A Rent Increase Notice is a written document that informs your tenant of:
- The new amount of rent to be paid
- The date the new rate will come into effect
This legal document is important because it gives the tenant the information in writing. This helps avoid confusion about when the new rent applies.
It also creates a clear record of the change, which can be useful for both the landlord and the tenant later on.
In England, Section 13 is the legal process used to propose a new rent for an assured periodic tenancy.
How to increase rent as a landlord
To increase rent correctly, you need to follow the right legal steps from the start.
Here are the steps to follow if you want to increase rent:
- Check whether the tenancy is fixed term or periodic
- Read the tenancy agreement for any rent review clause
- Use the correct official form for your jurisdiction
- Give the full legal notice period
- Make sure the new rent is fair and close to market level
- Keep proof that the notice was served