First time buyers wanting to offer friends a few weeks free accommodation

snx92 · 11-01-2025 01:16AM #1

Hi,
We have just closed on our first home as first time buyers but are away for 3 weeks on a trip and were hoping to allow our friends (a couple with a young baby) to stay in our new home for the few weeks we are away while their home is having some renovations done. We wouldn't be charging rent or bills it's just a good deed for some friends that have been good to us but I just wondered are our home insurer likely to allow this / will they charge extra ? Would our lender have issue with this if they are just house sitting so to speak not renting does anyone know? Any advice appreciated please 🙏

patrickc · 11-01-2025 01:19AM

Your lender won't care, they've been paid!

I doubt your insurer will either for only 3 weeks.

meijin · 11-01-2025 01:27AM

https://www.boards.ie/discussion/2058387743/first-time-buyers-wanting-to-offer-friends-a-few-weeks-free-accommodation

what happens if their renovation gets delayed and they need stay longer?

snx92 · 11-01-2025 01:40AM

Honestly we are not worried about that we know them incredibly well and their renovations are being done by a family member of my husbands so we know they will be done in and about that time. My only concern is from an insurance and lender perspective what the implications are ?

jj880 · 11-01-2025 01:54AM

In my opinion this is a bad idea.

Your heart is no doubt in the right place but I would try to find another way to show your appreciation if theyve been good to you.

If anything gets wrecked / goes wrong it could sour your friendship.

con747 · 11-01-2025 01:55AM

https://www.boards.ie/discussion/comment/123043461#Comment_123043461

Lender won't care, the insurer will be happy the house isn't unoccupied for 3 weeks so won't care either unless you were charging for it and it wasn't covered in the policy but since you aren't they will be happy. Put any worries aside and just enjoy the break.

17-01-2025 03:02PM

No good deed goes unpunished. That's just been my experience.

Mrs OBumble · 17-01-2025 03:20PM

https://www.boards.ie/discussion/comment/123066411#Comment_123066411

That is a very sad approach to life.

afatbollix · 17-01-2025 03:32PM

I watched this documentary film once where they found a bear at a train station and decided to take it home.

The father of the house was very risk prone and rung his insurance just in time as the bear flooded the bathroom up to the roof before he opened the door and all the water flew out and down the stairs.

Some will say its faked with CGI or what ever but he was lucky to get his insurance in time!

Do they act like bears?

17-01-2025 03:59PM

https://www.boards.ie/discussion/comment/123066489#Comment_123066489

It's realistic. Many good deeds I've done this has been the outcome.

Rocket_GD · 17-01-2025 04:06PM

https://www.boards.ie/discussion/comment/123066668#Comment_123066668

You must know a lot of pretty crappy people. Most people I've done good deeds for tend to repay the favour in kind or thanks.

@ OP I'd have no issue letting good friends stay while you're away, it's a nice gesture.

jj880 · 17-01-2025 04:10PM

https://www.boards.ie/discussion/comment/123066668#Comment_123066668

I think its the "No good deed" part thats a bit over the top.

Completely depends on the person and deed. With time you recognise the people who will take the p!ss and the good deeds that leave you open to them. Manage them out of your life and keep the people who are worth making the effort for.

Alonzo Mosley · 17-01-2025 04:18PM

FFS Has it come to this - inform your insurer if someone stays in your gaff for 3 weeks …..Jesus wept!!

First time buyers wanting to offer friends a few weeks free accommodation

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