Rent increase due to Iran.

Newbie_John

I'd accept it under the agreement to lower it back when the war is over. If it's over in the next few months - good for you, if not, then look elsewhere - as you say many places are cheaper maybe it's time to find something better.

saajan_12

https://forums.moneysavingexpert.com/discussion/comment/81945194#Comment_81945194

This is nonsense btw - any increased costs and inflation due to the war will likely last long beyond any ceasefire, as the world re-starts the oil flow and shipping routes, fixes damaged infrastructure, replenishes supplies, etc. In this case the war is likely just an excuse given market rents (excluding utilities) are not too affected. If you agreed, the LL would have another excuse eg inflation / oil price still high straight after the war ends.

theartfullodger

https://forums.moneysavingexpert.com/discussion/comment/81944793#Comment_81944793

Does the tenancy state Whatsapp messages are permitted for tenancy changes?? £5 says it doesn't.

He really sounds like a bonkers loonie. Send him a formal letter proposing a 10% rent reduction from current deal. He won't know how to respond.

Grumpy_chap

https://forums.moneysavingexpert.com/discussion/comment/81947493#Comment_81947493

Well, the LL might just serve S21, assuming they can do so and with validity.

A similar thing happened to one of my friends who is a LL. They have a good T, looking after the property and always pays on time. The T had a change in financial circumstances so asked for an adjustment to the rent.

My friend decided to serve S21 and now bemoaning the stress of the situation.

I am also a LL. I would have sought to make a deal.

Regardless, the OP's LL seems to be making illogical connections between global events and local rental market.

martindow

A few posters have suggested fairly blunt responses. I think I would try to be firm but polite no matter how ludicrous the LL's reasoning for a rent increase.

S21s end on May 1st I think, which will make it much harder for LLs to make retaliatory evictions. It is in the OP's interest to keep things amicable, at least for this month …

Xenon

He is at it and trying to take you as a mug with that pathetic excuse.

RelievedSheff

https://forums.moneysavingexpert.com/discussion/comment/81950305#Comment_81950305

Or he has had to remortgage and found he is now on higher rates?

Rates have crept up in the last few months. We fell lucky and secured a rate of 4.04% in January before the Iran war kicked off. For the same deal with the same lender now the rate is 5.29%. Quite the increase!

Grumpy_chap

https://forums.moneysavingexpert.com/discussion/comment/81953261#Comment_81953261

But totally irrelevant.

The rental rate is set by the rental market, not the LL's mortgage rate.

horsewithnoname

ah well, the orange one has sorted it now, so no rent rise required? 🤔😁

HobgoblinBT

Now there is a ceasefire,will has your Landlord offered to reduce the rent back to its original pre-war level?