Are two rent increases within a year possible?Make Text Bigger
I increased a rent of a few of my flats in March (pre covid nightmare!) but still to UNDER the LHA rate. Since then the LHA rate has been raised significantly, so can I raise the rent again still under the capped rate?
I questioned this with RLA precisely due to the fact this is an unusual situation as at the time I had no idea the government would raise the rate to.
Essentially I as a landlord raised the rent first for my own economic reasons – a rent review was necessary and the rent had not risen for many years before. But, if the then the benefit provider subsequently raises the limit, surely I am ‘allowed/entitled’ to raise it again to be in line with the cap?
So is it possible to raise the rent twice in the same year?
Do I need to complete another S13 and given another months notice, or can I say it is an amendment to the previous one in light of the current situation?
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