Section 13 Notice advice?

Section 13 Notice advice?

2:17 AM, 9th February 2023, About A year ago 11

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Hello forum, I would like some advice on section 13 notices and the correct procedure.

I have 2 flats rented to tenants who moved in six years ago currently paying £850 rent in West London, the tenants are great never had any issues with payment and they have looked after the property very well.

The issue I have is the current market rent is now £1400 (happy to agree £1300) the rent has never been increased, and the original AST is now a periodic tenancy.

I have had a chat with both tenants with regard to the increase in interest rates, section 24 etc, they would be paying market rent if they moved out etc.

However, we have been unable to come to an agreement, I understand it’s a large increase however my payments/services charges have increased a lot also.

I do not wish to evict them, however would like to know the correct process for serving section 13 notices. My understanding is they do not have to agree to the rent rise and can challenge this at tribunal.

Does anybody have experience of this please?

Once you serve the notice, do they have a certain amount of time to agree or disagree?

Thank you in advance,

Neil


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BTL Landlord

11:46 AM, 17th February 2023, About A year ago

Reply to the comment left by Stech Te at 12/02/2023 - 16:58
Thank you Forum for your comments and advice much appreciated

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