How do I minimise my losses?

How do I minimise my losses?

9:35 AM, 14th March 2019, About 2 years ago 11

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If a house is let out to a group of 3 people on a signed 10 month contract and one of them is stuck outside uk due to his own fault;
– do the other two pay the full rent?
– Do I keep the deposit to fulfil as much of the rent as possible
– do the other 2 find a substitute for the third room?

I would be grateful for any help from readers on how best they think I can minimise my losses?

Many thanks



by Mark Shine

22:35 PM, 17th March 2019, About 2 years ago

Reply to the comment left by Michael Barnes at 17/03/2019 - 18:01
Yup, all you say above is technically correct Michael. Regardless of whether the local authority where RM’s property is... happens to have decided to cash in on the ‘additional hmo’ licensing angle.... yet, yes technically RM’s does appear to be an HMO.

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