Member

Unfortunately, many social landlords seem to have interpreted this guidance very restrictively, leaving shared owners who sublet unable to cover their costs, including, for example, increases in service charges for unplanned works. This means that, for the vast majority of shared owners, subletting has been and remains a loss-making operation. Meanwhile, shared owners know that their neighbours in the same block who are private leaseholders were able to move on with their lives, either by selling their flat or letting their flat at a market rate if they needed to.