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Letting the property to a lodger should not be a problem. You can regain possession of the property by using a notice to quit instead of launching possession proceedings. I would suggest that you have a lodger's agreement in place to ensure the lodger does not dispute the type of tenancy.
Is there anything else I can clarify?
A lodger is a type of tenancy. Yes, you will as it will still be your home.
No, your agreement will cover this licence permitting non-exclusive occupation on a short term basis.
This licence shall end on the earliest of:
(a) DATE ON WHICH LICENCE TO END;
(b) the expiry of not less than INSERT weeks' notice given by the Licensor to the Licensee if the Licensee breaches any of the Licensee's obligations contained in INSERT; and
(c)the expiry of not less than INSERT weeks' notice given by either party to the other.
Termination of this licence shall not affect the rights of either party in connection with any breach of any obligation under this licence which existed at or before the date of termination.
Something like this will be fine. Licencee's obligations in the agreement should be limited.
Will that be all today? :)
The answer is no.
So long as the Licencee's obligations are limited in the agreement that you will have.
Does that answer your question now?