rent rises/landlord

begbeer

Just out of interest how often do you as a landlord increase the rent on your properties, have read somewhere that councils put theirs up every year

Guitar

My rent has gone up around 4% each year, except last year. I'm wondering if the landlord will increase this year, it might prompt me to move out because they are loads of To Let signs up for nicer flats for the same or cheaper rent.

LeeSouthEast

When I was renting, the rent went up once in 3 years, and fortunately only by £25/mo. Depends on the landlord I guess.

Geenie

I haven't put my rent up for some years, but then again I am very fortunate to not have mortgages on the homes I let. The rent is pitched low for what they are as well, because we want to get good long term tenants, young families, who will look after the place and contribute to the local school and community. I know this is not feasible though for those with mortgages, so not at all suggesting I am the norm, or even probably business like.

But experience from the past has shown in our circumstances, that if you pitch the rent too high, you get less candidates to choose from, and more demanding tenants, often from Cities, who ring up every 5 minutes because there are flies in the kitchen or bats in the loft! A norm living in the country.