How does the Private Residential Tenancy change the way rent is increased?
The new private residential tenancy
changes the way a landlord can increase the rent. If a landlord wants to increase
the rent by, say, 10 pounds a month, they would need to give three months notice
in writing to the tenant before making the change. If the tenant feels the rent
increase is too high, they can defer the case to a rent officer who will then
decide whether or not the rent increase is fair according to the local market. If
the tenant chooses to do this, they need to let the landlord know within 21 days
of getting the increased notice. Under the new regime rent increases can only
be allowed once every 12 months. If you want to know more about the private
residential tenancy, make sure you visit the link below.