Rent Increases &Tenancy Deposit Scheme
Tax Planning and Financial

NRLA Advice Line
NRLA Advice Line
15 years ago
0
The most efficient way to increase the rent is to discuss this with the tenant and then issue a new tenancy from the next rent due date.
A rent increase clause in the agreement is interpreted strictly and if it leads to a lower rent than you could achieve then you lose out.If you do not revew, depending on wording you may have lost that years rent increase.
I do not recommend a s13 notice as the instructions are complex and the Rent assessment committee ca get involved and you may not get any rent increase.
Increasing the rent does mean theoriginal deposit goes into a TDS scheme

Dave A

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