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Can my landlord keep increasing my rent every year?
cazb317
Posts: 5 Forumite
Hi,
Ive lived in my flat for two years and want to resign my contract but the landlord wants to put the rent up by £25. The rent was increased last year when i resigned by £30. My letting agents have changed from the first year to the second and the first year i was told all the rents in the building were being increased and this time I asked if there was any room for negotiation and the letting agents said no because the landlord had changed letting agents to manage the property.
My pay doesnt increase this much each month and Im already on a really strict budget so I wanted to know if my landlord can just keep increasing the rent every year so it could get to the point where im paying loads more than I originally was?
Ive lived in my flat for two years and want to resign my contract but the landlord wants to put the rent up by £25. The rent was increased last year when i resigned by £30. My letting agents have changed from the first year to the second and the first year i was told all the rents in the building were being increased and this time I asked if there was any room for negotiation and the letting agents said no because the landlord had changed letting agents to manage the property.
My pay doesnt increase this much each month and Im already on a really strict budget so I wanted to know if my landlord can just keep increasing the rent every year so it could get to the point where im paying loads more than I originally was?
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Comments
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Yes, they can do that.0
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This post here should answer your question.0
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Everything goes up every year I'm afraid, an increase £25 a year is not bad to be honest.
What rent do you pay and what is the percentage of the increase.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
True Pastures, but only part of the story.PasturesNew wrote: »Yes, they can do that.
eg move to SPT...?
OP - check the level of rents for other similar properties in the area to help with your negotiation.0 -
Everything goes up every year I'm afraid, an increase £25 a year is not bad to be honest.
What rent do you pay and what is the percentage of the increase.
I read it as a month not a year increase. If so thats quite a lot.Life is not the way it’s supposed to be. It’s the way it is. The way you cope with it is what makes the difference.0 -
angelsmomma wrote: »I read it as a month not a year increase. If so thats quite a lot.
Yes its an extra £25 a month increase.
My rent now is £525 for an unfurnished one bed flat.
The first year I moved in it was £495.0 -
So a 6.1% increase last year and a proposed increase of 4.8% this year, while the annual inflation at May was 2.8% ... and most annual payrises won't match (let alone exceed) inflation :eek:You were only killing time and it'll kill you right back0
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Am I reading this wrong.
Up £30 first year
Up £25 second year.
equals £55 so
Rent was 495 when you moved in 2 years agao and is now £525 thats only a £30 increase over 2 years.
Im confused.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Check the rents on similar properties as G_M said then negotiate with the landlord direct.
I would be looking to move if they don't budge on the rent. I would not be signing a new agreement just go onto a spt then when you find somewhere else you only need to give a months notice.
I am a landlord myself and would not want a good tenant moving out.Life is not the way it’s supposed to be. It’s the way it is. The way you cope with it is what makes the difference.0 -
Am I reading this wrong.
Up £35 first year
Up £25 second year.
Rent was 495 when you moved in 2 years agao and is now £525 thats only a £30 increase over 2 years.
Im confused.
Yes its a per month increase, £30 a month increase is too muchLife is not the way it’s supposed to be. It’s the way it is. The way you cope with it is what makes the difference.0
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