Can I index link rents into my tenancy agreements?
8:34 AM, 16th May 2022, 4 years ago
72
Categories:
Hi all, I have just been talking to a fellow landlord and in the discussion, the question and idea came up can we index link the rent into an AST contract?
The next question is if this indexing clause was possible in the contract would you still have to serve a rent increase notice to the tenant and what would be the best option to link it to eg. Retail Price Index (RPI) or Consumer Price Index (CPI) or any other?
I would appreciate any comments or alternative ideas.
Many thanks
Chris
Comments
Have Your Say
Every day, landlords who want to influence policy and share real-world experience add their voice here. Your perspective helps keep the debate balanced.
Not a member yet? Join In Seconds
Login with
or
Previous Article
'Rent To Rent' Millionaires In The UK
Member Since June 2022 - Comments: 1
12:06 PM, 10th June 2022, About 4 years ago
Reply to the comment left by at 16/05/2022 – 09:38
Let me know more
Member Since May 2022 - Comments: 170
3:42 AM, 13th June 2022, About 4 years ago
Reply to the comment left by DSR at 25/05/2022 – 08:31
As the ONS have done the hard work for you I don’t see why you shouldn’t/wouldn’t take advantage of it. It’s giving you the information as to what has happened in the area to rents during the period of the tenancy so I cannot see how it would differ that much from having a full ‘open market rent review’. The only factor that it probably doesn’t take into account is if a type of property is more popular.