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Where Taxpayers and Advisers Meet

Relocation expenses and 'temporary' accommodation

section 44
Posts:4467
Joined:Thu Oct 30, 2008 12:47 pm

Postby section 44 » Thu Sep 25, 2008 2:07 pm

I have relocated and had intended to rent a home whilst I sell my old home and buy a new home.

With the housing market having taken a nose dive I now find myself unable to sell my old home and after a few months of listing it for sale (evidence to support this) I have decided to rent it (for 10 months) and see how the market fairs next year.

Leaving the capital tied up will prevent me from buying a new home at present.

Will the rent on my rental property (10 months lease) qualify as temporary accommodation?

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