Rent Change

Welcome to Home Relief Bulletin Board

Post No. 219

by Your Freelance e-Property Letting Agency

Rent Increase versus Rent Decrease

Our work about the relationships between landlords/ladies and tenants continue this week with rent change.  Rent change does not need to go always in the direction of increase.  It can be decreased depending on the circumstances. 

For example, during the COVID-19 lockdowns, some landlords/ladies reduced their rent to reflect the financial hardships their tenants were experiencing.

Having said that we will be dealing with an area of the relationships between the desire of a landlord/lady to increase the rent and tenants’ dispute about the justification of a rent increase; tenants instead asking for rent reduction. 

Disagreement over rent change

Rent increase  is an issue which can result in tenancy crisis between the two contractual parties whereby landlords/ladies want to increase the rent of their rented property while the tenants living in that property argue that there is no justification for rent increase since the conditions of the property have not changed or been improved.  Tenants can even seize this opportunity to request rent reduction.

Case studies

Home Relief came across a case of landlord who complained and told us this:

“It is now three years since these tenants moved in my property and they are still paying the same level of rent.  Yet, the market rent has gone up for similar properties in the local area according to a recent rent valuation.  I am still receiving the same amount of rent since they moved in”.

We mediated in discussing the matter with the tenants informing them the landlord’s intention to increase rent.  They argued this:

“We do not see why he wants to increase the rent.  Since, we moved in his property, it is still in the same conditions.  He has never improved the conditions of his property and whenever we have maintenance issues, he barely responds.  All he does collecting his rent and now he wants more money”.

As the above example shows, one side wants to increase the rent while the other side does not want to pay for the increase without any sound justification.

Legal channel for rent increase

Depending on the type of tenancy, if the landlord/lady wants to increase the rent there are rules.  The tenant can disagree with the landlord’s/lady’s decision to increase the rent.  Where there is disagreement, there is also an opening for negotiation to reach an agreement.  If the two parties fail to reach an agreement on this matter, then they can explore other means to resolve their disputes.

Working with landlords/ladies over rent change

This week, we are working with both parties on the rent change.  With regard to landlords/ladies, we will be working with them on the following matters:

√ The rules for rent increase/decrease

√ Rent increase/decrease policy

√ Landlords/ladies’ contractual obligations which will include maintenance of their property

√ Rent review policy and practices

√ How to fix the rent in a changing rental market or how to reflect the change of rental market conditions into the rent determination   

Etc.

Working with tenants/renters over rent change

With the tenants, we will work on the following:

What to do about rent increase/decrease

√ Tenants’ contractual obligations as provided by the tenancy agreement

√ How to reach an agreement with a landlord/lady on the rent increase/decrease issue

Etc.

Rent change surgery

In this matter of rent increase, there is no one size fits all.  We will be dealing with individual cases.  We will discuss each case of rent change individually.  Every case will be treated on their own merits.   

Extra help and support 

We shall work with both landlords/ladies on available support on rent change issue, which could include: support such as Citizen Advice Bureau, where to get help to pay rent for tenants, appeal to a tribunal for a rent complaints, housing help from the local council, etc.

We shall as well share resources (both in print and online) concerning rent change.

Have some problems about rent change 

If you are a landlord/lady and have some problems in changing the rent of your rented property, please work with Home Relief to sort out the matter. 

If you are a tenant and disagrees with the rent increase asked by your landlord/lady and do not know what to do, please work with Home Relief.

Looking for an affordable location and home 

If you are looking for an affordable location and home, Home Relief is the people dealing with affordable homes you could consider in your property searches and enquiries.

For more information about our property service to home buyers and tenants, please go to https://homerelief.co/tenants/

For more information about our property service to home sellers and landlords/ladies, please go to https://homerelief.co/landlord

For properties to rent and let, please go to https://homerelief.co/property-search/

For weekly property news and updates, please read our weekly posts.

Thank you for reading this post.

We look forward to receiving your regular visits to Home Relief website and to doing business with you throughout the year.

Many thanks!

Home Relief – freelance e-property people dealing with affordable homes

 

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