Rising rents can put pressure on landlords and tenants alike. Understanding the legal framework and market realities is key to managing rent increases properly.
Legal Requirements
- Rent can only be increased once every 12 months
- At least 60 days’ written notice must be given
- Rent increases must be reasonable and reflect the current market
What Is Reasonable?
Market rents fluctuate based on location, property condition, and supply-demand. Excessive or frequent increases risk tenant dissatisfaction and vacancy.
How Rentall Helps
We track rental market data regularly, advising landlords on optimal timing and amounts for increases. We handle notices and communications professionally to maintain positive relationships.
Tenant Options
If tenants consider an increase unfair, they can apply to the Tenancy Tribunal for a review.
Want to get rent right the first time? Contact Rentall to set fair, legal, and market-aligned rents.
No responses yet