Question

Changing the Rent (England) | During the Tenancy (England) | England

Rent increase %

4 May 2021 | 1 comment

On 20th July 2021 , my tenants will have been in place 2 years.

I am contemplating a rent increase of £30 from £1075 to £1105 a 2.8% increase.  This will be the first rent increase since they moved in 20 July 2019. New electrical statuary compliance costs have taken their fiscal toll in the last few months.

Does this rent increase seem fair and reasonable?

Thanks and regards  Roger Holtby

Answer

1 Comment

  1. guildy
    guildy on 04/05/2021 at 4:44 pm

    There isn’t any particular answer because there’s no rent control except it should be market rent (or at least not substantially above market rent).

    As such, if your proposal is a market rent, it will be fine.

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