Rent Increase

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  • jpkeates
    replied
    There is no maximum you can raise the rent to from a legal point of view.
    There is obviously a limit to what the tenant can afford.

    You can ask the tenant to leave at the end of a tenancy period, but they don't have to (which would compel you to go to court to repossess) or, if your tenancy allows for it, you can let the lease become periodic and impose a new rent using a section 13 notice.

    Decent rent paying tenants are a great thing to have and most people couldn't take a £2,400 per annum jump in rent.

    Leave a comment:

  • TREK
    started a topic Rent Increase

    Rent Increase

    I am a landlord and have been letting a property out to tenants for £600 PCM for 4 years with no rent increases, i have not had my eye on the ball for 18 months and have just found out that very similar properties in the area are going for £800 PCM. What is the maximum i could raise the rent at the end of the tenancy if they signed for another 12 months? Also could i ask the tenant to leave at the end of the tenancy and rent it to a new tenant for £800 PCM? Or is that option illegal. Thank you in advance for any replies.
    Tags: None
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