day elders.
I have been thinking to rent a 2/3 bedroom and use one of the rooms for Airbnb.

Assuming the landlord agrees for me to sublet (tough job), does it run contrary to the terms of my tier 2 visa?

For tier 2 I know we can have a second job in the industry for which our CoS was issued.

I'd like your opinions on this please. Will subletting have any impact on my future ILR?

Lexusgs430:


Where den dey see this money .............

justwise:
[/b]

They just paid for their ILR.

Lexusgs430:


Why would the LL put his investment at risk.........

Kingbee1900:


Thanks for your response boss. For knowledge purpose please, how does subletting put his investment at risk?

Mamatukwas:

Random Musings: What’s the largest amount you’ve heard a family has had to pay for their BRP?

Today I heard £18k and was completely blown! Family of 4. 5 years visa fee + IHS. That’s crazzzyyyyyyy!!! A whole mortgage deposit! Whew! You think your own is bad until you hear what other peeps are going through.

Lexusgs430:


Your tenancy agreement, would implicitly prohibit subletting...........

Why would the LL put his investment at risk.........

Viruses:

I would like to know this because I'm nursing the idea.

Are there any consequences if it's my house (on mortgage of course) and I sublet one room or use it for airbnb while I occupy the other 2.

kode12:


You have to pay if you want to play. No free lunch.

Viruses:

I would like to know this because I'm nursing the idea.

Are there any consequences if it's my house (on mortgage of course) and I sublet one room or use it for airbnb while I occupy the other 2.

Lexusgs430:

- Make I continue...........

Lexusgs430:


Point to note, you don't own the house(until your mortgage is fully paid up)............

phyl123:


You are allowed to rent a room in your house tax free under the rent an room scheme. More or less take in a lodger. As long as the income is not more than £7,500 per annum.

Treadway:
na so oo.. lol
What's funny is you can say this, and all agree you're offering clarification + stating a fact, yet Munamoqel said same a while ago and was called bad belle.

But still on still, if I have made a down-payment and I have the keys, I should be able to rent parts of the house out, provided I don't default for the duration of that arrangement...and beyond. interesting. So I pay shitload of money to get a house I'd probably spend my productive years paying for, but the income I can make on my hefty investment is capped to 625 a month. Na wa o. What tax rate will apply when it is higher than 625 a month?

Mamatukwas:


Nope. They still have 5 years to go before ILR. This is BRP with a permanent job (non medical/shortage list). So Visa fee per person was £1,423 before you add IHS for 5 years. Multiply by 4.

Treadway:
na so oo.. lol
What's funny is you can say this, and all agree you're offering clarification + stating a fact, yet Munamoqel said same a while ago and was called bad belle.

But still on still, if I have made a down-payment and I have the keys, I should be able to rent parts of the house out, provided I don't default for the duration of that arrangement...and beyond. interesting. So I pay shitload of money to get a house I'd probably spend my productive years paying for, but the income I can make on my hefty investment is capped to 625 a month. Na wa o. What tax rate will apply when it is higher than 625 a month?

phyl123:


You are allowed to rent a room in your house tax free under the rent an room scheme. More or less take in a lodger. As long as the income is not more than £7,500 per annum.

Mamatukwas:


Nope. They still have 5 years to go before ILR. This is BRP with a permanent job (non medical/shortage list). So Visa fee per person was £1,423 before you add IHS for 5 years. Multiply by 4.

mizGene:


Na wa! I hope they won't have to pay IHS again if they need to switch sponsor..

justwise:


We are saying the same thing, getting 5yrs BRP straight is like paying for ILR.

Treadway:
na so oo.. lol
What's funny is you can say this, and all agree you're offering clarification + stating a fact, yet Munamoqel said same a while ago and was called bad belle.

But still on still, if I have made a down-payment and I have the keys, I should be able to rent parts of the house out, provided I don't default for the duration of that arrangement...and beyond. interesting. So I pay shitload of money to get a house I'd probably spend my productive years paying for, but the income I can make on my hefty investment is capped to 625 a month. Na wa o. What tax rate will apply when it is higher than 625 a month?

Lexusgs430:



A very clear difference exists in clarification vs perceived bad belleism..........

We also need to understand the difference between residential vs buy2let mortgage structure.........

You cannot buy a property with residential mortgage, then let property out......... That's a form of defrauding your lender.........

kode12:
https://www.msn.com/en-gb/news/uknews/suella-braverman-to-restrict-number-of-foreign-students-who-can-stay-in-uk-after-their-studies/ar-AA12ZrVc?ocid=msedgntp&cvid=511a87d6324b4e71c38a8da152c1ef3a#comments

Slowly, this talk is gaining traction and festering in their minds. I guess they're allowing it to stew, so when they finally make the decision the outrage and backlash wouldn't be so much.

lightnlife:
Thanks!



Thanks.

Did you submit an itenerary (hotel booking...) during the visa application?

phyl123:


You are allowed to rent a room in your house tax free under the rent an room scheme. More or less take in a lodger. As long as the income is not more than £7,500 per annum.

Osoderi:


yes I did

justwise:


Yes he is as his intentions are coming from a place of jealousy

lightnlife:

Background: I'm currently researching for a good auto car with a budget of 3k. My research reveals that budget will get be something between 2008 and below. I've been advised on brands to avoid like plague due to their wahala.

lightnlife:
Happy weekend!

Please can I get your thoughts on these rides; Vaxhaul - Corsa and Astra, Honda Jazz, Mazda 3, Nissan Note; all auto between 05-08.

Any personal experience, known disadvantages or problems?

Background: I'm currently researching for a good auto car with a budget of 3k. My research reveals that budget will get be something between 2008 and below. I've been advised on brands to avoid like plague due to their wahala.

Just trying to expand my research to avoid gbeje.

Thanks