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This is excellent news for landlords as not solely do business tenancies have mortgage and insurance implications, but they'll mean the tenant becomes eligible for computerized lease renewal. The LTA defines a home based business as "a enterprise of a sort which might reasonably be carried on at dwelling.". However, this excludes a business involved in the supply of alcohol to be consumed on the premises. The property must remain primarily residential, which usually implies that no more than 40% of it needs to be used for [5 Step Formula](http://global.gwangju.ac.kr/bbs/board.php?bo_table=g0101&wr_id=845823) commercial activities. Do I have to allow tenants to run a home business? Firstly, if a tenant wants to run a home based business out of your property they should get your permission in writing. However, you aren't allowed to ‘unreasonably’ refuse a request. Practically talking, you’ve got three grounds on which you'll be able to fairly refuse. Changes to your mortgage In case your mortgage specifies that your property must stay principally residential, you may veto tenants from running a home based business.
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