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Renting: Monthly Rent raised by nearly 20%!!!
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It will be a new tenancy with a new contract. Therefore, they should be able to change the rent. They are just offering the place to you first before putting it on the market.FREEDOM IS NOT FREE0
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With insufficient notice they can't expect the rent increase until the following month. That is if it is an AST that has become periodic and the rent increase has been informed to tenants in the correct format.
If there is a new AST being signed by a new tenant then there are no notice requirements; you either sign up or don't take the property. Though if tenants are currently in the property they would have had to be served a section 21 notice to leave at the end of the AST.
Section 21 notice (to leave at end of AST or to leave at end of monthly rent period on periodic AST) requires 2 months notice (2 mths from a rent day).
Notice of rent increase (section 13) requires 1 month notice (from rent day). If you don't want to accept the rent increase you can:
a) negotiate with landlord
b) refer the matter to rent assessment committee within 28 days and notify landlord you are doing so, (rent could go up down or stay the same),
c) give 1 months notice (from rent day) to leave property.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
the actually contract expires...all of it on 4th July. It's a year contract,six months fixed and then if you want to move out after that you have to give a months notice.
As of 4th July I am no longer on the contract
But the contract does not expires - not if you signed a 6 months AST, it will be the same contract but periodic! Unless you leave (all tenants).
And it's a joint agreement - so one of you can't just be out of the contract.
then if your contract is not a 6 months AST it's different.
I'm not saying that they gave you proper notice etc etc for the rent increase but I wanted to point out the above anyway.
SO either you sign up new contract (= rent increase) or you leave or you don't sign and go into periodic (=rent can't be increased for time of notice, more time for you to find new accommodation, =new tenant not on contract but the original persons are...)
but then if you decided to move, the LL might change idea about rent increase anyway
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