Proposed rental increase

1 Thanks
10 Posts
14 years ago
Hi I would like some advice on how much to increase the rents on flats that we own. The rent has not been increased for 2 years as we were planning on fitting double glazing and carrying out other works to building and felt it would be better to wait until the properties were improved. Do you have a suggested percentage increase that you could recommend. We have done some research locally but the rental values vary tremendously so it is confusing what would be deemed to be reasonable.

Many thanks for your help
Georgina Gough

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.