Rent increases are a sensitive topic for tenants and landlords alike. Done correctly, they help keep rental income aligned with market value while avoiding disputes.
What the Law Says
Under the Residential Tenancies Act:
– Rent can only be increased once every 12 months (for most tenancies)
– Landlords must give at least 60 days’ written notice
– Increases must be fair and in line with market rates
Failing to follow these rules could result in a Tenancy Tribunal claim.
How Rentall Handles Rent Reviews
We take a data-driven approach. Every year, we review:
– Comparable properties in your area
– Current demand and vacancy rates
– Property condition and upgrades
We advise landlords on appropriate increases and send formal notice letters to tenants on their behalf.
Tips for Landlords
– Avoid frequent, large jumps—tenants may leave
– Consider improvements made before increasing rent
– Be prepared to justify the amount
For Tenants
– You can request a rent assessment from Tenancy Services if you feel the increase is unfair
– Rentall always communicates increases clearly and well in advance
Stay compliant and fair with Rentall’s professional rent management. Contact a Rentall agent to learn more.
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