raising the rent

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    raising the rent

    Is there a formal way of applying for an increase in the rent? There are two reasons for this.
    Although I have good tenants who have been there 4 years I have had to pay a man to tidy the garden as they seem incapable of doing this.
    In addition I have incurred a huge cost in getting rid of the dampness. When the builders started work we found that a floor was rotten as well. I was not aware of this damp problem and had no reason to doubt the efficiency of the previously inserted injection damp course.
    Louise

    #2
    What(if anything) does your tenancy agreement say about rent increases?
    Allow tenants to protect their own deposits. I want free money when they do it wrong

    Comment


      #3
      If the tenancy is now a statutory periodic tenancy, you can either negotiate a new tenancy agreement with the tenant, or use the s13 process. The s13 wording is here: http://www.statutelaw.gov.uk/content...3&filesize=357

      Of course, (as thesaint suggests) your tenancy agreement may have clauses that over-rule s13.

      Comment


        #4
        Thanks

        Thank you for pointing me in the right direction

        Comment


          #5
          Originally posted by baranduin View Post
          Is there a formal way of applying for an increase in the rent? There are two reasons for this.
          Although I have good tenants who have been there 4 years I have had to pay a man to tidy the garden as they seem incapable of doing this.
          In addition I have incurred a huge cost in getting rid of the dampness. When the builders started work we found that a floor was rotten as well. I was not aware of this damp problem and had no reason to doubt the efficiency of the previously inserted injection damp course.
          Louise
          What does the contract say about rent increases?

          Just because you have been forced to make expensive repairs does not mean that you can expect your tenants to pay for it. These repairs are part of your operating costs and should have been anticipated when setting rent rates at the onset of your 'business'.

          As for the untidy garden, have you mentioned it to them to allow an opportunity to do it themselves?

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