Sample Rent Increase Letter To Tenant Uk
Amount of increase a rent increase must usually be considered reasonable as determined by the local rental market.
Sample rent increase letter to tenant uk. For a periodic tenancy you can. You can compose a friendly rent increase letter if. This formal notification of an increase in rent for tenants is usually given 30 60 days before the current lease ends. Before doing this it s imperative that you send a rent increase letter.
Though no law dictates the figure by which a landlord can increase rent the landlord must follow the set state laws regarding tenancy. Use a landlord s notice proposing a new rent form giving your tenant at least a month s notice. The rent increase letter officially communicates this change in rent and documents the increase. The rent increase usually used in a month to month lease or if the standard lease is about to end.
Since it will be an official record it should be in formal business letter style and either given by hand or sent by certified mail. You want to inform your tenant of an increase in their rent amount per month. A landlord often increases rent to have a bit more money to cover expenses but does not want to lose a tenant. Agree a rent increase with your tenants and produce a written record of the agreement that you both sign.
If it is sent by certified mail the landlord will have proof that the tenant was notified within the prescribed period of time.