New homes

Rent increases

As part of the Renters' Rights Bill, the government is rules about how landlords can raise rents. 

It will also alter the process of appeal for tenants and change the role of tribunals in settling disputes. 

This is designed to create a fairer and  more predictable environment for tenants, whilst ensuring landlords retain the right to raise rents in line with a fair market rate.

What you need to know

  • Review rents annually and document the rationale for any increase.
  • Benchmark against local market rates to ensure competitiveness and fairness.
  • Communicate clearly with tenants to maintain trust and reduce the likelihood of disputes.

Under the new rules

  • Rent can be increased once a year
  • Landlords can only increase rents in line with market rates
  • Tenancy agreements can no longer contain rent review clauses

Formal notice procedure

  • Clearly stating the new rent amount.
  • Specifying the date the new rent will begin.
  • Ensuring the notice is served in writing and in accordance with legal requirements.

The new tribunal reforms mean

  • A tribunal can no longer increase rent beyond what the landlord initially proposed
  • Rent increases cannot be backdated and will apply from the date of Tribunal determination
  • The tribunal has the power to defer rent increases by up to a further 2 months

To prepare for the changes

  • Review rents annually and document the rationale for any increase.
  • Benchmark against local market rates to ensure competitiveness and fairness.
  • Communicate clearly with tenants to maintain trust and reduce the likelihood of disputes.

Got a question about your rental property?

If you have any questions for our team about the Renters' Rights Bill and what it means for you as a landlord, please contact your nearest lettings branch or fill in your details below and we'll get back to you. 

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