Increase rents on family in house

antrobus

patman99 wrote: »

I'm prety sure that the LL has to give notice of a rent rise. They cannot just stick it up without warning.....

I think for a periodic AST, the notice has to be in a particular format and must give one month's notice.

patman99 wrote: »

...If the renters are savvy and have been in the property for a few years, they may then go to the Rents Tribunal Service (I think that's what my friend calls it) who will then decide if the incease is actually allowed.

A "few years" would translate as 'over 36 years' if you were talking about a regulated tenancy. Although, technically speaking, even AST tenants can apply to the tribunal if they believe the rent to be 'excessive', the trouble is that (a) landlords are allowed to charge market rents for ASTs anyway, and (b) they can issue a s21 notice for any reason they like, so I've never heard of anyone going down that route.

P.S. I also believe that the OP is a 'bit made up'.:)

shortchanged_2

Firstly and most importantly I would make sure your friend has the right btl mortgage to let out to family. Otherwise your imaginary friend could find himself in a bit of cack.

27col

Pretty pointless thread if you ask me. Though I doubt that anyone will.

mayonnaise

shortchanged wrote: »

Firstly and most importantly I would make sure your friend has the right btl mortgage to let out to family.

Are there btl mortgages that don't allow to let out to family?

caronoel

floridaman wrote: »

A friend of mine who is a BTL landlord wants to increase his rent on a house a family live in. He doesn't really need the extra money just wants more profit. Anyway we were discussing it last night and he was almost foaming at the mouth at the thought of increasing the rent. We had to hold him back from going around late last night as he said he was going to scream through the letter plate fitting on the door. We managed to calm him down in the end but he is still threatening to increase the rent. Should I warn this family so they have time to start looking for a new place?

Have you been posting whilst inebriated?

Or this might be more apposite....

shortchanged_2

mayonnaise wrote: »

Are there btl mortgages that don't allow to let out to family?

Yes mayo the majority of btl mortages do not allow you to rent to family. You are supposed to have a regulated mortgage which is very different in how it considers affordability.

TheBlueHorse

what a bunch of ar5e.

ruggedtoast

27col wrote: »

Pretty pointless thread if you ask me. Though I doubt that anyone will.

Hey what do you think about... Oh, never mind.