Rent increase.
Tenancy Types and Management

Jedi
Jedi
0 Thanks
32 Posts
16 years ago
0
Morning.

I intend to increase the rent charged for my properties.

I have downloaded a copy of the Section 13 form from RLA.

The rents on my properties have remained the same for 5 years now but I feel that I must increase them by £5 per week

The tenancy agreements were Assured shorthold agreements lasting for periods of 6 months.

The tenancy periods have gone past 6 months and I think the agreements are now statutory periodic tenancies.

Am I better giving a months notice of the rent increase now on a section 13 form then signing new agreements with with the tenants at the new rent amounts in a months time?

Alternatively am I better off starting new 6 month contracts now, then increasing the rent using a section 13 form?

Thank You

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.