Landlord wants to raise my rent nearly £200 what to do?

G_M

Originally Posted by ognum
Read your contract, is there a clause in it that limits rent rises to a certain percentage of the rent currently being paid.

GDB2222 wrote: »

Number 1, there won't be.

Number 2, as this is past the initial period, the landlord will just serve a S21 notice.

The new agents are just doing their job.

1) There might be. If there is, the original terms of the contract still apply in the subsequent periodic tenancy

2) The LL might serve a S21. Until OP establishes what the tenancy agreement says, and what the LL's response to discussion is, this is conjecture. As pointed out, most LL's dislike evicting reliable tenants

The new agents are doing their job assuming

a) they've been instructed by the LL to raise the rent, and
b) they'vepointed out to their client (the LL) whatever terms there are, or aren't, in the tenancy agreement - which the OP has yet to establish

Cakeguts

Crashy_Time wrote: »

Hard to believe that a landlord would miss out on 200p.m for 5 or 6 years, are you sure they are all let?

Manchester is booming. Rents and buying prices have been rising slowly for years. £575 sounds cheap to me for a 2 bed anything in Manchester city centre.

OP do you need 2 beds? Could you downsize to something cheaper further out?

Crashy_Time

http://www.rightmove.co.uk/property-to-rent/property-65239043.html


Chances of becoming homeless due to "rising rents and high demand" is still non existent though, in most parts of the country? Brexit should see some serious downward pressure on rents IMO.

Cakeguts

Crashy_Time wrote: »

http://www.rightmove.co.uk/property-to-rent/property-65239043.html


Chances of becoming homeless due to "rising rents and high demand" is still non existent though, in most parts of the country? Brexit should see some serious downward pressure on rents IMO.

Manchester not much affected by Brexit. Local economy. Commuting distance to Manchester rents are lower.

Crashy_Time

Cakeguts wrote: »

Manchester not much affected by Brexit. Local economy. Commuting distance to Manchester rents are lower.

How do you know this, I believe it hasn`t yet been triggered?

Crashy_Time

...But yes I agree much cheaper rent than those city centre flats should be easy enough to find.

always_sunny

Crashy_Time wrote: »

How do you know this, I believe it hasn`t yet been triggered?

Just now, Brexit or not, do you believe that the 64M people in the UK will suddenly go somewhere else?

Crashy_Time

always_sunny wrote: »

Just now, Brexit or not, do you believe that the 64M people in the UK will suddenly go somewhere else?

Not sure, but some landlords don`t appear to care either way....


https://www.landlordtoday.co.uk/breaking-news/2017/3/trade-body-fears-mass-sell-off-of-buy-to-let-properties?source=related_articles

GDB2222

G_M wrote: »

1) There might be. If there is, the original terms of the contract still apply in the subsequent periodic tenancy

2) The LL might serve a S21. Until OP establishes what the tenancy agreement says, and what the LL's response to discussion is, this is conjecture. As pointed out, most LL's dislike evicting reliable tenants

The new agents are doing their job assuming

a) they've been instructed by the LL to raise the rent, and
b) they'vepointed out to their client (the LL) whatever terms there are, or aren't, in the tenancy agreement - which the OP has yet to establish

I have never seen an AST that limits the rent rise, but yes you are right and there might be such a clause in this case.

And yes you are right that the LL may not want a rent rise.

And should you mention that pigs can fly, I'd have to agree that you could be right about that, too.

cashmonger

G_M wrote: »

1) There might be. If there is, the original terms of the contract still apply in the subsequent periodic tenancy

2) The LL might serve a S21. Until OP establishes what the tenancy agreement says, and what the LL's response to discussion is, this is conjecture. As pointed out, most LL's dislike evicting reliable tenants

The new agents are doing their job assuming

a) they've been instructed by the LL to raise the rent, and
b) they'vepointed out to their client (the LL) whatever terms there are, or aren't, in the tenancy agreement - which the OP has yet to establish

I just looked in the old agreement. They wouldn't give me one for 2015-16 as they said they were 'waiting for the landlord to sign it' and it expired in July 2016 anyway and they never asked to renew but I was told on here it will be 'rolling tenancy' month by month.

Anyhow I looked in the last one I get and there is nothing about rent increases.