Subletting a growing concern for landlords
Landlord Assist is warning landlords to protect their properties against the growing trend of tenants subletting their properties to make a profit.
The nationwide tenant eviction and rent recovery firm has witnessed an increase in the number of tenants obtaining a tenancy with the deliberate intention of subletting the property for a higher amount than the rent they pay.
Graham Kinnear, managing director at Landlord Assist says letting agents and landlords should make regular checks on their properties to ensure that they are not being sublet and to ensure they are properly maintained by their tenants.
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He says: "With demand exceeding supply in the rental market at present, some unscrupulous individuals are exploiting this shortage by signing for a property on the pretence that they want to live there, but are then illegally subletting the property.
"In most circumstances, people renting the property are unaware of the fact that their 'landlord' is in fact a tenant who has broken their tenancy agreement.
"It is critical that landlords make regular checks on their properties to prevent tenants from subletting to people without their permission."