sub-letting

sub-letting

Social landlord starts key amnesty to battle housing fraud

08 May, 20140 Comments
Phoenix Community Housing in Lewisham, who have 5,500 properties, have given their illegally subletting tenants until early July to be honest and upfront, without fear of legal action. Those that are found guilty of unauthorised subletting could face up to 2 years’ imprisonment and/or a fine of up to £5,000. Chief executive Jim Ripley said:
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Landlords need to be aware of “Rent to Rent” scams

16 October, 20130 Comments
Paul Shamplina, Founder of Landlord Action, will be highlighting the issues of “Rent to Rent” scams via BBC4’s You and Yours radio program, between 12pm-1pm today. “Rent to Rent” = a tenant rents a house and then makes as much profit as possible by sub-letting the rooms to “sub-tenants”. The idea behind how it works
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Another property “expert” crashes and burns

11 October, 20130 Comments
Daniel Burton ran seminars to show other property speculators how to rent and then sublet to as many people as possible. Now he has disappeared – and so have many tenants’ deposits. A self-styled property expert who boasted of making £35,000 a month from a get-rich-quick scheme called rent-to-rent has gone missing, leaving tenants across
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Subletting burglars jailed after £50k raids

24 September, 20131 Comments
Following an LRS forum post regarding a tenant who had sublet his flat to a burglar back in April 2013, two men were sentenced and jailed earlier this month after £50k raids by North Somerset police. The two crooks, Roy Salisbury (28) and Ean Sinclair (29), targeted homes in Weston-super-Mare, Hutton and Clevedon – whilst Sailsbury
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WARNING! Rent-to-Rent on the increase

19 February, 20130 Comments
There are increasing concerns regarding the new development in the residential lettings market known as ‘Rent-to-Rent’ ; tenants who rent a residential property and then sub-let it for profit. As tenants find it increasingly difficult to find rental accommodation the problem of subletting property without consent has increased considerably within both the private rental market
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Landlord licensing could lead to rent rises in Bristol?

14 December, 20121 Comments
Landlords in Bristol will have to apply for a licence to let their properties as part of a trial scheme aimed at improving conditions for tenants. The licence, being trialled in the Easton area, will cost property owners £100 and as part of the application they will have to supply safety certificates and ensure smoke
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MPs pass bill that criminalizes social subletting

13 November, 20120 Comments
MPs have passed a bill outlawing the illegal subletting of social housing properties. The Prevention of Social Housing Fraud Bill will mean tenants that illegally sublet their properties could face up to two years’ imprisonment, as well as a possibly unlimited fine. At present subletting is a civil offence, meaning it cannot attract a custodial
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Lib Dems likely to call for licensing of all LA’s & LL’s.

29 August, 20121 Comments
The Liberal Democrats Autumn Conference, scheduled for September 22nd – 26th, will see a motion called ‘decent homes for all’ discussed and debated – where they are likely to call for the licensing of all letting agents and private landlords. The motion notes that failure to build enough new homes is making houses more and
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Serial Sub-letting Saga

25 July, 20120 Comments
A true story from one of our Network Referencing community, regarding the escalating problem of tenants illegally sub-letting property in the Private Rented Sector.   Tenant Alert Reference NW-MST-197 The tenant in question applied for a property using a false employment reference, from a falsified company. The company that provided the false employment reference was
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