Is it illegal to lease my shared ownership flat?

lease flat
I bought a shared ownership flat from a housing association. Can I rent it out?

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8 Responses to “Is it illegal to lease my shared ownership flat?”

  1. ANN F Says:

    only if you get caught

  2. WhatAmI? Says:

    Consult a real estate lawyer in your community. Sounds like you are in a country other than the USA or Canada.

    Post your question in your specific country.

  3. klwtwizzy Says:

    i would think it probably is. depends what country you live in.

  4. Carla A Says:

    Yes it is, if you can afford to lease it out and live somewhere else then you can afford to give it back and let someone else who needs it more have it.

  5. Peter V Says:

    Yes you may, during your time-. You may have a problem o clear the person out when your share-time expires.

  6. Kenneth M Says:

    ask your attorney about that one

  7. Birdie2006 Says:

    I take it that you purchased the propery in a share scheme and now a part holder of the lease. If this is the case you would need the permission of the other holder of the lease along with the freeholder (if they are different) and of course the permission of your mortgage provider (if you have one). As long as all these people/organisations agree then legally there should not be a problem but be certain to get everything in writing.

  8. mr_trend.vampire Says:

    Hell yes it fine, as long as you go back an pay all the tax that you didnt u fruckin twat, stop claimin an if u can afford it then y? there is people homelss, an u with ur half owned coucil house want to make money offf them helpin you, what goes around comes around