Rent Reviews Rentagain index

Rents must rise as costs increase .   Documents to print ► Notification letter (required 60 days before) ► Explanation brochure (helps with PR) ► Bank AP form (if needed)   Before reviewing, ensure:- 1) New rent fits market range for property * 2) Incomes actually pay all costs     Rentals  that don't, are often sold Suggestions to keep valued renters  ●  Review to 90% of market rents (no less)  ●  Review rents yearly (keeps increases lower)  ●  Keep increase less than 10%  ●  Review at convenient times. (e.g. not Xmas).   Law  ●  Notification must be 60 days prior to change  ●  Reviews cannot be more frequent than yearly      Diary regular notifications to avoid time slippage       More with Tenancy Services   * Consider renting future if If market rents with cap gain fail to pay costs (including;- replacements, interest and wages for owners work. more>.   Ever Noticed?? Large commercial property companies do not provide rental accommodation.  WHY? Charities, councils and governments all need subsidies from donations, rates and taxes to provide rental homes.   Rentagain index Top