Tag: Rent increase

Struggling landlords are selling up to avoid insolvency

Author: Property118.com Landlord News Team

18th April 2024, 2 years ago | 11

A surge in buy to let landlords exiting the private rented sector (PRS) is being fuelled by an increase in...

Rent increase paperwork dilemma?

Author: Readers Question

2nd April 2024, 2 years ago | 13

Hi, I want to make a 5% rent increase for tenants who are on assured shorthold periodic tenancies. I have...

LHA increase – BAP and S13 confusion?

Author: Readers Question

1st February 2024, 2 years ago | 8

Hello, I am trying to prepare in advance of 1st April when the new LHA rate is applied. According to...

Scotland – Tenant bringing up notice after I failed to sell?

Author: Readers Question

30th January 2024, 2 years ago | 17

Hi, I served notice to my tenant last year and she gave me 28 days notice and vacated. I wanted to...

ONS data exposes UK’s soaring rent prices

Author: Property118.com Landlord News Team

5th December 2023, 3 years ago | 4

New data paints a picture of a widespread surge in rental prices across the UK. The ONS has published for...

Rent increase according to inflation?

Author: Readers Question

15th November 2023, 3 years ago | 40

Hi, I have asked my tenant for a rent increase from £800 to £1100. But she is blaming now that...

Mayor of West Yorkshire blasts landlords for raising rents

Author: Property118.com Landlord News Team

6th October 2023, 3 years ago | 101

The mayor of West Yorkshire has launched a scathing attack on landlords, in a new interview. Labour mayor Tracy Brabin...

Rents hit new record-breaking high

Author: Property118.com Landlord News Team

18th September 2023, 3 years ago | 15

The average rent in Great Britain has now passed £1,300 for the first time in a decade, according to new...

Tenants refusing to accept rent increase!

Author: Readers Question

9th August 2023, 3 years ago | 49

Hi, I am facing issues with implementing rent increases. The tenancies are AST that have rolled on to periodic tenancies...

S13 notice after soft enquiry?

Author: Readers Question

28th July 2023, 3 years ago | 10

Hi everyone, If you enquire on a ‘soft basis’ as to a tenant’s agreement to a rent increase, and that...

Most landlords will raise rents if mortgage costs rise

Author: Property118.com Landlord News Team

27th July 2023, 3 years ago | 0

Most landlords – 61% – said they would raise rents to meet rising mortgage costs, a survey reveals. The study...

Tenant has stopped paying rent!

Author: Readers Question

17th July 2023, 3 years ago | 168

Hi all – newbie here and what a mess I’m in! I stupidly rented my house out feeling sorry for...

Rent increase during assured shorthold tenancy?

Author: Readers Question

20th June 2023, 3 years ago | 4

Hello, like thousands of others, the monthly interest payments on my one and only rental property have more than doubled...

Landlords warned over new rent review procedures

Author: Property118.com Landlord News Team

6th June 2023, 3 years ago | 5

Landlords are being warned that the proposed Renters’ Reform Bill means understanding the new rent review procedure or risk not...

UK’s rental market soars: Record highs and regional disparities

Author: Property118.com Landlord News Team

5th June 2023, 3 years ago | 4

Landlords and tenants in the UK have witnessed average rent costs for a new tenancy rocketing by 10% year-on-year, reaching...

Rental sector is ‘primed to heat up’ this month

Author: Property118.com Landlord News Team

2nd June 2023, 3 years ago | 0

Rent prices across England increased for the fifth consecutive month in May, signalling a strong market demand as the summer...

Section 13 rent increase?

Author: Readers Question

24th May 2023, 3 years ago | 14

Hello, What can you do when a tenant just ignores a Section 13? If he/she takes it to a Tribunal...

A third of renters are spending more than 50% of their wages on rent

Author: Property118.com Landlord News Team

24th May 2023, 3 years ago | 8

Research reveals that 81% of renters in the UK are spending more than 30% of their take-home pay on rent...

Rent increase – tenant won’t pay?

Author: Readers Question

11th April 2023, 3 years ago | 24

Hello, Today I increased the rent on a flat from £1,400 to £1,600, effective 1 June 2023, which is the...

More than half of rents in the PRS have risen in the last year

Author: Property118.com Landlord News Team

29th March 2023, 3 years ago | 10

“Runaway rents” are crushing the finances of tenants, according to Hargreaves Lansdown. A report by the Office for National Statistics...