News2 mins ago
Average rent increases
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Our cousin's tenants have had the rent frozen for the last 2 years and she intends to hike up their rent a little this year so she has more money to spend on posh cakes and other fru- fru. Does anyone happen to know what the average rent increase was (if any) for last year and this year? I'm guessing somewhere in the region of 4-5% but an accurate figure would be useful.
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For more on marking an answer as the "Best Answer", please visit our FAQ.It depends in part what type of tenancy agreement is in place as to the amount and frequency of rent increases, there's a bit more info here but not much http://england.shelter.org.uk/advice/advice-345.cf
m If your cousin used a standard tenancy agreement it may already be written into the contract, otherwise I'd consult the CAB
m If your cousin used a standard tenancy agreement it may already be written into the contract, otherwise I'd consult the CAB