Increasing Rent - Periodic AST

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Increasing Rent - Periodic AST

    Hi

    I have tenants who are currently on a periodic AST, I want to leave it this way, however, I do want to increase the rent. Is it OK to send a letter stating the rent will be increased as of such and such date, the new amount will be X. Other than the new revised rent, all other terms remain unchanged. Or, should I do the official S13?

    Many thanks
    Claymore

    #2
    Yes it is fine to increase in the periodic phase of a tenancy but once a year max. Depending on the tenant I would either do letter or letter and S13 notice.

    A couple of my tenants are slightly on the litigious side and one is on pension credit so I always do the belt and braces job there and I encourage her to show it to her support worker (what ever that is).

    I always give at least 2 months notice before I expect the new rent to be paid - an always difficult about this time of year. I usually try to increase in spring/summer when they are enjoying life at the property more. Just a bit of psychology.



    Freedom at the point of zero............

    Comment


      #3
      Originally posted by Interlaken View Post
      Yes it is fine to increase in the periodic phase of a tenancy but once a year max. Depending on the tenant I would either do letter or letter and S13 notice.

      A couple of my tenants are slightly on the litigious side and one is on pension credit so I always do the belt and braces job there and I encourage her to show it to her support worker (what ever that is).

      I always give at least 2 months notice before I expect the new rent to be paid - an always difficult about this time of year. I usually try to increase in spring/summer when they are enjoying life at the property more. Just a bit of psychology.
      Thanks Interlaken. I want the rent increase to take place in early March. I guess it's a bit rotten to give them advance notice now - being so close to Christmas (plus they might forget with all the Xmas excitement!). I shall post the letter at beginning of January and then they have at least two months notice.

      Comment


        #4
        I increase rents on tenancy anniversaries... that just makes more sense to me, personally. Agree about not sending the notice just before Christmas, though... try a card instead.

        Comment


          #5
          Originally posted by Hippogriff View Post
          I increase rents on tenancy anniversaries... that just makes more sense to me, personally. Agree about not sending the notice just before Christmas, though... try a card instead.
          Well, actually I did consider sending the letter in with the card to save a postage stamp.......Not

          I'm actually timing the rent increase so that it is due on their 2nd anniversary of being at the property. They are way below market value so I don't expect any problem with the increase.

          Comment


            #6
            What is current rent and proposed increase?

            Comment


              #7
              Surely there is nothing stopping the landlord making a request to tenant/informing them that the rent has gone up more often that once a year: If tenant agrees & starts paying all well & good.

              Ditto there is nothing stopping the tenant making a request to landlord/informing them that the rent has gone down more often that once a year: If landlord agrees & accepts reduced payment all well & good.
              I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

              Comment


                #8
                Section 13 increases are limited to one a year.
                When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
                Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

                Comment


                  #9
                  Originally posted by jpkeates View Post
                  Section 13 increases are limited to one a year.
                  Almost agreed: But not exactly a year....
                  http://www.legislation.gov.uk/ukpga/1988/50/section/13

                  My point is that there is afaik nothing stopping increases(or decreases) outwith the S13 mechanism, more frequently. "Dear Mr Tenant: Hope you've enjoyed your first 3 months in your new home: The rent is going up £100/month from next rent day".
                  I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

                  Comment


                    #10
                    Provided you're outside the AST (unless it's in the TA) I agree.
                    When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
                    Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

                    Comment


                      #11
                      Originally posted by theartfullodger View Post
                      My point is that there is afaik nothing stopping increases(or decreases) outwith the S13 mechanism, more frequently. "Dear Mr Tenant: Hope you've enjoyed your first 3 months in your new home: The rent is going up £100/month from next rent day".
                      Yes, landlord and tenant can agree to change the rent at any time. If the tenancy is periodic and the tenant agrees then it 'saves' your s.13 'budget'.

                      Of course, the important words are 'If the tenant agrees'. So your wording is a tad misleading for the tenant.

                      Comment

                      Latest Activity

                      Collapse

                      • Reply to My tenant lied to me
                        by nukecad
                        As it's UC then as a landlord you need to submit a form UC47 to apply to the DWP for a 'Managed Payments to Landlord', which can include an amount for arrears.
                        However any repayment of arrears granted will be on a 'pay back at so much a month' basis.

                        UC47's can now be submitted online....
                        03-06-2020, 15:51 PM
                      • My tenant lied to me
                        by Uklondoner
                        My tenant lied to me saying he missed the first universal credit payment. But actually according to one of my friend the payment normally only take two weeks to come directly to the bank account. What can I do? Can I find a way to let the universal credit directly make overdue rent payment? I really...
                        03-06-2020, 09:54 AM
                      • Reply to Access to sheds
                        by endymion
                        Well, partly, but mainly I'm considering whether the sheds would have to be explicitly excluded from the tenancy in the AST. It's a question of what would be considered the default position in law....
                        03-06-2020, 14:53 PM
                      • Access to sheds
                        by endymion
                        Hi. We have been renting a flat for the past decade under an Assured Shorthold Tenancy. The flat is one of five in a single block. The back garden contains a large outbuilding comprising ten sheds. Implicitly, then, two sheds per flat. The inventory does contain the wording 'Garages, Sheds, Outbuildings:'...
                        03-06-2020, 10:09 AM
                      • Reply to Access to sheds
                        by endymion
                        Interesting. I'll have to cross that bridge when I come to it. Nonetheless, if the deeds stipulate that the sheds are part of the flat, rather than communal, surely that's quite a different matter....
                        03-06-2020, 14:52 PM
                      • Reply to Access to sheds
                        by MdeB
                        I believe the OP is coming from the position of:
                        • The LL has granted us the right, beyond the tenancy agreement, to use two sheds.
                        • Would the law consider that having granted that use, the LL cannot unilaterally withdraw the use of those sheds?
                        ...
                        03-06-2020, 14:48 PM
                      • Reply to Electrical Safety Certificate EICR
                        by MdeB
                        The Government guidance suggests not (under "What will the report show?").
                        C1, C2 and F need action; C3 does not (C3 is "safe but not to current standards for new installations"...
                        03-06-2020, 14:38 PM
                      • Electrical Safety Certificate EICR
                        by Ozzie11
                        Hi

                        I noticed a new law means landlords need to arrange an EICR for new tenancies after July 2020 or before April 2021.

                        Please can I get some advice on this? I started a tenancy in May 2020 - this is due to expire in November 2020. However it is likely the tenancy will be renewed...
                        01-06-2020, 10:42 AM
                      • Reply to Access to sheds
                        by AndrewDod
                        There may or may not be a lease in that case. But there might be. If there is a lease, then it makes no difference that the lessee and freeholder happen to be the same people. If there are no leases, I cannot see that you have any particular rights beyond the flat that you lease. The presumption in...
                        03-06-2020, 14:30 PM
                      • Reply to Mould/witholding rent/C19 eviction rights
                        by jpkeates
                        Yes, the tenants have to take reasonable steps.

                        But the OP didn't mention fans or ventilation and did mention opening the windows "when" bathing or cooking....
                        03-06-2020, 14:25 PM
                      Working...
                      X