Regulated Tenancy

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    Regulated Tenancy

    Time to ask a question.

    I inherited a rented property with Regulated Tenants (pre 1989 T) with no original agreement paperwork other than understanding that rent increases required Rent Officer to set a fair rent. After imposition of the fair rent RPI calculation several years ago, I appealed the RO determination and the lay assessors actually reduced the fair rent due to lack of d/g and full gch, which they determined was a reasonable expectation of a 2000 tenant in a 1900 terrace. Currently the property is yielding ~50% of current market rent for area/HB with AST.
    The original Ts are still in occupation and I have no desire to evict or fimamcially penalise other than obtain reasonable HB as they qualify.
    Can I legit set aside Reg T in favour of an AST? How?

    #2
    Originally posted by mariner View Post
    Time to ask a question.

    I inherited a rented property with Regulated Tenants (pre 1989 T) with no original agreement paperwork other than understanding that rent increases required Rent Officer to set a fair rent. After imposition of the fair rent RPI calculation several years ago, I appealed the RO determination and the lay assessors actually reduced the fair rent due to lack of d/g and full gch, which they determined was a reasonable expectation of a 2000 tenant in a 1900 terrace. Currently the property is yielding ~50% of current market rent for area/HB with AST.
    The original Ts are still in occupation and I have no desire to evict or fimamcially penalise other than obtain reasonable HB as they qualify.
    Can I legit set aside Reg T in favour of an AST? How?
    NO

    http://england.shelter.org.uk/get_ad...ated_tenancies

    And the only way your get a increase in rent is if you refurbish there house/flat even then the maximum increase will only be 15% on the existing rent.

    http://www.voa.gov.uk/fair_rent/index.htm
    Thunderbirds are go

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