Sub-letting on the rise

Research by Direct Line for Business reveals that one in six tenants admit to sub-letting. 25% of them did not check their tenancy agreement to see if it was permitted and 34% had not informed their landlord.  A quarter of those were subsequently found out.  Of those, 11% were evicted with half of those losing their deposit.  Other repercussions were landlords increasing the rent and issuing fines and/or a warning.  Despite this 17% of tenants are thinking about advertising to sub-let on websites such as Airbnb.

 

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