Question

Changing the Rent (England)

RENT INCREASES

10 Feb 2017 | 1 comment

I HAVE TWO PROPERTIES RENTED OUT BOTH HOUSES HAVE LONG TERM TENANTS WHO HAVE BEEN GREAT BUT I HAVE NOT INCREASED THE RENT FOR 7 YEARS. THEY ARE PAYING £675.00 MONTHLY. IS THERE A LIMIT AS TO THE INCREASE IN ONE GO I CAN DO. I WAS HOPEING TO PUT BOTH UP TO £700.00
THANKS
TERRY DAVIDSON

Answer

1 Comment

  1. guildy
    guildy on 10/02/2017 at 3:09 pm

    There is no limit – just that it be a market rent.

    Please see this guidance for full details on how to increase the rent on an assured shorthold tenancy.

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