The "dont mind" is not correct.
Lots of people have outgrown their apartments as noted in yesterdays paper but are stuck there due to DCC.
DCC are aware the hundreds of people are leasing theirs out.
Two DCC reps told me to my face that they are turning a blind eye as they dont have the resources to check it out. I asked them for permission and
they both said the following (after a simultaneous and exagerated look over both their shoulders, as if rehersed) "go ahead and lease it out, we are not checking but if there are any complaints we'll have to investigate.
We cannot give this to you in writing. This was about 6 months ago. They told me that DCC were reveiwing its terms and conditions.....
. They were warning me of the double edge sword of needing to register with the PRTB and the possibility of the Revenue seeing TRS from the very same address.....
Now, there is a big difference between not right, not allowed and NOT LEGAL.
Leasing it out is not legal, its part of your debenture. You will be breaking your contract.
So, effectively what they are saying is "its not a crime unless you get caught"
. I mean, I could rob a bank and if I didn't get caught then I'm ok?!
If I were to lease out the A/H apartment they still get paid their mortgage which means I'm effectively an illegal working agent for DCC and if I get caught I suffer the consequence!!!!! Also, you have to pay tax on whatever "income" you make which is not even income it goes off the interest on the mortgage, then you have to pay the household charge on a place thats not yours and exorbitant management fees.
We all ran out and bought our own little prisons with this scheme.
However, I have an ace up my sleeve. I recorded the entire conversation on my phone, right from introduction to them telling me to lease it out but they couldn't give it in writing. The two lads were nice and pragmatic but that wont help is sh* hits the fan.
I'm now going to lease mine out. Make sure you have an ace if you lease out and get "caught"
working for them