hereHome businesses are now common, so much so that a change to legislation in 2015 revised older legislation that had made such a proposition unappealing to landlords. More on this change can be found in the blog article here. With the legal hurdle removed, there are other things you may need to consider that may restrict the operation of a business from the Dwelling:
- Tenancy Agreement – conditions in any current tenancy agreement
- Superior Lease – covenants in any superior lease
- Insurance Policy – the landlord’s insurance policy
- Lenders Terms
Consider also the following:
- Wear and Tear – the operation of a home business may increase the wear and tear on the property; the tenant spending longer hours in the property, the consultant’s clients visiting, the hairdresser’s hair dye on the flooring etc.
- Nuisance to Neighbours – noise, increased footfall, increased traffic, parking issues
If your tenant wants to run a business from home, ask them about the nature of the business and consider the above before giving consent.
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