Private Tenant Subletting Scams – Are You At Risk?

 
CARDIFF, Wales - July 30, 2019 - PRLog -- You may have read recent news stories about council tenant Toby Harman, who was fined £100,000 after being convicted of illegally subletting a council property over the course of many years. Following the story breaking, evidence has emerged that this may not be a one-off, but in fact, endemic in council properties around the country.

However, this is not just the case for council properties. Private landlords are regularly the target of such scams, and the practice is much more widespread throughout the private sector.

Rising rents and a shortage of affordable housing has led to a buoyant but illegal subletting market which makes victims of both landlords and subtenants.

Here, we break down what you need to know to protect yourself, whether it be over one property, or an entire portfolio.

How Does It Work?

There are many different situations in which subletting scams occur. But on the whole, they involve the abuse of a tenancy to profit from it, by unauthorised subletting to a third party.

Please click the link for the full story:

https://privateinvestigatorcardiff.com/private-tenant-subletting-scams-are-you-at-risk/

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Daniel Abraham
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Tags:Lettings
Industry:Property
Location:cardiff - Wales - Wales
Subject:Services
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