Wednesday, 25 September 2013

Three Million ‘Ghost’ Tenants Living In Rented Homes

More than three million people are living unofficially in rented properties without the landlords’ knowledge, and this could put their business and property at risk, according to insurance firm Direct Line for Business.  The company warned that landlords’ insurance policies and potentially their buildings cover could be invalidated if a property is occupied by multiple occupants who are not listed on the tenancy agreement. According to the company, there are 3.3 million people across the UK living in rented accommodation who are not listed on the tenancy agreement.  Read more on the Housing Excellence website.

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