Rent-to-rent: the new, dubious, get-rich-from-property scheme

Updated
Houses
Houses

The concept behind rent-to-rent (also known as 'multi-let', 'rent the rented' or 'let to let') is astonishingly simple. A 'middleman' rents a big house from a landlord, then re-lets the rooms to tenants on an individual basis at a nice fat profit.

In some cases living and dining areas are turned into bedrooms too. For example a three-bed house with two reception rooms can be re-let as a five-bed property. This ups the profit for the middleman, but means tenants end up living in cramped conditions with total strangers.
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