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  • Legal FAQs

    Owner occupier or tenant?

    If I purchase a property as a non natural person e.g. Ltd Co and then live in that property am I an owner occupier or a tenant?

    ps. I'm aware that there could be BIK implications.

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    Some kind of tenant...

    Does there have to be some kind of consideration exchanged to make it an AST?

    So if no consideration could be common law tenant or assured tenant or licensee?

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    DISCLAIMER just my personal opinion - for legal advice consult a qualified professional grown-up.

    Thanks for the replies, I'm clearly struggling with the concepts of a non natural person ownership. I can understand that I would be a tenant if the property was owned by my Ltd Co, but what if it was owned by an LLP between myself and my Ltd Co?

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