Monday, March 12, 2012

Another bogus landlord scam

Another scam for landlords to look out for is the sub letting scam.

A perfect example of this is the recent case in Croydon in which Rose Chimuka, 32 from Peterborough has just been sentenced for four years

The bogus landlord rented large family properties from Croydon letting agents to supposedly house her large family. Instead of moving in, she would divide up and sub let rooms to up to fifteen tenants per property, taking rental payments in cash.

Chimuka did this on a total of six large rental properties around the Croydon area between August 2009 and June 2011.

This example further underlines the importance of regular property inspections by landlords or their letting agents.

Discounted landlord insurance
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