Cant you rent out a place you are renting yourself?

asoe209

Good morning all, this is just a quick one as I’m not sure ifthis is allowed to do or not.

Can you rent out a property that you are renting yourself?

So the soul reason is that you are renting this property withthe intention to renting it out to lodgers.

ps excuse the title spelling its to early for me. lol

googler

Depends on whether or not the landlord/owner allows you to sub-let it, assuming you're renting/letting it directly from the landlord in the first place.

What does the rental agreement say on the topic?

Out,_Vile_Jelly

Highly unlikely.

Who is going to credit check and reference these lodgers?

asoe209

Well this is not for now it was just a future thought o weather that sort of thing can be done.

I would guess that if i was to rent out to some one else that I would have to do the checks.

so from whats been said so far its a case of fidin some that allows a sub let.

Browntoa

Don't think any landlord would allow you to sublet

Dave_the_Ginger_Cat

Why would you want to do it?

You may gain a small amount on mark up of the rent if you can find someone who will allow you to do it, but is the small gain worth the hassle that you would have by doing this

Can't help thinking there are easier and less risky ways of earning money

00ec25

assuming England and Wales
http://england.shelter.org.uk/get_advice/sharing_and_subletting/lodgers

somethingcorporate

It wouldn't be worth it, any profit would likely be eaten up by voids for transient tenants like lodgers.

Plus I do not know any LLs that would allow subletting.

agrinnall

I think some of the replies so far have assumed that your intention is to let the entire property to new tenants at a higher rent than you are paying yourself, and of course most LLs will not allow this.

However, your post mentions lodgers, so perhaps you want to rent a place with several bedrooms, then sublet the extra bedrooms while continuing to live there yourself to subside your own living costs. Again, many LLs would either not allow this, or would want the extra people to have proper tenancy agreements themselves, but it's certainly possible that you might find LLs who would allow you to do this. I expect that the link provided by 00ec25 will give you more information on your responsibilities in such a situation, but probably won't tell you how to find a suitable property to do it from.

donfanatico

I'm going to disagree here, if you have a tenancy agreement and you are the tenant - the property is yours for the duration of the tenancy and as long as you hand it back in the same condition minus fair wear and tear, I think that you can have a paying lodger and noone can stop you if you pay your rent and otherwise behave in a tenant like manner...

Legally, I guess it could be on shaky ground though

zabi89

If the Landlord allows you to Sub-let it then yes, you can.