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Posted by Administrator on 21.04.16 in News

Landlords getting tough on subletting

Landlords getting tough on subletting

We’ve been hearing reports of landlords launching possession proceedings against tenants who have sublet their property via sites such as­Airbnb­ and Spareroom.co.uk without permission.

A recent report in the Guardian sent out a warning to leaseholders, who might find themselves in breach of their lease. In the worst-case scenario, the landlords (freeholder) can demand that you forfeit your lease – and you lose all the money you have invested in buying your flat. Far more likely is that you are faced with a bill for them to grant consent or a demand that you cease taking in paying guests.

Remember that if you are subletting you do need to be sure that the property is safe and has a gas safety certificate if it has any gas appliances.

If you would like to learn more about or are interested in block of flats insurance or would like to learn more about block management, please call Flats Direct on 01202 862 660 or 0800 731 6242. You can also get your block of flats insurance online quote by completing our contact form.­

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