Private Tenant Subletting Scams – Are You At Risk?
By: CIS Specialists
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.
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