Terry Gorry video on his difficulty getting rid of a non paying tenant

handing a significant risk and cost free rental business to the sole tenant.
Risk is no different.
The sole tenant is able to able to set room rent fees at whatever they like as they are not subject to rent caps or RTB rules.
Indeed. The market sets the rate.
In the 4 bed example, they could have 36k of rental income, which easily covers the full rent to their landord.
And the problem is?
Most likely they dont declare this rental income under Rent A Room
Tenants tax affairs are not your concern.
 
Risk is no different
That's not my point. It is that you are giving the tenant a risk free opportunity to make money for them, not you the owner, that ultimately bears the risk, for no additional reward.


Indeed. The market sets the rate
I still don't see how what you do adds any value to you
And the problem is?
You always seem defensive. My position is why would you give someone the opportunity to make this income off your asset, and to labour the point, risk free (for them)
Tenants tax affairs are not your concern
That's true, but not my point. You are potentially giving them an income which may or not be declared, while you are exposed to all costs and upkeep associated with the property. The sole tenant must be delighted to have such a generous landlord.

Clearly we differ on views here, but I see no benefit in allowing a tenant to sub-let.
 
There is a legal definition of licensee and a guest is not a licensee.
An acquaintance lives 150km away but works near you and you give them the spare bedroom for €25 a night as and when needed. They keep a change of clothes and a toothbrush in your house. They have a set of keys but always inform you when they are coming.

For sure they are not a tenant. But are they a paying guest or a licensee?
 
They are a guest.

Some one will now try & say you are running a B&B & need planning permission for a business / register for VAT / have fire certificates.

:)
 
but I see no benefit in allowing a tenant to sub-let
Does this prohibit a sub-let by a tenant while they are still in the dwelling?

S32. (2) The creation of a sub-tenancy in respect of part only of the dwelling, the subject of a Part 4 tenancy or a further Part 4 tenancy, is prohibited.
(3) Any such sub-tenancy purported to be created is void.
 
Money isn't the point. A guest is there with your permission only. As soon as you ask them to leave they must do so.
 
A licensee has contractual permission to enter a property. Even in the €25 a night example above, that €25 is consideration for access to the property, if mutually agreed and understood as to being payment for the access beforehand. If you'd let them stay regardless of payment and it was a sincere gesture not agreed before sure it'd be a guest.
 
1. Its a report, not legislation
2. Even this report puts the word in quotes.
3. Report is clear that sharers have the legal status of guests; that is they are there with permission of host and can be asked to leave at any time.

And I am done. If you want more, read all the posts I have already written.
 
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