Can you sub-let a bought flat, in a no-sub let block?

kizzie_nikita

Hi, basically the person under me flat told us that the block of flats we live in is a 'no sub let' building.

He was wondering why we where privately renting this flat because he couldn't rent his out because of the rules.

I don't know if he owns his flat or not, but i do know the landlord of this house does own it.

Does anyone know even when the rules are that you can't sub-let, does that mean bought out flats/houses aswell?

BitterAndTwisted

Everything depends on the conditions in your landlord's lease. Which you are not party to, so are not in a position to find out. Some developments prohibit sub-letting but do not always enforce it.

Now that your neighbour knows your landlord is sub-letting they could start interfering by informing the freeholder.

tim123456789

Though it's hardly interfereing if he has a material interest

I was recently considering bidding on a repo in a no sub letting block and the OOs that bid on it paid 10-15% less than a BTLer would have.

Fire_Fox

kizzie_nikita wrote: »

Hi, basically the person under me flat told us that the block of flats we live in is a 'no sub let' building.

He was wondering why we where privately renting this flat because he couldn't rent his out because of the rules.

I don't know if he owns his flat or not, but i do know the landlord of this house does own it.

Does anyone know even when the rules are that you can't sub-let, does that mean bought out flats/houses aswell?

Covenants in the long lease apply to all leaseholders. If you are in England or Wales your landlord probably does not own the flat outright (freehold), they are a longhold tenant (leasehold) so any letting is technically subletting. Many landlords ignore covenants in the long lease/ don't seek the consent of the freeholder/ don't inform the buildings insurer.

G_M

Agree with all the above, though as bitter says, as a tenant you are not party to the lease so have no way of seeing it to check, other than to ask a leaseholder (eg your landlord or the leaseholder downstairs) if they are willing to give you a copy.

They are unlikely to agree.

And as there is nothing much you can do (except leave when your tenancy ends) there is little point.