This website uses cookies to ensure you get the best experience on our website, read about our cookie policy.
Accept Cookies
National Residential Landlords Association
Home My Account My Portfolio
Join Us Log In

Implementing rent increase
Tenancy Types and Management

Joe_889
Joe_889
0 Thanks
3 Posts
15 years ago
0
Hi

A property we recently purchased has a tenant with a 5 year AST, which started in 2005. The rent they are paying is well below market value. The AST has a clause stating "Rent can be incresed every two years".

I have noticed that the guidance notes on Section 13(2) says not to use it if the tenancy agreement contains a term allowing rent increases. What procedure should we use for informing the tenant of the rent increase?

Thanks for your help
Mandy

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.

Join Today

Have you forgotten your password?