My property is currently occupied, how do I introduce a rent increase?
If the Tenancy Agreement makes no provisions for the landlord to make a rent increase, then you have two options to increase the rent :
1. Renew the contract at the end of the fixed term but at an increased rent.
2. At the end of the fixed term, serve a Section 13(2) Notice of the Housing Act 1988, proposing an increase in rent.
The rental increase should be considered in relation to the rental to that of other similar properties in the same area. If the increase puts the rent well above the current market value, tenants can apply for the rent to be assessed by a Rent Assessment Committee. If they then reduce the rent, you are bound to this figure for 12 months.