11:13 AM, 10th October 2022, About A year ago 3
Hello, In recent months I purchased several residential rental investments in Wales.
The rents for a few of these are currently significantly below market value.
When I purchased these, it was my intention to ease the rents up over the next 12 to 18 months, unless there was a change of occupier.
As it is now being suggested that there could be a rent freeze in Wales, I don’t want to become a victim of my own good fairness, so now have to consider increasing the rents much sooner.
I would be interested to know people’s thoughts on possible time scales should the Welsh government impose a rent freeze.
Previous ArticleUnintended consequence of the mini-Budget is a renter demand boom
Next ArticleDo I have to take my gate down?