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The practice of unauthorised sub-letting is still rife in the UK’s private rented sector (PRS)...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-308","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-4Y","jetpack-related-posts":[{"id":110819,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenants-fined-for-sub-letting-apartment-on-booking-com-and-airbnb-without-landlords-permission\/","url_meta":{"origin":308,"position":0},"title":"Tenants fined for sub-letting apartment on Booking.com and Airbnb without landlord's permission","date":"September 16, 2019","format":false,"excerpt":"\r A couple who sub-let a central Auckland apartment for $215 per night without the owner's permission has been ordered to pay damages - and give the profits back.The Tenancy Tribunal has ruled Jian Cui and Ma Dong breached their rental...\r \r Source : nzherald.co.nz\/Property\r Read more...Tenants fined for sub-letting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6750,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/meet-the-new-class-of-landlords-profiting-from-generation-rent\/","url_meta":{"origin":308,"position":1},"title":"Meet the new class of landlords profiting from Generation Rent","date":"June 29, 2013","format":false,"excerpt":"\r With interest rates at historic lows and rents at historic highs, property moguls such as these buy-to-let millionaires and rent-to-rent pioneers have never had it so goodThey are the people making a killing from Generation Rent. 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The couple, who sub-let the...\r \r Source : nzherald.co.nz\/Property\r Read more...Tenants fined for sub-letting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenants-fined-for-sub-letting-property-on-airbnb-2\/","url_meta":{"origin":308,"position":3},"title":"Tenants fined for sub-letting property on Airbnb","date":"March 6, 2017","format":false,"excerpt":"\r In what's believed to be the first ruling of its kind, a Wellington couple who sub-let a rental property without its owner's approval have been found to be in breach of the Residential Tenancies Act. The couple, who sub-let the...\r \r Source : nzherald.co.nz\/Property\r Read more...Tenants fined for sub-letting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46797,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenants-fined-for-sub-letting-property-on-airbnb-3\/","url_meta":{"origin":308,"position":4},"title":"Tenants fined for sub-letting property on Airbnb","date":"March 6, 2017","format":false,"excerpt":"\r In what's believed to be the first ruling of its kind, a Wellington couple who sub-let a rental property without its owner's approval have been found to be in breach of the Residential Tenancies Act. 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\n The practice of unauthorised sub-letting is still rife in the UK’s private rented sector (PRS) and subsequently damaged properties are costing landlords thousands of pounds, it is claimed.The warning from the Association of Independent Inventory Clerks (AIIC) comes after the National Landlords Association (NLA) recently reported that almost half of tenants who sub-let their property do so without their landlord\u2019s consent.The NLA’s findings come in response to government proposals to introduce minimum room sizes in order to crack down on problems such as unauthorised sub-letting.The study also found that of those tenants who approached their landlord about sub-letting, a fifth had their request permitted.The AIIC says that any tenants who are interested in sub-letting must speak to their landlord as if approached officially and properly, there is a chance the landlord will be willing to hear any requests.\u2018Unfortunately, the practice of unauthorised sub-letting remains rife within the PRS and can cost landlords thousands of pounds in damages,\u2019 said Pat Barber, chair of the AIIC.\u2018There are countless horror stories related to sub-letting. For example, I know of a new two bed flat in which a total of 12 adults lived, although it was only rented to two male tenants. Another case concerned a three bed furnished flat, let to a restaurant and a total of 27 people were sleeping there, on shifts, all workers for the restaurant business,\u2019 she explained.\u2018These were both properties that I personally checked-out and needless to say both were wrecked, leaving the landlords thousands of pounds out of pocket,\u2019 she added.It is hoped that the government’s new proposals will limit the scope of unauthorised sub-letting but Barber pointed out that it also remains vitally important for landlords, agents and service providers like independent inventory clerks to remain vigilant for the signs of unauthorised sub-letting.She also explained that in the case of unauthorised sub-letting, an inventory carried out by an independent inventory clerk could provide the landlord with the opportunity to recoup some of the costs incurred by property damage.An independently compiled inventory will comprehensively detail the condition of the property at the beginning of the tenancy and it is very difficult for a tenant to argue against such firm evidence of check-in condition.
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\nSource : propertywire.com
\nRead more…Unauthorised residential sub-letting costing UK landlords thousands<\/a><\/p>\n