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The can't rent it out for enough so use Airbnb approach has a slight flaw in it

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52 minutes ago, cashinmattress said:

Leasehold... always going to be problematic.



No matter what the question is, he answer is - you are screwed.

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You would get relief from forfeiture proceedings provided you remedied the the breach...ie stopped doing airbnb.  So to say you are risking being thrown out and losing your £250k flat is not right.

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I think this is about renting a flat through an assured shorthold tenancy and then throwing it onto airbnb.

So the renter makes a profit, or more likely just subsidises the rent a little bit and the landlord gets the extra wear and tear.

It has occured to me that if you leave a rental place having moved town or purchased somewhere but you are still tied in to another 6 months lease then shoving it onto airbnb would be a no-brainer.

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  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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