Rent increase

[enfieldspares]

On 14/12/2023 at 11:14, ditchman said:

i wont contest it this year....but if it goes up again next year......i will ..as i pay upfront the full ammont at the beginning of the rental year..(there is a reason forthis)...so it means the landlord/agency gets the use of my money where as i dont......

There is, from when I did my law, a term for this. I think whatever the term this means that you must, by law, have the same "one period" notice to quit. So that is "one period" or one year. In fact I think it is called a periodic tenancy?

Edited December 22, 2023 by enfieldspares

[Rim Fire]

8 hours ago, Mungler said:

Back to the original question, if your landlord is on the wrong side of a high mortgage interest rate and given market pressures, the rent is going to have to go up I’m afraid. That’s said, if you pay on the button and are low aggravation chances are there’s a deal in there to keep you as a long term tenant because your landlord will be reviewing everything (including 1-4 above).

This in a nutshell as i have said in in other posts i have sold three properties and still own two and the one  is going in the new year   my sitting tenant hasn't had a rent increase in 5 yrs  only because it's   my niece and she looks after it but with the landlord's licence and aggravation that comes with it by the time you have paid your taxes and accountants and the upkeep of the property its not worth it as i have said i am coming up 70 so its time to spend and have some me time 

[Mungler]

On 22/12/2023 at 03:43, Rim Fire said:

This in a nutshell as i have said in in other posts i have sold three properties and still own two and the one  is going in the new year   my sitting tenant hasn't had a rent increase in 5 yrs  only because it's   my niece and she looks after it but with the landlord's licence and aggravation that comes with it by the time you have paid your taxes and accountants and the upkeep of the property its not worth it as i have said i am coming up 70 so its time to spend and have some me time 

Ah I forgot about the selective licence - £1k in round numbers. Just another tax and cost to factor in.

 

[ditchman]

bloody 'ell you lot......reading all this doom and gloom i will be evicted just after xmas

 

then the bungalow will be taken over by 1/2 dozen foriegn imports

[TIGHTCHOKE]

5 hours ago, ditchman said:

bloody 'ell you lot......reading all this doom and gloom i will be evicted just after xmas

then the bungalow will be taken over by 1/2 dozen foriegn imports

Probably nomadic throat singers.........................

[ditchman]

1 hour ago, TIGHTCHOKE said:

Probably nomadic throat singers.........................

aaahhhhh a musical new year no doubt...........many a good tune had on an old fiddle

Edited December 24, 2023 by ditchman

[TIGHTCHOKE]

Just now, ditchman said:

aaahhhhh a musical new year no doubt

And a happy one too.  

[countryman]

If I have a good tenant I generally leave them on the same rent, good tenants are few and far between, if your landlord uses a letting agent they quite often recommend the the increase as there fee will be rising as well. 

[Bigbob]

15 hours ago, ditchman said:

bloody 'ell you lot......reading all this doom and gloom i will be evicted just after xmas

 

then the bungalow will be taken over by 1/2 dozen foriegn imports

You checked out local old folks homes LOL ?.

[ditchman]

4 minutes ago, Bigbob said:

You checked out local old folks homes LOL ?.

they are full of old people ........................thanks .............................not