£25 a year rental increase?

ThePants999

Yeah, I agree with that. If you signed a contract saying you'd pay me a tenner every time the sun rises, it wouldn't matter that I had nothing to do with the sun rising, or that I could do nothing to stop it, and obviously the sun would rise regardless of whether you actually paid me - but you'd still owe me.

G_M

I can see the arguement.


But I'd love to be in court on the day the landlord sued the tenant for the renewal fee where a SPT arose.

System

"1. can they charge to move to a periodic tenancy? Yes"


I would have thought no, Statute Law supersedes Contract Law so although the tenancy agreement was signed with this clause in place and a fixed term automatically goes periodic as laid out in law at the end of the term then I would have thought this fee is not enforceable.

martindow

SmashedAvacado wrote: »

if it says annual, then it will be interpreted as annual

so if you are happy with a £25 per year increase, i would not object to this as you may find they spot the mistake and ask for £25 per month increase

But it says a minimum of £25. The OP would probably not mind an extra £25pa but the actual sum is unspecified.


Is the agent's thinking that by specifying in advance that the rent will rise annually they can impose charges on the T and LL for new annual contracts?

Grezz24

it must be a yearly rental increase. Not a chance they would get someone in on a monthly rental increase as by the end of year one your rent could have doubled.