Sub-letting scams can be reduced by property visits, agents advised

Sub-letting scams can be reduced by property visits, agents advised


Todays other news
Average UK monthly private rents increased by 7.7% in the...
Inflation slowed to 2.6% in the year to March says...
Renters’ budgets remain strong while rent levels are holding firm...
The claim comes from a company called COHO...
The trade body has its say on government welfare changes...


An inventories supplier is advising that the growing number of sub-letting scams can be reduced by regular property visits by agents and landlords.

No Letting Go says there has been a rise in the number of sub-letting scams in recent months, often involving fraudsters using short-term lets platforms to let their landlord’s properties without consent.

One recent example, which featured on BBC One’s Inside Out programme, saw a managing agent discover a family being checked into a rental property by the existing tenants.

Further research uncovered a long-running sub-letting scam with over 70 reviews of the property left on Airbnb over the course of the tenancy.

The tenants were eventually evicted but not before they had cost the landlord a significant amount of stress and money in repairing property damage.

Unauthorised sub-letting creates a heightened risk of property damage and abnormal levels of wear and tear, and could invalidate a landlord’s insurance policy. It can also breach local authority licensing schemes and a number of health and safety regulations.

“The growth of the short-term lets market heightens the risk of unlawful sub-letting as the available technology makes it easy for tenants to let properties quickly and easily without the knowledge of landlords and letting agents” says Nick Lyons, chief executive of No Letting Go.

“Sub-letting could cost landlords thousands of pounds of a long period of time. As well as the repair and maintenance costs to consider, there is also the increased chance of costly void periods while the property is being brought back to a lettable condition” he adds.

“What’s more, if you are forced to evict a tenant due to sub-letting, it could be costly and time-consuming to repossess the property through the courts. This issue could be further exacerbated by the government’s plans to scrap the Section 21 evictions process.”

Lyons says there are steps which agents and landlords can take to minimise the chances of falling victim to such a scam.

“Regular property visits and inspections can help to identify the tell-tale signs of subletting such as additional rubbish and the presence of people not named on the tenancy agreement. You will discourage tenants from subletting and in the event that they are carrying out unlawful activity, you can bring a stop to it as soon as possible” he says.

“Professional inventories and carrying out the check-out process properly can also offer additional protection. If tenants have been subletting a property, the presence of an inventory can provide the required evidence for landlords to recoup some of the property damage and maintenance costs from the tenant’s security deposit” he adds.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Activists claim “high levels of non-compliance by letting agents”...
Klerky offers an easier and quicker way than rival providers...
Three lettings agencies have been expelled by TPO...
Inspections should be twice or even four times a year,...
The BoE has come to a decision on interest rates...
The removal of temporary rent controls may make buy-to-let more...
The Welsh Government is backing the call for a 'compensation'...
Recommended for you
Latest Features
Average UK monthly private rents increased by 7.7% in the...
Inflation slowed to 2.6% in the year to March says...
Renters’ budgets remain strong while rent levels are holding firm...
Sponsored Content
With less than a month to go until the UK...
The UK government has implemented 16 financial sanctions rule changes...
The owners of the Rentman software application (for property Lettings...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here