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Rent Increase

AlanB1979
AlanB1979 Posts: 17 Forumite
First Anniversary First Post
in House buying, renting & selling
I hope this is the correct place for this question, feel free to move if not!

Apologies in advance, its a bit of a long one...

So myself and 4 housemates rent a house in North London. Its an annual tenancy.
Our current tenancy is finishing in 9 days, end of April.

We got notice today from the agent that the landlord intends to increase the rent as part of the new tenancy. He does not know by how much only that the landlord intends to increase the rent.

What are our options here? How much notice must be given for a rent increase for an annual tenancy considering the tenancy is due to finish next week and we would like to stay on in the house. Also should we be given notice that they intend to renew the tenancy?

If we do not agree to the increase what can they do? If they ask us to vacate the property then what is the required procedure they must follow? I heard about a section 21 and two months notice, can anyone elaborate on this?

Lastly one of the house-mates decided to move out recently(leaving end of April), we advertised the room at the current cost however this is likely to increase now.
We offered the room to someone last night and they accepted. We now have to tell them about the increase. If they decide not to take the room because of this then what are our options as we don't feel we should cover the cost of the extra room between the rest of us (assuming we cant get anyone to take it over)

Any help greatly appreciated!

A

Comments

  • wealdroam
    wealdroam Posts: 19,181 Forumite
    First Anniversary Name Dropper First Post Combo Breaker
    This thread would be better placed on
    The House Buying, Renting & Selling Board
  • unholyangel
    unholyangel Posts: 16,863 Forumite
    Name Dropper First Post First Anniversary
    https://www.gov.uk/private-renting/rent-increases

    That page will get you started (you'll also want to check what your tenancy says about what happens at the end of the fixed term/increases in rent) but as above, the housing board will probably be able to give you better advice than we could.

    As for the new roomie - you're likely on a hiding to nothing. Assuming your lease wasn't already renewed under the old price, then you's were always going to be facing the possibility of someone not wanting to pay the increase.
    You keep using that word. I do not think it means what you think it means - Inigo Montoya, The Princess Bride
  • AlanB1979
    AlanB1979 Posts: 17 Forumite
    First Anniversary First Post
    Will a mod move it or should i move it?

    thanks
  • bod1467
    bod1467 Posts: 15,214 Forumite
    Contact a Board Guide to get this moved.
  • AlanB1979
    AlanB1979 Posts: 17 Forumite
    First Anniversary First Post
    New here so no idea how to contact a board guide, would appreciate some help!

    Thanks
  • wealdroam
    wealdroam Posts: 19,181 Forumite
    First Anniversary Name Dropper First Post Combo Breaker
    edited 21 April 2016 at 3:11PM
    AlanB1979 wrote: »
    New here so no idea how to contact a board guide, would appreciate some help!

    Thanks
    Our board guide hasn't logged in for a month now, so I have asked the Forum Team to help you.

    Edited to add:
    I did ask The Forum Team to move your thread to the Housing Board, where I hoped you would get more informed responses.

    Unfortunately, for some reason it got moved to The Citizens Advice Housing Benefit Board - a board that is closed, so that no-one can reply. :o

    So sorry that you have now found it necessary to start a new thread in the Housing Board.

    Good luck with your issue.
  • AlanB1979
    AlanB1979 Posts: 17 Forumite
    First Anniversary First Post
    Cheers, appreciate the help!

    A
  • AlanB1979
    AlanB1979 Posts: 17 Forumite
    First Anniversary First Post
    Found out agent is calling over tonight so I am going to C&P it into other forum as need to get some answers asap!

    Maybe the mod can delete this thread?

    Thanks

    A
This discussion has been closed.
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